Netflix Reopens Beloved Shuttered Theater in New York City

The Paris Theater has, for decades, been a cherished movie venue in New York City. Many mourned its August closure as the last surviving single-screen theater in the city. But now Netflix has come to the rescue, reopening it this month as a hub for premieres, screenings and special events. Netflix held its theatrical run of director Noah Baumbach’s “Marriage Story” there earlier this month. Having its own theater will make it easier for Netflix to arrange Oscar-qualifying theatrical releases of its movies. Continue reading Netflix Reopens Beloved Shuttered Theater in New York City

Apple Aims for Traditional Theatrical Exhibition of Its Movies

According to sources, Apple is in talks with cinema chains to open its feature-length films in a traditional theatrical release, with an exclusive stay in theaters before becoming available on Apple TV+. Apple might choose, however, to first debut its films in art house cinemas in New York and Los Angeles. The company reportedly is pursuing this strategy to draw in major directors and producers, as well as avoid the tension Netflix created when it released its movies without an exclusivity window. Continue reading Apple Aims for Traditional Theatrical Exhibition of Its Movies

Netflix Considers Introducing Bonuses For Successful Movies

Netflix, which traditionally has paid talent with upfront deals, is reportedly considering bonuses for filmmakers, actors and producers when their movies prove to be successful. Insiders indicate that the number of awards a movie wins or its viewership numbers could measure the level of success. The new incentive model would be designed to win film projects for the streaming service that would otherwise be picked up by other studios. While Scott Stuber, head of Netflix’s original film division, has been discussing possibilities with producers, details regarding the types of bonuses or who might receive them have not been revealed. Continue reading Netflix Considers Introducing Bonuses For Successful Movies

Why Netflix, Amazon Didn’t Buy Movies at Sundance Film Fest

For the last two years, Amazon Studios and Netflix dominated in acquisitions of films at the annual Sundance Film Festival, purchasing six titles each at the 2016 festival and, last year, Netflix leaving with 10 titles and Amazon with five. This year was a notable difference, with neither streaming giant buying a single title (yet) from the 2018 fest. Because of that, more traditional distribution companies and foreign sales agents were able to compete, the latter because the streamers bought worldwide rights. Continue reading Why Netflix, Amazon Didn’t Buy Movies at Sundance Film Fest

Judge Rules Against Netflix Bid to Offer Relativity Films Early

Netflix had been fighting to stream two movies produced by Relativity Media ahead of their planned theatrical releases, but a judge on Friday issued an order preventing Netflix from doing so. According to Judge Michael Wiles of the U.S. Bankruptcy Court in Manhattan, an early release of the comedy “Masterminds” and horror film “The Disappointments Room” could be “devastating” for Relativity, the studio he recently released from chapter 11. Ruling in favor of Netflix “would threaten the bankruptcy process… with devastating consequences to the plan and distributions” to creditors, the judge said. Continue reading Judge Rules Against Netflix Bid to Offer Relativity Films Early

Screening Room Proposes Bold Day-and-Date Release Model

Last year, the motion picture box office surpassed $11 billion for the first time in history. But that hasn’t kept distributors and exhibitors from guarding the traditional 90-day window between theatrical release and home entertainment. When major studios attempted to shrink that window five years ago, theater owners fought back. Now, Screening Room, a startup backed by entrepreneur and former Facebook/Napster executive Sean Parker, as well as some Hollywood heavyweights, is trying again — and may succeed by offering anti-piracy tech and revenue sharing. Continue reading Screening Room Proposes Bold Day-and-Date Release Model

Holiday Season Top Movies Heavily Pirated Before Releases

Shortly after screeners were sent to voters for awards consideration, some of Hollywood’s top movies of the current holiday season — most notably “The Revenant” and “The Hateful Eight” — have been pirated. Within a 24-hour period after being posted by Hive-CM8 and other piracy groups, “The Revenant” was downloaded to over 739,580 unique IP addresses, and “The Hateful Eight,” to 569,153 IP addresses. Both are slated to premiere on Christmas Day. “Creed,” although already released, logged 499,082 illegal downloads. Continue reading Holiday Season Top Movies Heavily Pirated Before Releases

‘Star Wars’ Smashes Box Office, Rallies Blockbuster Strategy

On its opening weekend, “Star Wars: The Force Awakens” demolished box office records — as well as the trope that crowds no longer throng to movie theaters, even in the first days. The Walt Disney Company’s latest “Star Wars” movie brought in about $517 million globally, a success that is stunning in its size and scope, and that underscores Hollywood studios’ efforts to focus on repurposing the blockbuster, from “Avatar” to “Frozen.” According to Disney, 3D screenings account for 47 percent of the gross. Continue reading ‘Star Wars’ Smashes Box Office, Rallies Blockbuster Strategy

Paramount to Test Shorter Release Window for Home Video

Paramount Studios is using two October releases to test a shorter window than the traditional 90-day window between theatrical release and home video. “Paranormal Activity: The Ghost Dimension,” which opens on October 23, and “Scouts Guide to the Zombie Apocalypse,” which opens a week later, will go to home video about two weeks after their screen count falls below 300 locations. Paramount offered participating theater chains a percentage of digital revenue; AMC Entertainment and Canada’s Cineplex have signed on. Continue reading Paramount to Test Shorter Release Window for Home Video

Survey Says Viewers Won’t Pay More Than $10 to Stream Movie

A survey by RBC Capital Markets found that consumers are not willing to pay any more than they already do to stream a movie on opening weekend. Eighty-seven percent of consumers will not pay more than $10 to stream a movie on the same day it is released in theaters. That’s bad news for Hollywood studios that are trying to make more money with same-day video-on-demand releases. Most of the survey respondents also said that a VOD release would have no effect on their choice to go to theaters. Continue reading Survey Says Viewers Won’t Pay More Than $10 to Stream Movie

Hollywood Veterans Team Up for New Virtual Reality Projects

With several consumer virtual reality headsets expected to hit the market this year, studios are scrambling to develop compelling VR content designed for the new devices. Virtual Reality Co. is a firm started by Hollywood players that has been working with notable filmmakers such as Steven Spielberg and Ridley Scott to bring their cinematic skills to the VR space. These directors are eager to explore the new format, but are weary of the pitfalls that plagued 3D technology. Continue reading Hollywood Veterans Team Up for New Virtual Reality Projects

Pirates and the Wealthy Watching Theatrical Releases at Home

“Furious 7,” the latest installment in the “Fast and Furious” franchise, broke box office records last weekend, and that’s not even counting the people who watched the movie at home. From Thursday to Monday, the film had been illegally downloaded 2.59 million times on torrent networks. Meanwhile, fans could legally stream the movie on PRIMA, a streaming set-top box. For the luxury of streaming movies opening weekend, PRIMA users would have to shell out $500 for the 24-hour rental. Continue reading Pirates and the Wealthy Watching Theatrical Releases at Home

New Tool for Film Marketers Analyzes Buzz on Social Media

United Talent Agency and Rentrak, an entertainment data company, have teamed up to bring studio marketers a tool that tracks the hype on social media surrounding a specific film. With this data, marketers would be better armed to make the necessary tweaks to a marketing campaign that can help make a movie a hit. PreAct is the name of the new tool, and since its debut in January, the service has signed up entertainment giants such as Sony Pictures Entertainment and 20th Century Fox. Continue reading New Tool for Film Marketers Analyzes Buzz on Social Media

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

‘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

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