MOVIE THEATERS – THEY WERE FUN WHILE THEY LASTED: Netflix Reportedly Wants to Keep Movies in Theaters for Just 17 Days After It Buys Warner Bros.
In a report from Deadline on the Stranger Thing Season 5 finale, which made $25 million in theaters after it released at the same time theatrically as it did on Netflix, Hollywood was said to be worried about what the streamer considers to be “industry-standard windows” before movies are made available on its platform.
And then the bombshell:
Sources have told Deadline that Netflix have been proponents of a 17-day window which would steamroll the theatrical business, while circuits such as AMC believe the line needs to be held around 45 days.
It’s worth noting this isn’t confirmation that Netflix will settle on a 17-day window for Warner Bros. movies if and when its deal is approved. The theater companies may end up negotiating a lengthy window, perhaps somewhere between 45 days and the 17 days Netflix reportedly is a fan of. But what’s clear is that there will be a great deal of tension within Hollywood as this is all worked out, with Netflix’s priority — as you’d expect — bolstering streaming.
Earlier: The Year Hollywood Died.