Disney's vault is growing bigger. That could be a loss for independent theaters.
That Burbank-based Disney would tighten access to the Fox movies is not necessarily a surprise. The firm is famously protective of its intellectual property, which it leverages across multiple businesses including television and theme parks. Disney, for example, is known for releasing its classic animated titles such as “Beauty and the Beast” from the famed “Disney vault” for a limited time on home video.
Art houses, independent circuits and other commercial theaters have traditionally screened films such as “Die Hard” and “Home Alone” during the Christmas holidays. For some chains, including Alamo Drafthouse and Landmark Theatres, such screenings represent a significant business, helping to fill seats during the week and odd hours that normally don’t draw huge crowds with current blockbusters. Alamo and Landmark executives declined to comment for this story.
To be sure, Fox was already somewhat more restrictive than other major studios when it came to licensing its classics, exhibitors said.
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