AMC Entertainment CEO Adam Aron said there’s room for both cinemas and streamers in the current marketplace and the latter would benefit from wider theatrical release of films.
He made the comments to CNBC after Apple made history last night with Coda’s Best Picture Oscar win.“I’ve been saying for years that the market is big enough for theaters and streamers to coexist.
We’ve been involved with the streamers, especially Apple, Amazon and Netflix, for years trying to convince them to show their movies in our theaters as well as stream them.
If we can convince them accordingly, I think they will even be more successful than they are now, or were last night, and AMC as well,” he said this morning.He indicated theatrical would be fine, noting the supersized success of Spider-Man: No Way Home and touted upcoming Top Gun: Maverick, Jurassic World Dominion and Avatar 2.Apple TV+, which launched in Nov.
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