The streaming era is here. It's time for the Academy to nix the Oscars’ theatrical release rule. (via latimesopinion)
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For more than half a century, movie theaters have successfully fought back intruders at the gate — television, cable channels, movie rentals, DVDs and now streaming services. Even though, the National Assn. of Theatre Owners’ statistics show box office revenue has gone up over the last decade and held steady over the past couple of years. Viewers still flock to theaters to see blockbuster action movies such as “Black Panther,” “The Avengers” and the latest iteration of “Mission: Impossible.
We understand that dispensing with the theatrical release requirement now could look like kicking theaters when they are down. That’s not the intent. Theaters are a vital part of the movie experience. However, the tensions between theater owners and studios will continue no matter what the requirements are for Oscar consideration.
released movies simultaneously to digital platforms and multiplexes, AMC would no longer license any of the studio’s movies in any of its 1,000 theaters. But that’s a business spat, not an artistic one.Still, critics suggest that dispensing with the theatrical release requirement would worsen a cascade of industry problems.
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