In a week when distributors and exhibitors are reconvening for their annual Las Vegas meet-up, CinemaCon, and celebrating the post-pandemic resurge of the box office, the motion picture industry is…
to Netflix), it’s conceivable that we could see a reverse trend now that Covid fears have eased among those attending cinemas, read, in a strike laden marketplace, studios could take a movie intended for streaming and move it onto the theatrical schedule to fill any gaps.
It’s been reported how streamers could hold firm in talks for a few months given their back supply of product, not to mention it’s an opportunity to slash bloated spending, shape up their cash flow and kill bad deals. Motion Picture studios also stand to save several millions by stopping production for an earnings quarter. However, a delay in the feature distribution pipeline isn’t good for business either.
with “costumes, production design, and more now up and running”. Safran is expected to take the stage during Warner Bros. CinemaCon presentation on Tuesday while Gunn, who is on a world tour for Disney/Marvel Studios’Another delayed tentpole from the 2007-08 strike was the Ron Howard directed- Akika Goldsman-David Koepp adapted take of Dan Brown’s; that pic’s release date pushed from Christmas 2008 to May 15, 2009. Michael Mann’sstarring Angelina Jolie and directed by Phillip Noyce.
“We’re hopeful, optimistic that quick solutions that are fair to all parties are achieved,” Fithian added., many motion picture execs believe the latest round of talks boil down to what’s vital for streaming and TV scribes. However, following a rough pandemic, the rebounding theatrical business could be impacted once again.Jill Goldsmith contributed to this report
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