Tag Archives: THR

Movie Theaters Are Declaring War On Netflix, Here’s Why

Regal Cinemas, the world’s largest theater chain, came out this morning in strong opppsition to the merger between Weinstein, Netflix and IMAX, which has agreed to carry Crouching Tiger, Hidden Dragon 2 next August. Netflix, at the time, said that the sequel would be the first of several major films that would receive a day-and-date release on both Netflix and in some IMAX theaters. […] Regal operates 86 IMAX locations across the country, and told THR that they will not carry Crouching Tiger, Hidden Dragon 2 at any of those locations. Cinemark, meanwhile, chimed in with a stern stance as well, stating (via Variety), “Cinemark does not play day-and-date movie releases on any of our screens including the IMAX screens that we operate.” […] However, it’s worth asking if Regal will maintain this stance if this Netflix model is adopted by major studios like Paramount, Warner Bros., Universal, Fox or Disney. Not that this would occur in the next year or two. But let’s say, down the line, that the latest Marvel movie would be available on Netflix on the same day that you also could see it on an IMAX screen. You’re telling me Regal would still refuse to carry an obvious moneymaker on principle? – Sean O’Connell,Cinema Blend
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