Hollywood to Target Older Audience with Large Format Films

Large-screen format theaters have typically played action-adventure blockbusters aimed at the younger crowd. This fall, however, Hollywood plans to release more adult-oriented stories on the bigger screens, and often in 3D. Proof of that trend can be found in the films chosen to open recent festivals, including the 3D “Everest” at the Venice Film Festival and Robert Zemeckis’ 3D “The Walk” at the New York Film Festival. Exhibitors and their partners are also wooing adults to watch 3D films, which peaked in 2013 with “Gravity.” Continue reading Hollywood to Target Older Audience with Large Format Films

Paramount to Experiment with Flexible Film Release Window

Paramount Pictures is looking to experiment with two October film releases — “Paranormal Activity: The Ghost Dimension” and “Scout’s Guide to the Zombie Apocalypse” — by shortening the length of time it takes to make them available to watch at home via digital platforms. AMC and Cineplex are joined by several smaller operators in participating in the new approach. However, Cinemark (the nation’s third largest exhibitor) and Regal Entertainment Group (the No. 1 chain in North America) have declined. Continue reading Paramount to Experiment with Flexible Film Release Window

MIPCOM: Netflix Pushing Day-and-Date Releases for Movies

Speaking at MIPCOM this week, Netflix Chief Content Officer Ted Sarandos said his company is going to modernize the distribution model of movies. The online streaming video service has new film deals in the works, including a sequel to “Crouching Tiger, Hidden Dragon,” and a four-picture agreement with Adam Sandler. Netflix’s original films will have a day-and-date release, so that viewers can have the option of watching the movie in theaters, buying the DVD, or streaming it on demand beginning the same day. Continue reading MIPCOM: Netflix Pushing Day-and-Date Releases for Movies

‘Twilight’ Coming to Facebook, Netflix Unveils Exclusive Deals

Lionsgate and “Twilight” creator Stephenie Meyer announced plans to distribute a series of short films exclusively via Facebook. Five aspiring female directors will be hired to produce mini-movies based on the “Twilight” characters. Meanwhile, Netflix announced a new original series for kids, the animated “Kong: King of the Apes,” in addition to an exclusive four-picture deal with Adam Sandler. Netflix is also dealing with a potential exhibition boycott after announcing the sequel to “Crouching Tiger, Hidden Dragon.” Continue reading ‘Twilight’ Coming to Facebook, Netflix Unveils Exclusive Deals

‘Crouching Tiger’ Sequel Slated to Debut Via Netflix and IMAX

Netflix and the Weinstein Company announced yesterday that they plan to release the sequel to “Crouching Tiger, Hidden Dragon” simultaneously via Netflix and a select number of IMAX theaters next August. This will mark the first time a major film debuts via online streaming and in theaters at the same time. The follow-up to Ang Lee’s Academy Award-winning martial arts drama will reportedly be the first of several films backed by Netflix that are expected to follow the new release model. Continue reading ‘Crouching Tiger’ Sequel Slated to Debut Via Netflix and IMAX

Fox Film is First to Screen in Barco’s Escape Theater Format

New panoramic screening technology from digital cinema projector company Barco will debut this month with screenings of the 20th Century Fox film, “The Maze Runner.” To create a panoramic image, Barco’s “Escape” theater configuration uses three projectors and three screens — a primary screen front and center, with two angled screens on either side. While the side screens will initially feature footage created using visual effects, Fox is experimenting with camera setups to produce future movies for Escape. Continue reading Fox Film is First to Screen in Barco’s Escape Theater Format

Analysts Credit “Gravity” with Bringing 3D Back to the Spotlight

“Gravity” brought in 80 percent of its debut haul from 3D engagement, leading analysts to credit the film for bringing the format back into the spotlight. For studios and exhibitors, this is a plus because 3D tickets carry a large surcharge, potentially bringing in million of dollars. The recent increase in 3D interest can be partially attributed to the directors, including Gareth Edwards (“Godzilla”) and Marc Webb (“The Amazing Spider-Man 2”), who have been encouraging fans to see their films in 3D.  Continue reading Analysts Credit “Gravity” with Bringing 3D Back to the Spotlight

Major Record Companies Invest $3M Each in Shazam Music App

Music-identification app Shazam has landed investments from the industry’s biggest record labels, including Warner Music Group, Universal Music Group and Sony Music Entertainment. London-based Shazam’s most recent valuation was $500 million. Its value for the labels involves its potential as a marketing partner. Not only does the app enable users to identify music playing on the radio or TV, but it lets them share a song’s name via social media, download it from iTunes, or stream it via services such as Spotify. Continue reading Major Record Companies Invest $3M Each in Shazam Music App

IMAX Has New Competition in Premium Large Format Theaters

Large format theaters with over-sized high-resolution screens, more comfortable seating, and better sound systems are on the rise. IMAX has traditionally been the leader in these offerings, but competitors such as Cinemark Holdings, Regal Entertainment and AMC Entertainment have started offering their own premium large format (PLF) theaters. Last year, the three chains’ 325 PLF theaters increased revenue by 31 percent to $237 million. Continue reading IMAX Has New Competition in Premium Large Format Theaters

Digital Cinema Consortium Plans to Acquire Satellite Network

The Digital Cinema Distribution Coalition — a consortium formed by AMC, Cinemark, Regal, Warner Bros. and Universal Pictures — signed a letter of intent to acquire the Deluxe/Echostar satellite network in a significant step toward updating the digital delivery of content to theaters and eventually eliminating the need to ship hard drives. Over the next 12-14 months, the consortium will pay to convert 699 Deluxe/Echostar screens to DCDC and add another 300 that were not yet deployed. Continue reading Digital Cinema Consortium Plans to Acquire Satellite Network

CinemaCon: Exhibitors Hope Alternative Content Will Fill Seats

Digital Cinema is a hot topic this week at CinemaCon in Las Vegas on two specific fronts: the pursuit of alternative content to help fill theater seats during weeknights, and the need for a cost-effective electronic delivery system to transmit content to theaters. Still in its infancy, alternative content has already seen a number of success stories, including Met Live in HD (the Metropolitan Opera) and a 3D broadcast of the 50th-anniversary special of the BBC’s “Doctor Who.” Continue reading CinemaCon: Exhibitors Hope Alternative Content Will Fill Seats

CinemaCon: Distribution Plans Challenge Traditional Models

A recent deal between the four largest U.S. theater chains — Regal, AMC, Cinemark, and Carmike — with producer Robert Simonds’ newly announced movie company could place pressure on the traditional Hollywood distribution model. The new company, backed by investors Hony Capital and TPG Growth, plans to release at least ten films per year, and through a new deal release films directly into theaters, bypassing Hollywood’s major studios. Continue reading CinemaCon: Distribution Plans Challenge Traditional Models

“Veronica Mars” To Be Released in Theaters, VOD on Same Day

Warner Bros. is planning to release its Kickstarter-initiated “Veronica Mars” movie, starring Kristen Bell, in 270 theaters on March 14, the same day the film will be made available to rent or purchase online. While independent studios and theaters have been experimenting with same-day releases in recent years, the move will mark the first time that a major Hollywood studio has distributed a movie theatrically and for home viewing simultaneously in the U.S. Continue reading “Veronica Mars” To Be Released in Theaters, VOD on Same Day

DCDC Launches Digital Theatrical Delivery Service via Satellite

The Digital Cinema Distribution Coalition launched the industry’s first-ever digital theatrical delivery service yesterday. The service delivers films and other content to theaters via satellite. The DCDC initiative was founded by theater chains AMC, Regal and Cinemark, with Warner Bros. and Universal. Partnering with the remaining major studios and exhibitors Southern Theatres and National Amusements, the service will reach about 17,000 screens in 1,200 theaters. Continue reading DCDC Launches Digital Theatrical Delivery Service via Satellite

Five Studios Team with DCDC for Satellite Movie Delivery

Digital Cinema Distribution Coalition announced that it has reached agreements with five movie studios to provide digital delivery services to theaters in North America. The DCDC satellite and terrestrial digital distribution network will deliver feature, promotional, pre-show and live digital cinema content from Lionsgate, Universal Pictures, Disney, Warner Bros. and Paramount Pictures. Continue reading Five Studios Team with DCDC for Satellite Movie Delivery