http://www.latimes.com/entertainment/envelope...story.html
"We appreciate Paramount's willingness to seek exhibitor input and provide for exhibitor participation in certain ancillary revenues as they evaluate alternative distribution models, " Regal Chief Executive Amy Miles said in an earnings call. "However, the parameters of the current proposal, both economic and structural, simply do not make sense for us given the potential risks to the long-term health of our business."
Cinemark said it notified Paramount that it would "not be playing the two movies."
The cool response underscores the challenges studios confront as they seek to evolve their business at a time when consumer habits are rapidly changing and fewer people are going to the multiplex to watch movies.
Nonetheless, analysts expect other studios will continue to experiment with early releases because they have little choice.
SOON we'll UltraFlix will convince Paramount is on the right track and we'll see an aggressive "SAME DAY RELEASE" on Ultraflix
Mark this post by 2nd qtr 2016 the figures will be mind blowing not to ignore.
"We appreciate Paramount's willingness to seek exhibitor input and provide for exhibitor participation in certain ancillary revenues as they evaluate alternative distribution models, " Regal Chief Executive Amy Miles said in an earnings call. "However, the parameters of the current proposal, both economic and structural, simply do not make sense for us given the potential risks to the long-term health of our business."
Cinemark said it notified Paramount that it would "not be playing the two movies."
The cool response underscores the challenges studios confront as they seek to evolve their business at a time when consumer habits are rapidly changing and fewer people are going to the multiplex to watch movies.
Nonetheless, analysts expect other studios will continue to experiment with early releases because they have little choice.
SOON we'll UltraFlix will convince Paramount is on the right track and we'll see an aggressive "SAME DAY RELEASE" on Ultraflix
Mark this post by 2nd qtr 2016 the figures will be mind blowing not to ignore.
