Theatrical Archives - Page 186 of 187

MoviePass Tops 2 Million Subscribers

Helios and Matheson, corporate owner of theatrical ticket subscription service, MoviePass, Feb. 8 announced the service now has more than 2 million subscribers – less than two months after surpassing 1 million subs. The New York-based $9.95 monthly service enabling subs access to one theatrical screening per day, is on a full-court offensive to gain … Continue reading “MoviePass Tops 2 Million Subscribers”
Viacom CEO: ‘The Cloverfield Paradox’ Sale to Netflix a ‘One-Off’ Deal

Following an underperforming legacy film slate, Paramount Pictures jumped at the chance to offload sci-fi drama The Cloverfield Paradox to Netflix, according to Viacom CEO Bob Bakish. The subscription streaming video behemoth — which reportedly paid $50 million for the rights — promptly streamed the third installment in the franchise (following 10 Cloverfield Lane in … Continue reading “Viacom CEO: ‘The Cloverfield Paradox’ Sale to Netflix a ‘One-Off’ Deal”
Paramount Home Media Distribution Q1 Revenue Falls

Paramount Pictures Home Media Distribution Feb. 8 reported first-quarter (ended Dec. 31, 2017) revenue of $183 million, which was down almost 25% from revenue of $243 million during the previous-year period. The home entertainment studio attributed the decline to the comparison against the release of Star Trek Beyond in the prior year quarter. Domestic home … Continue reading “Paramount Home Media Distribution Q1 Revenue Falls”
MoviePass: $129 Million Generated for Oscar-Nominated Films

Helios and Matheson Analytics – corporate parent of MoviePass – Feb. 6 announced the subscription theatrical ticket service has generated $128.7 million for select Oscar-nominated since last November. In addition, it claims MoviePass contributed 5.7% to the total nationwide box office. In addition to offering subscribers access to one theatrical screening daily for $9.95 monthly … Continue reading “MoviePass: $129 Million Generated for Oscar-Nominated Films”
Disney Readying ESPN OTT Video Service for Spring Launch

The Walt Disney Co. this spring is launching a standalone ESPN over-the-top video service, a $4.99 monthly platform powered by the media giant’s recent $3.75 billion BAMTech acquisition. Disney will also launch its first domestic OTT video in late 2019. The move comes as Disney reported 11% drop in first-quarter (ended Dec. 30, 2017) ad … Continue reading “Disney Readying ESPN OTT Video Service for Spring Launch”
Netflix Streams ‘The Cloverfield Paradox’ Following Super Bowl LII

For football fans, it was the Philadelphia Eagles denying a trademark New England Patriots rally to win its first Super Bowl (discounting a 1960 NFL Championship) in a thrilling contest, 41-33. For Hollywood, the marquee televised event (111 million viewers in 2017) provided massive eyeballs for movie trailers/teasers reportedly costing more than $5 million to … Continue reading “Netflix Streams ‘The Cloverfield Paradox’ Following Super Bowl LII”
Warner Bros. Home Entertainment Ups 2017 Movie Revenue 6%

Warner Bros. Home Entertainment Feb. 1 reported fiscal 2017 revenue of $1.56 billion from physical and digital sales of movies, which was 5.8% more than revenue of $1.48 billion in 2016. Sales of TV content on disc and digital declined 11% to $418 million from $470 million in the previous-year period. Wonder Woman was the … Continue reading “Warner Bros. Home Entertainment Ups 2017 Movie Revenue 6%”
SVOD, Studios Ready Super Bowl LII Ads

Amazon Studios will showcase its first Super Bowl ad for a TV show or movie when it airs a trailer for episodic series, “Tom Clancy’s Jack Ryan,” starring John Krasinski (“The Office”) – the fifth actor to play the title character after Alec Baldwin in The Hunt for Red October in 1990. Amazon will also … Continue reading “SVOD, Studios Ready Super Bowl LII Ads”
Netflix Interested in MoviePass?

NEWS ANALYSIS: Wall Street loves scuttlebutt. Rumors and speculation make stocks do crazy things. On the morning of Jan. 30, shares of Helios and Matheson Analytics, majority owner of theatrical ticket subscription service MoviePass, edged up slightly (2%, the day after rising 9%) on talk Netflix is an interested suitor. MoviePass has been in the … Continue reading “Netflix Interested in MoviePass?”
Entertainment One Appoints Mark Gordon President and Chief Content Officer

Independent studio Entertainment One has appointed Mark Gordon president and chief content officer, film, television and digital, and has agreed to acquire the remaining 49% of The Mark Gordon Co. for $209 million subject to shareholder approval. In this newly-created role, Gordon will lead the company’s creative units. Steve Bertram was also appointed president, film, television and digital. … Continue reading “Entertainment One Appoints Mark Gordon President and Chief Content Officer”