Direct to DVD
2/22/10 - AMC
Theatres is threatening to boycott Disney's Alice in Wonderland. Why? Because
Disney is planning to shorten the theatrical-to-DVD release window from 17 weeks
to 12 weeks, which would mean that the movie will hit DVD around June 1st. Why
does AMC care, given that none of its theaters are likely to actually keep the
movie for 12 weeks? Well, presumably if people know that a movie is going to be
available for home viewing in just a little while, they're less likely to invest
in a trip to the theater.
This isn't the first time that disputes over revenue sharing have spilled over
and threatened to affect moviegoers. Back in 2001, Regal refused to show Rush
Hour 2 because New Line wouldn't budge on contract terms. The movie opened to
$67 million anyway, and Regal was seen as having blundered. A couple years ago,
British cinemas pulled the plug on Night at the Museum in the middle of its
release when Fox decided to put the movie on DVD just over 12 weeks after
release.
This is ultimately a Prisoner's Dilemma for exhibitors -- they need to present a
united front to have any real chance of hurting a major blockbuster's box office
chances, but are disincentivized from doing so since one major chain's decision
to boycott a movie like Alice is a major boon for the other theater owners, who
will have taken one of their competitors out of the market. For that reason, it
seems unlikely that AMC will be going it alone in this battle. Also,
theatrical-to-home-video windows have been steadily shortening for years, and
theatrical revenues -- despite lots of hysterical yelling about a "slump" --
have remained robust.
As theatrical windows continue to shorten, indie distributors are already
regularly releasing movies day-and-date in theaters and "On Demand" on cable and
satellite. 3D -- which can't yet be effectively replicated at home, though
that's likely just a matter of time -- seems to be becoming mandatory for
tentpole releases.