IMAX CEO is opening up about how important the theatrical window is and how she thinks some streaming services are realizing it now. “The debate is over,” Richard Gelfond said in an interview with Yahoo Finance Live. “The argument that you can skip a theatrical window and make up for it on streaming just isn’t true.
The theatrical window is more essential than ever to get the streaming revenue.” Gelfond’s comments come as Disney’s earnings fell short despite a surge in Disney+ subscribers.
The IMAX CEO referenced the success of Top Gun: Maverick over the summer breaking records and becoming Paramount’s biggest worldwide grosser. “So that $1.5 billion not only didn’t distract from the streaming revenue — it added to it,” Gelfond said and added, “almost every streamer has now said they recognize the need for theatrical release.”
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.