Well that escalated quickly.
AMC Entertainment, the world’s largest movie-theater chain, said Tuesday it will no longer play any movies from Universal Pictures after comments by NBCUniversal CEO Jeff Shell that the entertainment giant plans to release future movies directly to homes on-demand.
That brought a fiery response from AMC. In an open letter late Thursday addressed to Universal Studios Chairman Donna Langley, AMC CEO Adam Aron said: “This radical change by Universal to the business model that currently exists between our two companies represents nothing but downside for us and is categorically unacceptable to AMC Entertainment.
Generally, theaters require an exclusive 90-day window between a movie’s theatrical release and its availability for home rental or digital download. Universal is one of the largest Hollywood film studios, and if AMC carries out its threat it could have huge implications on the movie industry. In recent years, Universal’s releases have included the Oscar-winning “1917” as well as the megahit “Fast & Furious” and “Despicable Me” franchises.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AMC Theatres Refusing to Play Universal Movies in Wake of ‘Trolls World Tour’ DisputeAMC Theatres has hit hard at Universal Pictures, announcing it will no longer play any of the studio’s films in the wake of NBCUniversal CEO Jeff Shell’s promise to use premium VOD whil…
Read more »
AMC Theatres Refuses to Play Universal Films in Wake of 'Trolls World Tour'The threat came in the wake of comments made by NBCUniversal CEO Jeff Shell regarding what the on-demand success of the family film means for the future.
Read more »
AMC Theatres Won’t Play Universal Movies in Wake of ‘Trolls World Tour’ DisputeUniversal responds to AMC's refusal to play its movies: “We absolutely believe in the theatrical experience...We expect to release future films directly to theaters, as well as on VOD when that distribution outlet makes sense'
Read more »
AMC Theatres says it won't screen Universal films in wake of 'Trolls World Tour' commentsAMC Theatres' CEO announced that the theater chain will no longer screen Universal's movies, after CEO Jeff Shell's comments regarding the VOD success of 'Trolls World Tour.'
Read more »
AMC will no longer play Universal Studios filmsAMC Entertainment Holdings Inc, the world's largest movie theater operator, said on Tuesday it would no longer play Universal Studios films in any of its theaters globally, arguing that the studio is 'breaking the business model'.
Read more »
Texas Re-Opening Movie Theaters, But Chains Like Cinemark & AMC Still Eyeing A Mid-Summer StartDespite Texas Gov. Greg Abbott permitting movie theaters to re-open on May 1 in his state numbering nearly 30 million, big movies chains like AMC and Cinemark, which is located in Plano, TX, are st…
Read more »