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