The CEO of AMC accused Universal of wanting to "have its cake and eat it too"
09.04.2020 - 17:47 / tvguide.com
The coronavirus pandemic has taken a major toll on Hollywood's box office, as social distancing and shelter-in-place orders across the U.S. have led to release date delays, production shutdowns, theater closures, and, as a result, record-low movie ticket sales with no end in sight.
In response to the crisis and theatrical closings, several film studios have been taking proactive measures to ensure their newest movie releases are still seen by as many people as possible. The latest example is
The CEO of AMC accused Universal of wanting to "have its cake and eat it too"
NBCUniversal CEO Jeff Shell is taking a victory lap for the decision to debut Trolls World Tour on premium VOD instead of waiting for cinemas to reopen post-coronavirus pandemic, saying it could herald a permanent change in how Universal Pictures releases its movies. Trolls World Tour racked up an estimated $100 million in on-demand rentals in its first three weeks of play in North America, more than enough to put the film on the road to profitability, according to the conglomerate.
AMC is firing back at Universal Pictures after the CEO opened up about the success of their straight to VOD success with Trolls World Tour.
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Dreamworks’ Trolls World Tour has reportedly made a whopping $95 million in rental fees in the first 19 days on demand, Deadline reports!
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Disney has confirmed that a new live-action version of Artemis Fowl is heading to its streaming service.
The coronavirus pandemic has taken a major toll on Hollywood's box office, as social distancing and shelter-in-place orders across the U.S. have led to release date delays, production shutdowns, theater closures, and, as a result, record-low movie ticket sales with no end in sight.
Trolls World Tour hit streaming and on-demand on April 10 rather than heading to theaters, as originally planned. As a result, the Universal family film became the first major movie since the coronavirus pandemic began to bypass theatrical release entirely, and the studio is reporting the digital release to have been a massive success.
By Todd Spangler
The new movie Artemis Fowl is heading straight to Disney+ since movie theaters are shut down for the foreseeable future.
Trolls World Tour hit streaming and on-demand on April 10 rather than heading to theaters, as originally planned. As a result, the Universal family film became the first major movie since the coronavirus pandemic began to bypass theatrical release entirely, and the studio is reporting the digital release to have been a massive success.
Trolls World Tour became the biggest digital debut of all time this weekend, Universal Pictures said on Monday (April 13). The animated sequel featuring the voices of Justin Timberlake and Anna Kendrick was No. 1 on all the major platforms, including Apple, Amazon and Comcast. FandangoNow also said the release of Trolls World Tour helped the service have its best weekend ever. It was also its most preordered film ever. Trolls Wo