World’s largest cinema chain Odeon Cinemas owner AMC, refuses to screen any Universal Pictures in the future.
The world’s largest cinema chain, which owns Odeon Cinemas, has said it will refuse to screen any Universal Pictures films in a row over the future of theatrical releases. Its theatrical run was cancelled due to the coronavirus pandemic.
Speaking to the Wall Street Journal, he said Universal, known for blockbuster franchises including Fast & Furious and Jurassic World films, may release movies in both formats even when cinemas reopen following the outbreak. The response from Adam Aron, the boss of the cinema chain AMC, who accused the company of wanting to “have its cake and eat it too.” He said AMC will not licence any Universal film in its 1,000 theatres around the world.
NBC Universal boss Jeff Shell trumpeted the success of the Trolls World Tour following its video-on-demand release earlier this month after it earned an estimated 100 million dollars (£80 million).
“Accordingly, we want to be clear, so that there is no ambiguity of any kind. AMC believes that with this proposed action to go to the home and theaters simultaneously, Universal is breaking the business model and dealings between our two companies. It assumes that we will meekly accept a reshaped view of how studios and exhibitors should interact, with zero concern on Universal’s part as to how its actions affect us.” says Universal Studio’s chairwoman Donna Langley.
Universal, one of the major Hollywood studios, issued a response, saying it “absolutely believes in the theatrical experience and made no statement to the contrary”. But it also echoed Mr Shell’s earlier comments and reiterated its plans to release future films on multiple platforms. For more Entertainment news click here.