Wednesday, March 29, 2023
Green Reporter
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation
No Result
View All Result
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation
No Result
View All Result
Green Reporter
No Result
View All Result
Home Filmmaking

Bob Bakish Thinks the Paramount+ Theatrical-Window Plan Is More ‘Sustainable’ Than Others

GrR by GrR
July 13, 2021
in Filmmaking
0
Bob Bakish Thinks the Paramount+ Theatrical-Window Plan Is More ‘Sustainable’ Than Others
58
SHARES
250
VIEWS
Share on FacebookShare on Twitter


ViacomCBS President and CEO Bob Bakish said his shortened-theatrical windows plan for new movies is more “sustainable” than others.

Paramount Pictures movies will now have a theatrical window of 45 days, which will be shortened to 30 days for smaller films from the studio, before heading to ViacomCBS’ new SVOD (subscriber video on demand) platform Paramount+. The traditional theatrical window was 90 days, meaning this new approach either halves or cuts by two-thirds the industry’s former longstanding plan.

“I believe that is a sustainable offering. Some of these other film moves that have been made, it’s not clear to me they’re sustainable,” Bakish said on Tuesday. “But this move, it puts the titles in the theaters, so if people want to go and get a big-screen experience, they can do that.”

Also Read: Did Paramount Just Put a Nail in the 90-Day Theatrical Window?

“If you look at the curve, the degradations on most film titles, they do very list business on post-Day 30 and certainly post-Day 45,” Bakish, who was the morning’s keynote speaker at the (virtual) 2021 Morgan Stanley’s Technology, Media and Telecommunications Conference, continued. “So moving to an in-house streaming window at that part we think works, certainly for us, but also for constituents, including consumers.”

The new plan will begin with “A Quiet Place – Part II” and also be in place for “Mission: Impossible 7.” CBS All Access will rebrand — and expand — as Paramount+ on Thursday.

“We believe it’s the right model for the future,” Bakish concluded.

Also Read: Paramount, EPIX Expand TV/Streaming Partnership

As Bakish alluded, Paramount’s key competition is doing things a bit differently. Warner Bros. films in 2021 will launch simultaneously in theaters (where allowed) and on streaming service HBO Max. But that plan is only set in stone for this year, which was always going to be a weird one due to the ongoing coronavirus pandemic.

New Universal films can stream as early as 17 days after they hit theaters, or 31 days if the film earns more than $50 million in its opening weekend, under a new pact with AMC and Cinemark theaters. NBCUniversal’s streaming service, Peacock, launched early on in the pandemic.

Disney has experimented with various different release strategies of its new films amid COVID. It has remained committed to theatrical releases of big tentpoles like Marvel’s “Black Widow,” but also experimented with simultaneous theatrical and streaming (Disney+) releases for films like “Mulan” and next month’s “Raya and the Last Dragon.”



Source link

Previous Post

Protecting forests slows climate change more than mass-planting trees

Next Post

CRO Forum adds biodiversity, mental health and inequality to risk radar – The Insurance Insider

GrR

GrR

Green Reporter is a global source for news of sustainability, green industry, green technology, clear energy, sustainable food production, and green investments. Our aim is to deliver the best news and information to you.

Next Post
CRO Forum adds biodiversity, mental health and inequality to risk radar – The Insurance Insider

CRO Forum adds biodiversity, mental health and inequality to risk radar - The Insurance Insider

  • Trending
  • Comments
  • Latest
Climate change in our backyard: Manitoba begins to grapple with the consequences – Winnipeg

Climate change in our backyard: Manitoba begins to grapple with the consequences – Winnipeg

August 10, 2021
Repsol starts marketing debut sustainability-linked bond sale

Repsol starts marketing debut sustainability-linked bond sale

June 29, 2021
Sustainability Ambitions Soaring at KCI

Sustainability Ambitions Soaring at KCI

December 6, 2021
Chris Pratt explains where the White Spikes originated

Chris Pratt explains where the White Spikes originated

July 3, 2021
Stop burning our rights! What governments and corporations must do to protect humanity from the climate crisis – World

Stop burning our rights! What governments and corporations must do to protect humanity from the climate crisis – World

Biden said to mull dropping corporate tax hike to fund jobs plan

Biden said to mull dropping corporate tax hike to fund jobs plan

Global investors pressure Asian utilities to cut emissions

Global investors pressure Asian utilities to cut emissions

Global inequity could derail path to net zero

Global inequity could derail path to net zero

What’s With A24’s Religious Obsession?

What’s With A24’s Religious Obsession?

August 12, 2022
Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

August 12, 2022
EU ban on Russian coal enters into force

EU ban on Russian coal enters into force

August 12, 2022
Immune system insights and Thai climate calculator: News from the College | Imperial News

Immune system insights and Thai climate calculator: News from the College | Imperial News

August 12, 2022

Recent News

What’s With A24’s Religious Obsession?

What’s With A24’s Religious Obsession?

August 12, 2022
Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

August 12, 2022
EU ban on Russian coal enters into force

EU ban on Russian coal enters into force

August 12, 2022
Immune system insights and Thai climate calculator: News from the College | Imperial News

Immune system insights and Thai climate calculator: News from the College | Imperial News

August 12, 2022

Recent News

What’s With A24’s Religious Obsession?

What’s With A24’s Religious Obsession?

August 12, 2022
Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

August 12, 2022
EU ban on Russian coal enters into force

EU ban on Russian coal enters into force

August 12, 2022

Browse by Category

  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation

Follow Us

  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise

© 2021 Copyright Green Reporter

No Result
View All Result
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation

© 2021 Copyright Green Reporter