Executives at Walt Disney Studios must be breathing a huge sigh of relief having reached a deal with Odeon Cinemas in the United Kingdom and Italian exhibitors to show their upcoming tentpole release “Alice In Wonderland”. Additionally, Disney reached an accord with AMC Theatres to show the Tim Burton helmed film in North America when it is released on March 5th.
After announcing their plans to release “Alice In Wonderland” on DVD in June, just three months after its theatrical release rather than the usual four months, Odeon, the U.K.’s largest cinema chain, publicly threatened to boycott the film. So did exhibitors in Italy. AMC never made any public statements about a boycott, but delayed signing any agreement to show the film. Most of the details about the agreements were kept private by both parties, but according to a story in Variety, here is what we know:
- In the U.K. Disney will not begin advertising the DVD until six to eight weeks after the film hits theatres.
- In Italy, Disney will release three big movies during the summer, rather than waiting until fall. Traditionally, the summer box office grosses have been tepid compared with those in autumn. “Prince of Persia: The Sands of Time” will open on August 20th, while “Toy Story 3″ and “The Sorcerer’s Apprentice” will also open have summer playdates.
- Disney has extended the release of “Alice In Wonderland” on DVD from 12 weeksafter its theatrical to 13.
In the U.K., assurances were given that the studio won’t begin advertising for the DVD until six or eight weeks after the theatrical bow. It’s likely that exhibs elsewhere asked for the same terms.
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Popularity: 8% [?]
Surely Walt Disney Studios was hoping their upcoming release “Alice In Wonderland” would generate a lot of media attention before it hits theatres on March 5th, though they probably weren’t trying to create the kind of buzz the picture received over this past week. Theatre owners in North America and Europe protested when the studio announced it would move up the DVD release of the movie to early June, just three months after Tim Burton’s adaptation of Lewis Carroll’s classic is distributed theatrically.
The announcement was made on February 8th by Disney’s CEO, Bob Iger, during an earnings call and seemed to come as a surprise to many. A surprising number of newspapers, websites and radio shows beginning running numerous stories about the dispute just two days later and through the course of last week. In fact, the Los Angeles Times managed to sum up the latest battle over movie release windows rather nicely:
The flare-up illustrates how an arcane topic once only of interest to Hollywood executives can affect moviegoers around the world.
The L.A. Times, along with The Wrap, touched on the fact that studios have been meeting with key North American exhibitors (probably Regal Cinemas, AMC Theatres and Cinemark) to negotiate a deal on shortening theatrical release windows. These meetings weren’t done surreptitiously. In January John Fithian, President of the National Association of Theatre Owners, told attendees of the International Cinema Technology Association’s tech conference that theatrical windows would be changing to help studios maximize revenues from home releases:
“As a person who represents the cinema industry I’m not going to tell you that we’re very happy that that model is going to change, but it has to. But it has to change logically and it has to change with studios and exhibitors sitting down together and analyzing the models. It’s not a great secret, this is happening. Leading studio executives, leading cinema representatives are talking about what these models should look like. The good news is we’re all at the table talking. That’s much better and much more cooperative than if studio x decided just to abandon the model and release a major picture in the cinema and in the home roughly at the same time. That’s not going to happen. What’s going to happen is some scientific thinking and some research and a deliberative process to maximize the model for the studios without killing the model for exhibition.”
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Popularity: 9% [?]
Let’s face it, while mainstream media might be screaming about an economic recovery, times are still tough for many businesses all over the world. That is especially true for trade shows. No matter the industry focus, attendance at global conventions has dropped in 2009 by more than 25% in most cases. Just look at attendance at some of the annual confabs the motion picture industry holds; the Sundance Film Festival down 11%, ShoWest down 15%, NAB down 20%, the Cannes Film Festival down 30% and IBC in Amsterdam down at least 7%. That may be why at ShowEast, which was held in Orlando, Florida from October 26th to October 29th, the talk amongst delegates was as much about the trade show’s attendance as it was about 3-D, digital cinema and the upcoming blockbuster release “Avatar”.
While such conversation tends to feed on itself ultimately making mountains out of mole hills, Robert Sunshine, the Vice President of Nielsen Film Group which organizes the event, readily admits attendance at this year’s ShowEast, like most conventions around the world, was down roughly 20%. “It’s numbers that we don’t like to see,” said Sunshine. “We attribute it to the economy and we also attribute it to the fact that there are lots of [industry] conventions, there’s the major convention, ShoWest, and certain people don’t have the money to attend all of these shows so they are picking and choosing where they go.”
Another factor Sunshine might not be considering is that digital cinema is maturing, growing out of its infancy and into adolescence. The technology is responsible for one of the greatest, if not most disruptive, transitions the motion picture exhibition industry has ever seen. By now, there has been some shakeout in the number of companies who entered the digital cinema space, and those that remain are naturally looking to augment their marketing plans. This is a common trend in emerging markets and industries, though unfortunately this phenomena is taking place in digital cinema during a record setting recession.
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Popularity: 10% [?]
The popcorn has been swept away, the 3D movie banners folded, the quiet talk about how cinema is holding up in the recession has faded - ShoWest 2009 is over.
While VNU will continue to host the Las Vegas-set cinema trade show and exhibition for one more year before NATO is rumoured to take the show back (and move it to Ceasar’ Palace) in 2011, there was something of an End Credits roll feel to the confab. The number of attendees was down, the studios were (with two exceptions) largely absent, the parties scaled back and nowhere was there any open celebration of the fact that this year’s box office easily looks set to cross $10bn.
So who did well in this year’s conference? Digital Cinema? Old hat. 3D? Sure, “Monsters vs. Aliens” did well, but that was to be expected. Instead it would seem that ShoWest 2009 will go down as the year that Sony and its 4K SXRD technology took its decisive step into the limelight. No, it was not a case of audiences waking up and suddenly finding 2K resolution inadequate and demanding 4K, as Sony still hasn’t figured out how to create a pixel-fetish driven demand amongst cinema goers (free hint: don’t call it ‘4K’ - call it an ‘8 megapixel projector’ versus DLP’s ‘2 megapixel’ - sure, it’s not correct, but since when did that stand in the way of aggressive marketing?).
No, it was three interlinked announcement that helped crown Sony Electronics (not SPE - Sony Pictures Entertainment) the unofficial King of the ShoWest hill. Read More »
Popularity: 34% [?]
Sometimes rebound relationships can really pay off. At least that’s what Walt Disney Studios is hoping now that it has agreed to enter a long-term agreement with DreamWorks to distribute upwards of six films a year starting in 2010. The deal was put together very quietly over the last several weeks as DreamWorks simultaneously tried to negotiate an agreement with Universal Pictures which had originally been announced back in October of last year. That deal fell apart late last week when Universal and DreamWorks could not agree on a set of terms and as Universal reportedly discovered DreamWorks was negotiating with Disney. When speaking with The Hollywood Reporter on Saturday the studio’s official line was:
“Universal Pictures has ended discussions with DreamWorks for a distribution agreement. Over the past several weeks DreamWorks has demanded material changes to previously agreed upon terms. It is clear that DreamWorks’ needs and Universal’s business interests are no longer in alignment. We wish them luck in their pursuit of funding and distribution of their future endeavors.????”
What a few of those “material changes” amount to says a lot about theatrical motion picture distribution and just where a studio realizes a profit when releasing a film. The deal that DreamWorks was originally negotiating with Universal was a straight distribution partnership. Such deals will usually see the production company paying for the production of a film while the studio pays for film prints, marketing and advertising in exchange for recouping costs and a share of the box office gross. That share can range anywhere from 8% to 15% of the gross - not the net - receipts. Read More »
Popularity: 23% [?]
Walt Disney Studios announced today that it will be reworking both of their blockbuster “Toy Story” films, creating Disney Digital 3-D versions which will be released theatrically before “Toy Story 3″, which is presently being produced as a 3-D movie with a June 18, 2010 launch date. Dick Cook, chairman of The Walt Disney Studios said that overseeing the project would be John Lasseter, who directed both “Toy Story” films and who is presently serving as creative officer for Disney and Pixar Animation studios.
“Toy Story” was initially released as Pixar’s first film in 1995. The movie went on to huge critical fanfare and financial success garnering three Academy Award nominations. Lasseter himself won a special Oscar “for the development and inspired application of techniques that have made possible the first feature-length-computer animated film.” Say that three times real fast. It’s a mouthful.
The movie features the voices of Tom Hanks and Tim Allen as Woody and Buzz Lightyear, two toy dolls who come to life when the boy who plays with them leaves his bedroom. In fact all of the toys in “Toy Story” have a life of their own when humans aren’t around and they manage to get into a lot of mischief out in the real world. In “Toy Story 2“, which was originally released in 1999, Buzz and Woody are reunited to face a whole new set of adventures.
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Popularity: 21% [?]
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