The Clown Prince
06-28-2001, 02:18 PM
This comes from assignmentx.com formely Cinescape.com.
In the kind of BS business decision that Hollywood is infamous for, New Line Cinemas, the power behind LORD OF THE RINGS: THE FELLOWSHIP OF THE RING and RUSH HOUR 2, has changed its exhibitor contracts to such a noxious extent that those films will not be playing at several theater chains. Chief among the chains boycotting the release of RINGS is Regal Cinemas, the nation’s largest theater chain.
The problem comes from New Line’s recent change to what are called “firm term” exhibition contracts with theaters. Under the old system, still used by studios like Paramount, Disney and MGM, studios and theater owners decided on the split of cash from movie releases once the movies were out and both studios and theaters knew how well they would perform.
Firm term contracts require the cash ratio be set before the film is released. Along with New Line, DreamWorks, Warner Bros. and Sony have gone to firm term releasing. It was this firm term releasing that had many theaters taking a bath when movies like GODZILLA tanked at the box office in comparison to what was expected.
As this is an ongoing fight, it is possible, according to the Hollywood Reporter, the problems will be worked out before the films are released. If not, you better check to see if the only theater in your town is Regal, and if it is… find somewhere else to see RINGS.
Wow, I really can't believe this crap. The only theater chains that we have here in the Portland metro area are basically Regal Cinemas. Now I'm gonna have to drive around some ubsurd amount of miles to find a less than par theater. We have other theaters but they don't really have the nice theaters that I'm accustomed to at Regal. The one I go to is brand new with the new surround sound, stadium seating etc. I think this is really gonna hurt the box office receipts. It'll still make a lot of money I'm sure, but not as much if it were playing in Regal Cinemas.
http://www.cinescape.com/0/editorial.asp?aff_id=0&this_cat=Movies&action=page&type_id=&cat_id=270338&obj_id=27460
The Clown Prince
In the kind of BS business decision that Hollywood is infamous for, New Line Cinemas, the power behind LORD OF THE RINGS: THE FELLOWSHIP OF THE RING and RUSH HOUR 2, has changed its exhibitor contracts to such a noxious extent that those films will not be playing at several theater chains. Chief among the chains boycotting the release of RINGS is Regal Cinemas, the nation’s largest theater chain.
The problem comes from New Line’s recent change to what are called “firm term” exhibition contracts with theaters. Under the old system, still used by studios like Paramount, Disney and MGM, studios and theater owners decided on the split of cash from movie releases once the movies were out and both studios and theaters knew how well they would perform.
Firm term contracts require the cash ratio be set before the film is released. Along with New Line, DreamWorks, Warner Bros. and Sony have gone to firm term releasing. It was this firm term releasing that had many theaters taking a bath when movies like GODZILLA tanked at the box office in comparison to what was expected.
As this is an ongoing fight, it is possible, according to the Hollywood Reporter, the problems will be worked out before the films are released. If not, you better check to see if the only theater in your town is Regal, and if it is… find somewhere else to see RINGS.
Wow, I really can't believe this crap. The only theater chains that we have here in the Portland metro area are basically Regal Cinemas. Now I'm gonna have to drive around some ubsurd amount of miles to find a less than par theater. We have other theaters but they don't really have the nice theaters that I'm accustomed to at Regal. The one I go to is brand new with the new surround sound, stadium seating etc. I think this is really gonna hurt the box office receipts. It'll still make a lot of money I'm sure, but not as much if it were playing in Regal Cinemas.
http://www.cinescape.com/0/editorial.asp?aff_id=0&this_cat=Movies&action=page&type_id=&cat_id=270338&obj_id=27460
The Clown Prince