Saturday, March 21, 2020

BAD FOR BUSINESS..BIG TIME>.

IN MY OPINION:
WILLIAM REYNOLDS:
 
BAD FOR BUSINESS..BIG TIME>.
 
As theaters across the U.S. shut down, studios are experimenting with releasing on-demand, but for tentpoles "the math really doesn't work."
As the global coronavirus pandemic has shut down movie theaters around the world, the film business faces a potentially transformative question: Should studios hold movies for a later, indefinitely postponed theatrical release or make them available as online attractions now?
While NBCUniversal and Sony Pictures are offering films on a pay-per-view basis, media analyst Rich Greenfield says “they're doing this out of complete distress and as some kind of unique learning experience rather than as a shift in strategy.”

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