Friday, December 24, 2010

Theater operators fight studios' plan to release movies in homes earlier

Theater operators fight studios' plan to release movies in homes earlier


Animated

Theater operators are mounting a challenge to plans by Hollywood studios to release movies in the home when they are still in theaters.
The nation's largest theater chains have been reaching out to investors and analysts on Wall Street, as well as directors, producers and agents, in an effort to build support for preserving so-called theatrical windows — the period of time between when a movie opens in cinemas and when it comes out on DVD or other media.
The outreach is in response to statements by media executives touting plans to offer movies in the home via video on demand at a price of $30 to $60, one to two months after they are released in theaters.
Premium-priced VOD is foreseen as a new revenue source for studios looking to offset declining DVD sales, as well as a boon for cable companies that have been stymied in their efforts to deliver movies into the home earlier in part because of concerns it could cannibalize home video sales.
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