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AMC's 'Stubs A-List' subscription is a direct attack on MoviePass
That took.... longer than expected: To compete with MoviePass, AMC Theaters will launch a monthly subscription service starting June 26th. With the AMC Stubs A-List program, in exchange for $19.95 per month folks will be able to see three movies of their choosing per week -- even if that means seeing the same movie three times in the same day. According to a press release, this also includes IMAX, Dolby Cinema and 3D features. You can buy tickets day-of or weeks in advance, too, using either the AMC website or mobile app.
Blockbusters will continue to live in theaters as VoD talks stall
If you hate going to the movie theater and were eager to see new movie releases at home (for a hefty price tag), we've got some bad news for you. AMC Theaters was previously in talks for a possible premium video on demand (PVoD) window as early as three weeks after theatrical release. Now, according to Deadline, the CFO of the world's largest theater chain, Craig Ramsey, told investors that PVoD talks have stalled and that there is "no consensus" on the issue.
Theater owners ready to fight over $30, 60-day window VOD movies
While we're not exactly in a hurry to spend $30 each on 60-day delayed movie rentals, theater owners are quite upset by the whole premium video-on-demand plan apparently being pushed by Warner, Sony, Fox and Universal. The most active objector so far appears to be AMC Theaters, which announced yesterday (press release after the break) it would notify studios that it plans to "adapt its economic model" regarding movies bound for p-VOD. What it wants is likely a bigger slice of the revenue and also a heads up on which movies will be getting the earlier releases. Rival theater chains Regal and Cinemark have already expressed plans to cut promotion and screens for movies headed to p-VOD, but without any official announcement it's still not clear which movies those will be. Of course, cutting down promo and screens cuts into the theater's own revenue, so we'll wait to see who blinks first. (Hint: it won't be us -- we wouldn't pay $30 to watch The Adjustment Bureau on Mars, much less in our own living rooms on DirecTV, Vudu or Comcast.)
Sony loading up four theatres with 4K SXRD digital cinema systems
Movie-goers in Dallas, Indianapolis, Riverside, California, and San Diego, you can go ahead and color us officially envious. Your lucky cities will soon host a total of 54 CineAlta SXRD 4K digital cinema systems from Sony, with an unspecified mix of 10,000 lumen SRX-R210 and 18,000 lumen SRX-R220 models planned to shock and wow customers at four AMC locales. The units were unsurprisingly crafted specifically for use in (home?) theaters, and will be paired up with Sony's LMT-100 Media Block servers. Barring any unforeseen disasters, installation should begin next month in the aforementioned areas, and holiday crowds should be enjoying a delightful visual experience before the year's end.[Via TGDaily]
