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Originally Posted by Fuzz
And the automobile "broke" the business model of horse drawn carriages. These things happen. Resisting and holing out hope that things will go back to how they were in the before times never works out. Ask Blockbuster.
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And yet a chain like AMC was able to work out an agreement with Universal Pictures.
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Terms of the deal weren't disclosed, but AMC will get a share of the premium video-on-demand revenue.
"The theatrical experience continues to be the cornerstone of our business," said Donna Langley, chairman of Universal Filmed Entertainment Group. "The partnership we've forged with AMC is driven by our collective desire to ensure a thriving future for the film distribution ecosystem and to meet consumer demand with flexibility and optionality."
Defending the impact at the box office, Aron said that the first three weeks of ticket sales is when "a considerable majority of a movie's theatrical box office revenue typically is generated."
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https://www.cbc.ca/news/entertainmen...rsal-1.5667096