Start United States USA — Cinema Disney CEO says there’s no ‘going back’ to old way of movie...

Disney CEO says there’s no ‘going back’ to old way of movie watching

130
0
TEILEN

Disney Chief Executive Bob Chapek said the pandemic has likely permanently narrowed the window for movies to play only in theaters.
Pre-pandemic, cinemas depended …

Disney Chief Executive Bob Chapek said the pandemic has likely permanently narrowed the window for movies to play only in theaters. Pre-pandemic, cinemas depended on an exclusive 90-day window to screen films before they were made available to home distribution channels, such as pay TV and streaming services. But now, studios are tinkering with that timeframe, either shortening it or doing away with it altogether. “The consumer is probably more impatient than they’ve ever been before, particularly since now they’ve had the luxury of an entire year of getting titles at home pretty much when they want them,” Chapek said late Monday at a virtual conference hosted by Morgan Stanley. “I’m not sure there’s going back,” he continued. “But we certainly don’t want to do anything like cut the legs off a theatrical exhibition run.

Continue reading...