MoviePass’ Reaction To AMC’s New Ticket Sub Plan? Sour Grapes & Smack Talk
AMC and MoviePass have been at each other’s throats since last August when the latter rebooted its brand with a $9.95/a month unlimited ticket service. And today MoviePass had something to say about AMC’s new $19.95/a month movie ticket program, Stubs A-List, which gives its members three tickets a week to any film, in any format Imax, 3D, or Dolby at any time.
“Heard AMC Theaters jumped on board the movie subscription train. Twice the price for 1/4 the theater network… Read
AMC Boss Adam Aron On Economics Of $20/Month Movie Ticket Service: “Our Program Will Be Profitable While Others Struggle To Be Profitable”
AMC CEO Adam Aron knows that his theater chain’s new $19.95 monthly movie ticket subscription service Stubs A-List is double the price of MoviePass and that’s because he’s aiming to make the program “beneficial” for “all involved.” A good deal for consumers, and one which hopefully won’t rob distribution, studios and exhibition partners like RealD and Imax with a flat-across-the-board price structure.
A higher price is necessary a month, so as not to hemorrhage cash from… Read
Imax Gives Thumbs Up To AMC’s New $20/Month Subscription Program
While there were questions in the industry whether a monthly movie ticket subscription service from a major exhibitor might take dollars out of the pockets of studios and 3D and large format exhibition partners, Imax reports today that business is going to be just swell under AMC’s new Stubs A-List $19.95 per month program.
“Imax Corporation believes this program will greatly expand the Imax audience,” read a statement today from the large format exhibition partner.
More MoviePass Drama: Stock See-Saws As Parent Company Pitches Ways To Avoid Nasdaq Delisting
The bizarre ride of MoviePass parent Helios and Matheson Analytics continued today after the company issued a preliminary proxy report unveiling proposals to overhaul its financial structure.
With 15 minutes to go in today’s trading session, not long after the filing was posted, company shares abruptly spiked by more than 25% before plummeting back after hours to 30 cents a share, a new 52-week low. Trading volume was twice the normal level.
Shareholders who own stock as… Read
‘Incredibles 2’s $23.6M Monday Is Best Ever For An Animated Movie – Update
Update: Disney is calling the Monday for Pixar’s Incredibles 2 at $23.6M. All records still stand: Best Monday for an animated movie beating Shrek 2‘s 14-year record of $23.4M, and the second best Monday in June so far after Jurassic World‘s $25.3M.
Previous, 7:56AM: Even though the weekend is over, the momentum for Disney/Pixar’s Incredibles 2 just won’t let up. The Brad Bird-directed feature earned an estimated $23.9 million Monday in early morning industry reporting… Read
‘Incredibles 2’ Record $183M Beats ‘Captain America: Civil War’ Opening & Lifetime Totals Of ‘Cars 3’, ‘A Bug’s Life’
6th Update, Monday AM: Disney is reporting that Pixar’s Incredibles 2 is flying in at $183.2M, higher than where both the industry ($181M~) and the studio were seeing it yesterday. Records still maintained: Best animated opening of all-time beating Finding Dory ($135M), 8th best opening of all-time, just ahead of Captain America: Civil War ($179.1M) and best PG debut of all-time besting Beauty and the Beast‘s $174.7M. New Line’s Tag was a bit higher at $14.9M in 3rd place… Read
After AT&T-Time Warner Merger, Will PVOD Talk Rear Its Head Again?
When AT&T first announced its intentions to acquire Time Warner back in October 2016, talk about premium-video-on-demand was all the rage.
The format, which each studio had different pitches on, essentially called for streaming movies in the home roughly 17 days after their theatrical release at a price between $20-$30 per title.
Most of the majors, except for Disney, were hot and heavy about collapsing the window as they saw it as a potential means to supplant lost home… Read
World Cup Box Office Impact: Fancy Scheduling Footwork, Possible Breakouts
Every four years, the world tunes into the World Cup — or at least the most soccer-loving nations do, including pretty much all of Europe and Latin America. As with other major sporting events, this provides a long-lead challenge to distributors with regards to scheduling and counterprogramming at the international box office.
With World Cup 2018 kicking off in Russia today, and almost half of the globe's 7.6B population expected to tune in throughout the tournament… Read
Vue International Investor AIMCo Seeking To Exit Major Exhibition Chain – CineEurope
EXCLUSIVE: Toronto-based private equity firm AIMCo is seeking an exit from Vue International, a leading exhibitor with 212 sites in 10 countries, I’ve learned. It’s understood that AIMCo (short for the Alberta Investment Management Corporation) is currently in discussions about offloading its stake and is talking to a wide range of partners.
AIMCo is one of three major shareholders in Vue International, alongside Toronto-based OMERS and Vue’s management with each… Read
STXinternational Brings ‘Mile 22’ Action & More To First CineEurope Presentation
STXinternational made its first-ever CineEurope presentation here in Barcelona with President David Kosse touting the overall company's brand of “highly-commercial, star-driven films” that "take the studio model apart and rebuild it.” Since launching internationally, the offshore division of STX Entertainment has set 33 output partners around the world and its own distribution hub in the UK. Kosse, the former longtime Universal exec, tells me this seemed like the right… Read
Paramount Shows Off More ‘Mission: Impossible’, ‘Bumblebee’ – CineEurope
Much as he dominated Paramount's CinemaCon presentation in April, Mission: Impossible – Fallout star Tom Cruise loomed large over the studio’s CineEurope show today.
When Mary Daily, Paramount President of International Theatrical Marketing, went to toss off to President of International Theatrical Distribution Mark Viane early on, there appeared to be a missed cue. After a few uncomfortable seconds, Lalo Schifrin’s music started and Cruise appeared on screen, saying he… Read
Discovery Buckles In Alex Wellen As President & GM Of Motor Trend Group
The world’s largest automotive media company has a new driver. Discovery said today that it has named Alex Wellen as president and GM of Motor Trend Group.
Wellen spent the past 12 years with CNN Worldwide, most recently as Global Chief Product Officer. Starting on July 1, he will oversee all aspects of Motor Trend Group's overall strategic direction and global growth. That includes Motor Trend Network — Discovery's cable network that will be rebranded from Velocity in… Read