Craig Ramsey, CFO of AMC Entertainment, addressed hot topics including the exhibitor’s flagging stock price and its outlook on the 2020 film slate, streaming and windows in an appearance at Citibank’s TMT West Conference
was the third-highest total ever recorded last year, but revenue slipped 4%. Many investors fear the rising influence of streaming, even though AMC and its large-circuit peers continue to refuse to play streaming titles in shorter theatrical windows.WarnerMedia Execs Talk HBO Max's "Swipey" Interface, Distribution Plan, State Of HBO - CES
“Over the years, there have been a lot of threats to our window, our theatrical window,” which now ranges from 70 to 80 days for most major releases, Ramsey said. “We think the evidence suggests that moviegoers are streamers and moviegoers are streamers … and at some point, they’re going to want to leave home” and visit a theater.model to accommodate release patterns that combine streaming and theatrical, Ramsey reasoned.
While windows have been cut nearly in half over the past decade or two as electronic sell-through and other revenue opportunities have arisen, Ramsey said another halving of the window is extremely unlikely. “It has to be a package deal. It has to make sense,” he said. “We have to be compensated.
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