In the more recent past, a studio might have acquired a cinema chain so it could have more control over where its movies are shown. The idea was to shrink the theatrical window - the months-long period when new movies can only be seen on the big screen. But that would probably just hurt theatres, Mr Handler said, making the asset less valuable to acquire.And in recent weeks, that window has already started to shrink.
One benefit to buying a theatre chain now is that their stock prices have fallen. With screens dark for much of the year, AMC's shares have tumbled 34 per cent in 2020, putting its market value at US$519 million. The company carries billions in debt, however, which would make an acquisition more costly.
The decrees stemmed from antitrust litigation in the 1930s, when entertainment options were limited and Hollywood studios dominated the movie industry. The National Association of Theatre Owners, the trade group representing cinemas, agreed that the restriction was no longer needed. The decision could give theatre owners more confidence to rethink their distribution models with the studios.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: thenewpaper - 🏆 7. / 63 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »
Source: thenewpaper - 🏆 7. / 63 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »