Well, here is a bit of news a little more serious than what I normally write about. However, it’s interesting to see how this situation could completely change the way we, as movie fans, see newly released films.
In a report put out by Variety six of the seven biggest Hollywood studios are making a push to offer movies in homes on digital download only weeks after a movie is released into theaters.
Nothing is set in stone yet, but apparently when discussions first started it looked like the studios would make their digital downloads available 17 days after the film debuted in theaters for the low, low price of $50. However, some studios, particularly Fox and Universal, feel that $50 is too high of a price to ask consumers to pay for a digital rental. Therefore, they are trying to convince other studios to make movies available between 30 to 45 days after the theater launch and only charge $30 as the rental price.
The one studio not interested in these talks is Disney – due to not wanting to shorten the time window that a particular movie can stay in theaters. This is no surprise that Disney has zero interest in this deal due to owning the rights to Marvel, Star Wars, and all their animated movies. These properties tend to have runs in the theaters longer than any other property put out by any other studio. A deal like this could actually hurt profits for Disney. (more…)