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‘Antebellum’: Lionsgate Film Boss Joe Drake On PVOD Outlook: “Economics Look Strong,” But Theaters Still Key

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Dade Hayes Finance EditorLionsgate film chief Joe Drake said the decision to skip theaters and make horror movie Antebellum a premium video-on-demand release does not mean theaters are fading from the scene.“I would love to see every one of our movies released theatrically,” the motion picture group chairman said during Lionsgate’s quarterly earnings call with Wall Street analysts.

Antebellum, which stars Janelle Monae and comes from the producers of Jordan Peele’s Get Out and Us, has a timely storyline but dwindling options given theater closures during COVID-19.

It had already been pushed back four months and then pulled from the release calendar. Priced at $19.99, Drake said the hope is that the film can play through the holidays and.

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