HardOCP News
[H] News
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- Dec 31, 1969
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Regal Cinemas, in retaliation for movie studios moving ahead with on-demand style movies for $30, plans on playing less trailers for movies from those studios.
Hmmm, I think we all agree that studios are planning on asking too much / too long of a wait ($30 / 2 months) for on-demand movies. So the Regal Cinemas decided the best plan of action is to retaliate (lose more revenue) by playing less trailers...for movies that will be playing in their own theaters. Wow. How these mental midgets stay in business is beyond me.
Regal is threatening to drastically reduce the amount of play time for each of the 4 studios' movie trailers in every Regal cinema. And since this comes right before the all-important summer movie season, when balmy ticket sales usually account for 40% of the film industry's annual revenue, it's a counter-attack with some real power behind it.
Hmmm, I think we all agree that studios are planning on asking too much / too long of a wait ($30 / 2 months) for on-demand movies. So the Regal Cinemas decided the best plan of action is to retaliate (lose more revenue) by playing less trailers...for movies that will be playing in their own theaters. Wow. How these mental midgets stay in business is beyond me.