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November 11, 2007
Off The Lot
Thought it was interesting... at least two studios (Fox and Paramount) are moving all guild/Academy screenings off of their lots. This will require an addition of about $25,000 a week to many studio awards screening budgets and will make quality screening rooms a major commodity... even more than normal.
This will also make it an even tougher market for indies, as the studios with money will be chasing screening opportunities - heavy on weeknights and weekend matinees - at The Grove, The Arclight, and the Landmark Pavillion and guild members will start facing, to their dismay, events at the crappier theaters rooms all over town that we all thought were no longer options that anyone would choose.
If the strike lasts into late December, things will get a lot more dramatic, as screens become even more valuable to the exhibitors who own them and the studios who have films in traditional release.
Posted by poland at November 11, 2007 10:27 PM
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