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zwackerm
Hold the door!
Joined: Sun Jun 01, 2014 10:26 pm Posts: 20345 Location: Where they shot Knock at the Cabin
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Why are studios abandoning the 90 day window?
How is it more profitable to shorten the theatrical window? Surely studios would make more profit keeping films off streaming platforms longer. Seems like the post Covid norm will be a 45 day window. Hoping they increase back to 90 days someday soon. It is gonna make box office tracking not nearly as fun.
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Thu Jun 03, 2021 5:50 pm |
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Jack Sparrow
KJ's Leading Idiot
Joined: Thu Dec 31, 2009 8:15 pm Posts: 36923
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Re: Why are studios abandoning the 90 day window?
Streaming if sold enough makes a lot more money for studios specially when they own the service. BO Tracking would surely no longer be as fun but I can see a place where movies open bigger than usual once movie-going habits evolve and the overall atmosphere go back to normal.
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Thu Jun 03, 2021 10:08 pm |
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O
Extraordinary
Joined: Sun Jul 10, 2005 1:53 pm Posts: 11517
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Re: Why are studios abandoning the 90 day window?
Basic economics.
Middleman for distribution -> Have to share revenue with theaters, Imax, 3D partners, etc. = More revenue
Marketing costs -> The Avengers Endgame marketing budget was $200M. At lot easier marketing for movies when you own the streaming platform (DisneyPlus). Shorter theatrical runs also reduce costs over a longer theatrical period. = Reduced costs
Piracy -> Shorter windows allow them to capture more revenue earlier. = More revenue
Those are what I expect are the big reasons. All $...
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Thu Jun 03, 2021 10:21 pm |
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zwackerm
Hold the door!
Joined: Sun Jun 01, 2014 10:26 pm Posts: 20345 Location: Where they shot Knock at the Cabin
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Re: Why are studios abandoning the 90 day window?
Cuz I would think that regardless of how long the theatrical window was, like wouldn’t the same people that want to purchase or stream the movie do so? And if not and they make more by releasing to streaming earlier, why do they bother with the theatrical model at all?
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Thu Jun 03, 2021 11:50 pm |
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O
Extraordinary
Joined: Sun Jul 10, 2005 1:53 pm Posts: 11517
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Re: Why are studios abandoning the 90 day window?
zwackerm wrote: Cuz I would think that regardless of how long the theatrical window was, like wouldn’t the same people that want to purchase or stream the movie do so? And if not and they make more by releasing to streaming earlier, why do they bother with the theatrical model at all? Likely correct but much of the moviegoing audience still wants to see movies in theaters when things get back to normal. I think the bigger driver is that talent (producers, directors, actors, etc.) have a lot of their compensation linked to theatrical releases, which also have prestige, buzz, red carpet, sponsorship opps, etc. One of the biggest things Hollywood lawyers are involved in now are re-negotiating contract terms related to theatrical (back end deals) and streaming revenue. "Standard compensation packages for big stars are often tied to the box office performance of the films they star in. Any change to a movie’s availability and theatrical windowing may have a ripple effect on ticket sales." See this for more https://observer.com/2021/05/a-quiet-place-2-john-krasinski-emily-blunt-salary-paramount/.
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Fri Jun 04, 2021 12:33 am |
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Flava'd vs The World
The Kramer
Joined: Sat Oct 23, 2004 11:36 am Posts: 23778 Location: Classified
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Re: Why are studios abandoning the 90 day window?
The $20 rental has changed everything unfortunately. It is going to let studios double dip and save money on advertising.
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Sat Jun 05, 2021 1:43 am |
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lilmac
Veteran
Joined: Wed May 25, 2005 12:07 am Posts: 3129
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Re: Why are studios abandoning the 90 day window?
Jack Sparrow wrote: Streaming if sold enough makes a lot more money for studios specially when they own the service. BO Tracking would surely no longer be as fun but I can see a place where movies open bigger than usual once movie-going habits evolve and the overall atmosphere go back to normal. The NA boxoffice might start resembling China's boxoffice performance for Hollywood films, with way more frontloading and huge dropoffs as the rest of the target audience awaits the streaming debuts.
_________________ I believe in God as I believe that the sun has risen: not only because I see it, but because by it I see everything else.
I was blind, but now I see.
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Sun Jun 06, 2021 3:10 am |
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Jack Sparrow
KJ's Leading Idiot
Joined: Thu Dec 31, 2009 8:15 pm Posts: 36923
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Re: Why are studios abandoning the 90 day window?
Indeed. $1b opening here we come
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Sun Jun 06, 2021 3:26 am |
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lilmac
Veteran
Joined: Wed May 25, 2005 12:07 am Posts: 3129
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Re: Why are studios abandoning the 90 day window?
Lol. Perhaps not at that scale. Not with 1/4th the population. :-)
_________________ I believe in God as I believe that the sun has risen: not only because I see it, but because by it I see everything else.
I was blind, but now I see.
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Sun Jun 06, 2021 6:27 am |
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Jack Sparrow
KJ's Leading Idiot
Joined: Thu Dec 31, 2009 8:15 pm Posts: 36923
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Re: Why are studios abandoning the 90 day window?
lilmac wrote: Lol. Perhaps not at that scale. Not with 1/4th the population. :-) Well people will love a movie so much that they will watch that movie 4 times over weekend
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Sun Jun 06, 2021 8:24 am |
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MadGez
Dont Mess with the Gez
Joined: Sun Oct 24, 2004 9:54 am Posts: 22680 Location: Melbourne Australia
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Re: Why are studios abandoning the 90 day window?
O wrote: Basic economics.
Middleman for distribution -> Have to share revenue with theaters, Imax, 3D partners, etc. = More revenue
Marketing costs -> The Avengers Endgame marketing budget was $200M. At lot easier marketing for movies when you own the streaming platform (DisneyPlus). Shorter theatrical runs also reduce costs over a longer theatrical period. = Reduced costs
Piracy -> Shorter windows allow them to capture more revenue earlier. = More revenue
Those are what I expect are the big reasons. All $... Yes it's all about the money Furthermore, studios make most (% vs. what theatres get) of their money early in a film's run. The latter weeks provide a larger slice of a smaller pie to theatres. It's all about the first 2-3 weeks for them.
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Sun Jun 06, 2021 9:10 pm |
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lilmac
Veteran
Joined: Wed May 25, 2005 12:07 am Posts: 3129
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Re: Why are studios abandoning the 90 day window?
I wish we had more visibility into the streaming services' financial models, especially whether a major film available to stream does indeed boosts subscriptions. Of course there's value in retention and you need good product to retain customers. I saw somewhere that one of the reasons Netflix pays top dollar for feature films is that they want people's mindset to change from automatically equating major films with the movie theater to viewing Netflix as a go-to for feature films.
_________________ I believe in God as I believe that the sun has risen: not only because I see it, but because by it I see everything else.
I was blind, but now I see.
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Fri Jun 11, 2021 2:42 am |
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Jack Sparrow
KJ's Leading Idiot
Joined: Thu Dec 31, 2009 8:15 pm Posts: 36923
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Re: Why are studios abandoning the 90 day window?
It would be great if we can get/track streaming numbers, that would be fun but unfortunately sparse numbers for top movies is all we can hope for at this point.
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Fri Jun 11, 2021 7:30 am |
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