Hunting, etc: Here's Disney terms for Star Wars
Posted by
MDH (aka MDH)
Nov 1 '17, 07:01
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Disney will receive about 65% of ticket-sales revenue from the film, a new benchmark for a Hollywood studio.
Disney is also requiring theaters to show the movie in their largest auditorium for at least four weeks.
If a theater violates any condition of the distribution agreement, Disney can charge it an additional 5%. The charge will be implemented for various violations, including if a theater pulls even one “Star Wars” screening from its schedule or begins marketing the movie before Disney gives the OK, according to theater operators. (never been done before)
The four-week hold in a theater’s largest auditorium, meanwhile, has frustrated distribution executives at rival studios that also have major releases hitting theaters around Christmastime. Soon after the “Last Jedi” opens on Dec. 15, movies such as Sony Pictures Entertainment Inc.’s “Jumanji: Welcome to the Jungle” and Twentieth Century Fox’s “The Greatest Showman” will begin jockeying for screen times. Twentieth Century Fox’s owner, 21st Century Fox Inc., and Wall Street Journal parent News Corp share common ownership.
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