![]() However, distributing films to a readily available audience through streaming platforms is not as simple as it looks. released Wonder Woman 1984 in theaters and on HBO Max on the same day, and Mulan debuted exclusively on Disney+, skipping the theatrical release. So far, Universal is the only major studio to strike such a deal with movie theaters, as Warner Bros. Altogether, Regal, AMC, and Cinemark represent over 50% of the U.S. Related: Christopher Nolan Is Wrong About Hollywood's Tenet ReactionĪccording to Variety, Regal Cinemas is close to settling on a similar agreement with Universal. ![]() So, following the deals with AMC and Cinemark, it is only a matter of time before many other theaters, especially the large ones, would strike similar deals. After all, over 60% of theaters in the country are closed. Such a compromise allows movie theaters to retain box office numbers while also allowing the studio to entertain the larger viewer base staying at home due to COVID-19. ![]() After 17 days of a physical release in these theaters, Universal’s films can then proceed with a digital on-demand release, likely with large streaming platforms like Netflix or Hulu. AMC and Cinemark have recently closed deals with Universal to shorten the studio’s releases' theatrical window. ![]()
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