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WSJ: Disney will receive 65% of ticket revenue from STAR8, a new high for a Hollywood studio.
Posted by: Antibody on Nov 01, 13:19
WSJ: Disney will receive 65% of ticket revenue from STAR8, a new high for a Hollywood studio.
Antibody
Nov 01, 13:19
keeping 35% of star wars probably going to be better than keeping 100% of anything else
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islndr
Nov 01, 13:23
I doubt the strongarming will please theaters but what are they going to do about it? Kinda hard to fight back when its Star Wars.
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RollingThunder
Nov 01, 13:23
cut screens and showtimes to squeeze supply
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slipping jimmy
Nov 01, 13:26
Just means customers will go to the theater that DOES have showings, and buy concessions there, too.
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BSmurf
Nov 01, 14:14
in some markets maybe. in others, there may only be one game in town. TFA was running basically 24/7 on opening weekend in many houses
slipping jimmy
Nov 01, 14:16
The smaller markets with few theaters would be cutting their own throats (pocketbooks) by trimming showings or forgoing altogether
BSmurf
Nov 01, 14:19
Pretty cruddy of Disney. They are a business, sure, but such tactics are not consistent with their publically accepted image.
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RollingThunder
Nov 01, 14:22
I agree it's cruddy, and hurting those who actually HELP them the most (theater owners)!
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BSmurf
Nov 01, 15:30
I know I know. But consider distributors pay for all distribution costs and all promotion to put butts in the seats
Moviesnob
Nov 01, 15:40
Slightly off topic, but were theaters making money hand over fist before the Internet Age of devices and streaming?
BSmurf
Nov 01, 16:17
the split has always been the split but the window was typically longer. Star Wars ran for a year straight in some big city theaters in '77.
slipping jimmy
Nov 01, 16:23
thats what I mean with saying they have less leverage. Other revenue streams are significant
Moviesnob
Nov 01, 16:41
I must have seen Star Wars 25 times that year.
DTXbro
Nov 02, 07:02
its their content and they should be maximizing its value. I would argue that a robust theatrical experience
Moviesnob
Nov 01, 16:45
countrerargument: if the studios were really better at content, more movies would run a lot longer in theaters b/c more people would watch
slipping jimmy
Nov 01, 17:05
Increased marketing and expansion of multiplexes has pushed demand into first weekend
Moviesnob
Nov 01, 17:47
65% but what is considered the ticket price? Surely they won't take more off IMAX/Dolby right?
Smoo
Nov 01, 14:43
I guess it can be argued that the theater didn't do the work, they just show it?...but man, tickets & concessions are pricey already!
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tealfan
Nov 01, 15:42
The national average ticket price is typically below inflation. Now, as far as concessions...that is to counterbalance the cost of renting
Catzan
Nov 01, 19:45