STUDIOS RAMP UP DVD PREMIERE MOVIE PRODUCTION
DVD EXCLUSIVE and VIDEO BUSINESS editor-in-chief SCOTT HETTRICK comments on the exploding DVD premiere movie business on CNBC’s new nightly business news program (7 p.m. ET / 4 p.m. PT on CNBC tonight, Monday, Oct. 3).
Scott is a friend and my boss on The 2005 DVD Exclusives Awards. People listen to him regarding DVD and its role in the marketplace. If you want to know more about the business of DVD then watch this guy. He will give you information that you can use to further your career - who's doing what, where the market is heading, and what this means for the consumer.
You may now resume your filthy activities on the net...
********* addendum *************
If you watched the show, then you know the score. With the average theatrical film costing $64M and only half the revenue coming from theatrical screenings and the rest from DVD, Cable, etc... finally the truth comes out. Something I've known for years, but people didn't believe me...
Theatrical film distribution is DVD's bitch.
4 comments:
"Theatrical film distribution is DVD's bitch."
LOL, I love how you hide your true message inside the sentence, subliminal really. ;-)
Bill, have you ever heard anything about Fox getting into D2DVD? They seem to be about the only studio that doesn't get it.
Just read this on the IMDB (http://www.imdb.com/news/sb/2005-10-04/):
Who Needs Theaters, Anyway?
The major movie studios are stepping up their production of movies intended to go directly to the home video market, Home Media Retailing reported Monday. Universal Studios Home Entertainment president Craig Kornblau told the publication, "We have a $24 billion business that consumers absolutely love ... and yet there is very little content made only for this business." Many of the new features being produced for DVD release are being described as "franchises" -- essentially sequels to successful films. Last week, Universal launched "Universal DVD Originals" with Carlito's Way: Rise to Power, a sequel to 1993's Carlito's Way. On Dec. 27, the studio will release the DVD sequel American Pie: Band Camp, starring Eugene Levy. Sony plans to release Single White Female 2: The Psycho on Oct. 25 and 8MM2 on Nov. 22. New Line is planning sequels to 1994's 8 Seconds and last year's The Butterfly Effect. And Paramount Home Entertainment President Meagan Burrows told the publication that the studio is "in the process of developing a new [DVD] comedy label."
Fox is deep into D2DVD. I can't go into specifics right now, but trust me they are.
One thing I can say is that they are doing BEHIND ENEMY LINES 2 right now in Bulgaria.
Post a Comment