海角大神

Steven Soderbergh's release plan, MoviePass program shake up movie business

It鈥檚 been part of American life for decades: Consumers pay to see films and movie studios and movie theaters profit. But that process is being disrupted, and it鈥檚 happening against the backdrop of a tough summer for Hollywood. 

|
Claudette Barius/Fingerprint Releasing/Bleecker Street/AP
Adam Driver (l.) and Channing Tatum in 'Logan Lucky.'

It鈥檚 been part of American life for decades: Consumers pay to see films and movie studios and movie theaters profit. But that process is being disrupted, and it鈥檚 happening against the backdrop of a tough summer for Hollywood.聽

Director Steven Soderbergh recently drew attention because he had sole control (no movie studio was involved) over his August film 鈥淟ogan Lucky.鈥 Mr. Soderbergh raised money to make the film by selling distribution rights outside the United States and then amassed marketing funds by selling post-theater rights to companies like Amazon. The movie, which had a production budget of $29 million, has grossed more than $35 million worldwide. 鈥淚 think there鈥檚 going to be more and more of that,鈥 says Ross Brown, director of Antioch University Santa Barbara鈥檚 master of fine arts in writing and contemporary media program.聽

Then in August, subscription service MoviePass began offering people one movie ticket a day for about $10 a month. Theater chain giant (and former MoviePass partner) AMC is unhappy, saying it will depress ticket prices and further erode studio profits. AMC says it 鈥渋s consulting with its attorneys鈥 to see if it can prevent people from using the passes at its locations.聽

At the same time, Hollywood is facing dismal summer box-office numbers, with the North American summer box-office ranking the lowest since 2006 without adjusting for inflation or looking at increasing ticket costs. (Since then, horror film 鈥淚t鈥 has caused the box-office performance to jump a bit, beating projections in its opening weekend.)

Overall, it鈥檚 bad news for the studios. 鈥淭hey鈥檙e going to have to do a postmortem,鈥 says Mr. Brown. The question, he says, is, Are box-office numbers down because Hollywood made the wrong movies, or because there are so many entertainment options? 鈥淭here are just so many choices 鈥 and good choices 鈥 for how to spend your entertainment time and dollars,鈥 he says. 鈥淸And] that just puts more pressure on the movies.鈥

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
海角大神 was founded in 1908 to lift the standard of journalism and uplift humanity. We aim to 鈥渟peak the truth in love.鈥 Our goal is not to tell you what to think, but to give you the essential knowledge and understanding to come to your own intelligent conclusions. Join us in this mission by subscribing.
QR Code to Steven Soderbergh's release plan, MoviePass program shake up movie business
Read this article in
/The-Culture/Movies/2017/0926/Steven-Soderbergh-s-release-plan-MoviePass-program-shake-up-movie-business
QR Code to Subscription page
Start your subscription today
/subscribe