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This topic comprises 2 pages: 1 2
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Author
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Topic: Taking over a Theater options
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Mike Blakesley
Film God
Posts: 12767
From: Forsyth, Montana
Registered: Jun 99
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posted 01-20-2014 06:33 PM
quote: Terry Lynn-Stevens Mike has one of the best set-ups I have ever seen, a movie comes in for one week and then it is out
It has its advantages for sure, and also its disadvantages. We just have a different tool set than the big boys. The biggest disadvantage is, we often have to miss out on some big titles because we just don't have the time/space for everything we'd like to play. (Well I could go into how we don't get any promotional help and that kind of thing, but that's another thread.)
However this: quote: Terry Lynn-Stevens You are going to make more money if you are booking off release.
....is not true in most cases. In the case of a heavily promoted movie, it will do up to twice the business in those first couple of weeks as it would if we waited until three or four weeks in. Part of this is because we are relatively close to Billings (which has 24 first-run screens). In Christopher's case he is apparently more isolated than we are, BUT I guarantee that the movie fans in his town are just as excited about the brand new movies as the fans in the cities are. Excitement equals ticket sales. But there are plenty of small towns around where the fans are just used to waiting a few weeks for their movies to show up, so if that works, then great.
Another thing to consider is the sliding aggregate. That means a movie costs the same percentage in Week 6 as it does in Week 1. Disney, Warners and Paramount are all doing this now. So if I *know* I'm going to play a particular film, I'd rather take a chance on one dead week out of 3, and make a ton of money in weeks 1 and 2...providing there isn't something better to play during that time frame, of course.
quote: Terry Lynn-Stevens Booking Lone Survivor in the 2nd or 3rd week is better than taking a gamble on Jack Ryan with a new release.
You can almost never book something in the 2nd week, and often not in the 3rd either. If you don't take it on the break you're usually "out" until week 4, because all the "prints" are on screens and they can't be bothered to make more "prints." (Don't get me started on the stupidity of that, but that's the way it is.) And if a movie blows up and becomes an unexpected hit, you might be stuck waiting for a "print" until week 7 or 8.
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