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Saturday, May 21, 2016

Cinemas Breathe A Sigh Of Relief

A jury has found that Cinemark was not liable in the 2012 shooting at its theater in Aurora, CO. where 12 people were killed and over 70 wounded when James Holmes opened fire in a crowded auditorium.

Attorneys for 28 of the victims filed a civil lawsuit claiming that Cinemark should have done more to protect its patrons, including: having armed guards, better camera surveillance, and alarms on the exit doors.  Cinemark's lawyers argued that the attack was completely "unpredictable, unforeseen, unpreventable, and unstoppable".

Cinema where shootings took place
Had the lawsuit prevailed, Cinemark, which is the third largest theater chain in the U.S., would have been required, not only to pay damages to the plaintiffs, but to add more and heightened security measures to its cinemas - which would have prompted more security at cinemas across the country.

The six jurors took less than a day to reach their unanimous, not guilty, verdict. However, another lawsuit, on the same issue, this one in Federal court, will begin in July.

Certainly, the odds of being killed in a mass shooting are low.  In 2015 there were 325 people killed in mass shootings in the U.S. this compares, say to, the 450 deaths that were attributed to getting in and out of bathtubs last year.  The odds are very small that you would be killed in a mass shooting, it's about one in 10 million, but nonetheless mass shootings have a profound, and over-reactive, impact on the populace.

For now, cinemas can breathe a sigh of relief, at least until the outcome of the Federal lawsuit - where the emotional issue of gun control will surely surface. James Holmes, the shooter, is in prison serving a 3,000 year-life sentence but building a defense for a retrial based on mental illness issues.

Best,
Jim



Thursday, May 19, 2016

The 'REMAKE' : Hollywood's Best New Idea

Always searching for new content, the Hollywood studios have grabbed-on to a new concept: turning documentary movies into full-length feature films.

Warner Bros. and Roberts to make film based on 'Batkid' docu
It started with 'Batkid Begins', a docu about a 5-year old boy who asked the Make-A-Wish Foundation to be Batman for a day.  The 'Batkid' documentary screened in 14 auditoriums for one showing and grossed $75,000, not great, but nonetheless caught the eye of Warner Bros. and Julia Roberts who are now making a movie about this story.

Documentary-to-feature deals are catching-on big in Hollywood and popular ones, like 'Making a Murderer' and 'The Jinx' are being turned (the industry word is 'remake') into feature films. What's good about this scheme is that the docus come with a built-in awareness and doing a remake jump-starts the entire film writing and development process.

Remake rights vary but are typically in the low six figures - which is cheap (by industry standards) for good source material and a bit of a windfall for docu owners - as in the U.S. facts contained in documentaries are considered part of the public domain, meaning producers aren't legally obligated to pay for the remake rights to create a feature version based upon the same events.  However, the studios, by paying the small sum for the remake rights, get access to the documentary's director, narrative, subjects, and footage that didn't make the final cut - essentially the hardest parts of crafting a story.

Eagle Huntress
CMG has talked about the current trend of making movies that straddle the multiplex and arthouse and this scheme fits perfectly into that notion. Other popular documentaries in remake include: 'Best of Enemies' (the William Buckley vs. Gore Vidal debates), and 'The Eagle Huntress' a Fox remake about a Mongolian teenager who hunts with a pet eagle.

The documentary remake is a win-win all around: for the documentary maker, the studio, and the moviegoer. Look for more and more remake screenings at your local cinema.


Thailand: Getting In On The Action

From 007 to 'The Hangover' films
Last week, Thailand became the latest country to introduce a financial incentive program for movie and TV show production.  To begin next year, the Thai government will offer a minimum of 15% cash rebate for production costs that exceed $1.5 million - with the rebate increasing to 20% if Thai cast and crews are hired and the movie is deemed good for promoting Thailand tourism.

Announced at the Cannes Film Festival by Thai officials, the rebate program is to promote Thailand as the production hub of Southeast Asia - as it already has studios, post-production facilities, and experienced production crews. There is currently an on-going battle for movie and TV show production between Singapore, Indonesia, and Malaysia which prompted the Thai rebate program.

Thailand has a large and very profitable tourist industry and is fully aware that movie production will drive tourism numbers. Several years ago, the Thai government created the Thailand International Destination Film Festival, its goal - to attract short-documentary film-makers to create films which highlight Thailand's natural beauty and tourist attractions.

A 20% rebate on production costs is very significant, especially when coupled with Thailand's already, in-place film production facilities, trained crews, scenic beauty, and big city shoot locations. All this makes Thailand a great movie production destination.

Tuesday, May 17, 2016

Movie Apps

There are on-line apps for almost anything - and that includes movies. Lets forget about the movie and TV streaming apps, of which there are many, most of which are free, but compete against cinemas for eyeballs and we don't like that.

Listed below are several good movie apps.  Those that provide information and make it easier for consumers to choose which movies to view at their local cinema, discuss them after viewing, and some which provide very peculiar but vital information.

- iTunes Movie Trailers - Free. Trailers, film reviews, etc.

- RunPee - Free. List of movies w/run times, reviews, etc. Also the best time to go to the restroom          mid-movie so not too much is missed. Hey, there are no pause buttons at cinemas.

- Movie Quest - $. Movie reviews, cast and crew info, trailers, etc. OK app but all of the info on this      site is available for free on others.

- Film Study - Free.  For film enthusiasts. Commenting on films, discussion groups, etc. App that         delves into the movie.

- Flixster - Free. Trailers, reviews, showtimes, release dates, etc.

- MovieWatch - $. Allows you to search for similar movies to those you like and that are currently         playing. Many trailers and reviews don't provide enough info, MovieWatch does.

- TodoMovies - Free. Manage movies you have seen or are going to view. Make custom lists with          posters, scene indicators, cast profiles, etc. Very good free app for the movie buff.

- Movie Quiz - Free. Movie trivia game - Try it.






Mario & Luigi To Hit The Big Screen

The much beloved plumbers from the now three decade old 'Mario Brothers' video game are going to Hollywood.  Nintendo, which is struggling to keep up with changes in the gaming industry, and has yet to develop a strategy for mobile gaming - is hurting financially. So, it's no big surprise that the game-maker wants to move into the movie business - Mario and Luigi may be the answer.  To obtain the required funding for a foray into the movie business Nintendo intends to sell its stake in the Seattle Mariners baseball team, worth a reported $1.4 billion.

A feature film based upon the very popular Super Mario gaming franchise is, at least, two to three year out, but Nintendo has already started the process.  It plans to take the lead on production of the animated features and has no plans on licensing-out its characters. "The desire to develop new sources of income from our globally-recognized characters is a dominant part of our on-going business strategy", said Tatsumi Kimishima, Nintendo's President.

Nintendo's financial performance has been dismal for some time. Revenues have declined over the last seven straight years as sales of the Wii gaming console and 3DS hand-held player have plunged. Recently, Nintendo inked a deal with Comcast/Universal Studio's theme parks to create attractions based on its gaming characters - movies being the next logical step.

In 1993 a live-action movie entitled, 'Super Mario Brothers' hit the silver screen and was a flop. Other efforts to transition from games to movies have failed as well, the best known is Microsoft's efforts to bring the extremely successful 'Halo' game franchise to cinemas. However, the Mario Brothers are very well known by adults (who grew up with them) and children, alike.

CMG believes animated films are the way forward for Nintendo. Moviegoers crave animated films and given the popularity of the Mario Brothers it should be a sure bet.  'The Angry Birds Movie', based upon a hugely popular smartphone game, is currently in release and killing it at the box-office.

Best
Jim

Sunday, May 15, 2016

Favorite Superhero: Where Do You Live?

A recent survey by Ranker (the folks that ranks almost everything) discovered that various States have favorite Superheroes.  For example, 'Iron Man' is very popular in Alaska, Idaho, and Pennsylvania. Why? Who knows. But if you are a cinema exhibitor this may be very valuable information. Knowing the biases of your patrons should influence what is screened and how often - perhaps even re-booking a favorite or series of favorite Superhero films.

'Spider Man' took the overall 'most popular' hero title.  The voting was opened to all Superheroes and not just those depicted in movies.  Here's the list:

Alabama: Wolverine                                     Montana: Captain America
Alaska: Iron Man                                          Nebraska: Doctor Strange
Arizona: Wolverine                                       Nevada: Punisher
Arkansas: Hulk                                              New Hampshire: Hulk  
California: Spider-Man                                  New Jersey: Spider-Man
Colorado: Gambit                                          New Mexico: Wolverine
Connecticut: Spider-Man                               New York: Captain America
Delaware: Spider-Man                                   North Carolina: Hulk
Florida: Deadpool                                          North Dakota: Spider-Man
Georgia: Thor                                                 Ohio: Captain America
Hawaii: Spider-Man                                       Oklahoma: Spider-Man
Idaho: Iron Man                                              Oregon: Wolverine
Illinois: Wolverine                                          Pennsylvania: Iron Man
Indiana: Iron Man                                           Rhode Island: Captain America
Iowa: Wolverine                                             South Carolina: Thor
Kansas: Captain America                               South Dakota: Deadpool
Kentucky: Spider-Man                                   Tennessee: Colossus
Louisiana: Spider-Man                                   Texas: Spider-Man
Maine: Deadpool                                            Utah: Deadpool
Maryland: Wolverine                                      Vermont: Hulk
Massachusetts: Spider-Man                            Virginia: Captain America
Michigan: Captain America                            Washington: Spider-Man
Minnesota: Spider-Man                                   West Virginia: Wolverine
Mississippi: Wolverine                                    Wisconsin: Hulk
Missouri: Deadpool                                         Wyoming: Wolverine

Nevada likes the 'Punisher' and Deadpool made a few best liked, once again, proving that we are definitely not a homogeneous lot. Conspicuously absent from the best-liked list were Superman and Batman.

Thursday, May 12, 2016

What's UP At The Movies by Seymour Flix

The Mouse Quits Gaming
The Fun at Infinity Ended Last Week


Disney canned its in-house video game business, Infinity, this week and announced its complete withdrawal from the video gaming business.  In doing so, Disney will take a one-time hit to earnings of $147 million.

Launched three years ago to compete with the big video gaming manufacturers, Infinity had released just three games since its conception.  Although the Infinity games won high marks from critics sales were dismal.

An official statement released by Disney stated, "We have modified our approach to console gaming and will transition exclusively to a licensing model.  This shift means we will cease development and production of Disney Infinity products."  

Infinity's closing demonstrates how very competitive the entertainment business has become and how very hard it is to draw in consumers to new products and content even for the most established and successful of  media/mass entertainment companies.

Cinema's Competition Never Ending


It seems like each week a new scheme pops-up to replace the cinema experience.  Someone with 'a formula' decides they have the answer to what and how consumers will ingest movie entertainment.

The latest is an on-line streaming service called FilmStruck, which was conceived and will be brought to market by the Turner Channel and TCM networks.  FilmStruck will offer its subscribers access to the vast TCM  movie archive. Problem: FilmStruck is only for die-hard, old movie buffs which have been viewing these oldies for years on the TCM network.

Only a few weeks before, the scheme was the day-and-date at-home movie distributor 'Screening Room' which was hot news but quickly fell from grace.  Distribution outlets for movies are never-ending and vary only in their complexity and stupidity. Several others that have come to my attention include:

-  Using film festival rejects as fodder for at-home VOD.  The scheme works like this. Films that are at the end of their festival life and did not obtain a theatrical distribution deal are 'sold' to streaming video companies for VOD. Problem is, movies that don't make the theatrical cut, are mostly 'crappy movies' or movies festival goers didn't like. So why would consumers want to pay-to-view these movies at home?

- Another scheme aims at using museums and other event spaces to 'sell' movies, bypassing cinema distribution all together. This scheme offers a very limited distribution model and is really only suited for PG-rated documentaries or nature films.  Again, not a viable or sustainable scheme.

Over the next five years movie exhibition will be much the same as it is today, with cinemas living from studio blockbuster-to-blockbuster. But there will be pressure on cinemas to upgrade their presentation experience. Schemes to over-thrown the in-cinema experience will continue and only by delivering a superior presentation, coupled with value-added concession, will the cinema survive.

Best,
Seymour Flix





Wednesday, May 11, 2016

A 'Giant' Biopic

A 'Real' Giant Of A Story
Andre' with co-actors in "Princess Bride'


Any boy who grew-up in the 80's/90's knew who Andre' The Giant was. He was literally larger than life and towered over his wrestling opponents as the undisputed champ in the World Wrestling Federation.

Born Andre' Roussimoff in a small French village, he was 7ft. 4in. tall, weighed over 500 lbs., and was known as 'The Giant' throughout the world. A bio-pic on his extraordinary life is now in the works and is sure to be a crowd please.

Although everyone knows that professional wrestling is all show, it nonetheless, takes physical skill and ability. Large, but agile and fast in the ring, Andre' was literally unbeatable.  In addition, Andre' was an actor and appeared in films and many TV shows, including the cult-classic 'The Princess Bride'.  He also appeared in 'Conan The Destroyer', 'Micki and Maude', and TV classics like 'The Six Million Dollar Man', 'The Fall Guy', and 'Zorro'.

The new film will be based upon the biography published last year entitled, 'Andre' The Giant: Closer To Heaven'.  After years at holding the WWF Championship Title, Andre' relinquished (with his approval) the belt to Hulk Hogan. Hogan said, "There was no way anyone could beat Andre' in the ring, unless he wanted to be beat. And that included the match where I became champ."
Andre' with fellow wrestlers

Over his career, Andre' became one of the most beloved figures in sports.  There are many personal antidotes about Andre.  He was a big drinker and would consume 100 bottles of beer at one sitting. He was also known to be very generous and gave money to many charities. In one incident, recounted by Arnold Schwarzenegger, when he tried to pay for a dinner he found himself being carried by Andre' out of the restaurant and placed on the roof of his car. According to Billy Crystal, Andre' was the inspiration for his 1998 film 'My Giant'.

Andre', died of heart failure in 1993 in Paris. The new biopic should be a must see, especially if, like me, you grew-up with Andre' and for those who didn't he is still known from his iconic film roles.

Monday, May 09, 2016

'R'-Rated Animation: The New Blockbuster

'Sausage Party' poised for big box-office
We all know that younger moviegoers (and their parents) love pixels.  Animated films have always performed very well at the box-office globally and they are becoming more prevalent.

The trick, thus far, has been for film-makers to draw in adult audiences (sans children) by cleverly inserting adult humor and situation within 'PG'-rated films. And while these 'inside' jokes go over a tot's head the adult gets the meaning.

Now, the family-friendly-fun animated film is poised for a redo and launch into the strictly adult-friendly-fun category. Hollywood believes there is a big market for animated adult movies and so, we'll be seeing a lot more animation carrying the 'R' rating going forward.

A perfect example, is 'Sausage Party' (U.S. release of August 12th) which can only be described as a 'hard R' and meant to be.  With in-you-face adult humor and a whole lot of double entendre this is mainstream adult fare.  Due to great pre-release press, a huge favorable debut at the SXSW film fest, and a slew of YouTube downloads, 'Sausage Party' is set to be a box-office bruiser.


Aimed strictly at adults, computer-generated flix are going to be some of the best grossers in the future.  The studios are very aware of this genre's draw and will be pushing it hard. A film entitled, 'The Happytime Murders' will combine Jim Henson puppets with live actions and is expected to receive an 'R' rating.  Another, 'The Adventures of Drunky' is in the works, and as the name suggests is about the exploits of a sot.

There is a wave of adult animated features coming and they are about to hit the big-screen in a big way.  

Saturday, May 07, 2016

It's Family-Friendly-Fun Time



This summer, superhero movies will not be fighting other superhero or interstellar alien films but the sedate family-friendly-fun movies.  Yes, this summer will intro at least 10 'triple F' films that are geared toward children and adults.

Starting with 'Ratchet & Clank' and 'The Angry Birds' to 'Finding Dory' and 'The BFG', the summer is packed with animated and animated/real character combo movies.

Make no mistake, these movies will have very good box-office grosses and many will have long play-date legs.  Two examples will be 'The Secret Life of Pets' and 'Ice Age: Collision Course'.

So, movie exhibitors should not fret that the superhero, high-impact action films are getting a bit tedious, as their replacements can hold their own and offer an even wider demographic pull.




Wednesday, May 04, 2016

What's UP At The Movies by Seymour Flix

The Old is New Again


It's  called GlobalGate and its purpose is to foster international box-office revenues by re-booting old movies.

Led by Lions Gate Entertainment and eight other small, independent movie studios the goal is to compete against Hollywood blockbusters by joining forces to remake each other's most successful films for the growing overseas markets.

Late year the international box-office totaled $27.2 billion, a 21% increase. The domestic box-office totaled $11.1 billion, a 9% increase but slowing.  So, for all studios, the big growth is overseas.

Based in Los Angeles, participating distributors in GlobalGate will share completed movies, screenplays, and other old movie materials with each other directly and on-line. Participants can then choose projects to remake in their countries, with adapted versions of the scripts and new casts and crew. The scheme is that by drawing from a larger pool of source material, they'll be able to produce movies with higher box-office attendance.

The major studios are making more and more big-budget films with global audience appeal but they are also producing local-language movies for foreign countries which will never have an American release. Most of these are re-boots of U.S. box-office hits.  GlobalGate is a way for the smaller studios to get in on the foreign market action.

GlobalGate plans on producing 30 're-make' movies over the next three years with budgets in the $2 - 12 million range. "It would be too expensive for us without GlobalGate  co-producing these re-makes" says Partick Vandenbosch, CEO of Belgian's Belga Films.

Many of the foreign producers are interested in remaking comedies, as humor can be tweaked to appeal to audiences in different cultures. "Drama is the same, but comedy is different in very country" said Fernando Perez Gavilan, CEO of Mexican distributor VideoCine

As of today, GlobalGate has participants in France, Germany, South Korea, and Japan.  China, the big nut, has yet to be cracked. Negotiations are on-going in Russia, Brazil, Argentina, and even Vietnam.

It's All About The 'Experience'


Your cinema must be the most convivial of entertainment-related venues in the community. Running shows each day and making sure they are performance-time-convenient for your patrons.  For example, it is a proven fact that a very good market exists for early screenings, particularly with older patrons and it is a myth that older moviegoers don't buy concession (you just need to price the early shows and snacks aggressively).

Business doesn't come easy, it takes a lot of hard work, good marketing, and a firm hold on overheads. For all cinemas, big or small, city or rural, it's all about the experience - atmosphere and presentation.  From lobby and concession stand, to on-screen image and sound.

Serving the 'under-served'.  The retiree/senior have both time and money so cater to them. Early shows and discounted admission and concession.  They will come out for good value.

Projection Tips


- When ingesting content, always remember to close down any other programs on your server. This will greatly improve the content-transfer time.

- When switching between HDMI and DCP formats remember to select the correct format before trying to playback.  If you don't, you'll get "security handshake failure", and won't be able to playback the DCP  if you equipment is searching for content on the HDMI format.

- Whenever a custom graphic is needed for a holding slide, remember that most digital projectors will accept a static graphic as a test-pattern, and that this allows you to upload a custom graphic and then to recall it whenever needed.  In fact, this creates the opportunity to show local ads but without all the heavy processing-power needed to convert it to a DCP to playback off your server.

- Remember not to use the same play-line template year-in and year-out as you will forget how to set up a play-line.

-Lastly, always reboot the whole system first, before panicking and reaching for the phone!

Tips courtesy of James Tremayne and Jim Wright.


Best
Seymour


Tuesday, May 03, 2016

SLOW CINEMA - Have We All Gone MAD!

'Slow Cinema' is a movie genre which is been around for several years and practiced by a number of European filmmakers. 

'Slow Cinema' is just what it implies - everything is slowed down and drawn out - but, to me, in a bad way.  According to its devotees, it is cinema that must be still and inactive, challenging mainstream cinema's reliance on motion and action.

Now, I get fidgety when I view a movie that is anywhere near 3 hours long let alone the time-span of slow cinema movie.

The worst (or best if you really like this stuff and have no life) is a movie entitled, 'Ambiance' by Swedish director Anders Weberg.  According to Anders, 'Ambiance' is "an abstract, nonlinear narrative summary of the artist's time spent with the moving image.  A protest against the re-creation of old, classic films".  I'm not quite sure of what Weberg means by that statement but I think he's saying he doesn't like movies. 

To give you some perspective on Slow Cinema, Ambiance's' first trailer was 72 minutes long, a second trailer, just released, is 439 minutes long, and the final trailer (to be released in 2018) will be 72 hours in length! 'Ambiance', scheduled for release in December 2020, will be a mind-blowing 720 hours long! No, I'm not joking, this movie is 30 days long!

This takes binge viewing to a whole new level. As you can imagine Slow Cinema is a lot, lot, lot about nothing. True reality of nothingness. Can a few, anything for fame, cameramen (I refuse to call them film-makers) call this a genre - worthy of people's attention. Is this entertainment? Where does the funding for this nonsense come from? Anyway if you happen to see 'Ambiance' on your local cinema's marquee and have a month's worth of time to waste - go for it. Just remember to bring a sleeping bag and a ton (literally) of snack food.

Just saying,
Jim



Friday, April 29, 2016

DreamWorks: A No-Brainer For Comcast

Comcast, the giant cable TV and internet provider, as well as, owner of the NBC networks and Universal Studios is in the market for more Hollywood properties and DreamWorks Animation fits into their strategy.  There is no room for Comcast to grow on the cable/internet business but on the entertainment side things are quite different.

Valued at $3 billion, DreamWorks Animation's price would be pocket change for Comcast which had revenues of $18.8 billion for the first quarter. What it provides Comcast is a way to enhance Universal's theme parks with already made family-friendly products, like: Shrek, Kung Fu Panda, and Madagascar and provides competition to Disney. Universal has poured billions into its theme parks/resorts but they need more ownership of franchiseable character-driven entertainment.

The benefit to Comcast would be immediate.  Additionally, DreamWorks Animation is currently building an animation studio in Shanghai, called Oriental DreamWorks which would provide Comcast a easy path into the Chinese movie market. The deal also gives Comcast a multi-year deal to produce television shows for Netflix (currently a rival to Comcast's cable business).

At $3 billion DreamWorks isn't cheap. Currently its stock shares trade at 25 times earnings but it provides Comcast with the children and family content that has proven to be very valuable in today's fragmented video viewing market.

CGM thinks that Comcast will put a bid in for DreamWorks Animation and that regulatory approval for the purchase will be granted - it will not be a repeat of the $45 billion failed takeover bid by Comcast of Time-Warner.

Best
Jim

Tuesday, April 26, 2016

'TYPE 5' - 2016 Summer Films

In the world of stand-up comedy, when up-and-comers beg for just 5 minutes of stage time to deliver their best jokes - they ask the club owner for a "Type 5".  That seems to be the case for this summer's roster of movies - just give them some of your time and they'll give it their best.

Now, as far as the Hollywood studios are concerned, summer starts in May and ends in August. For this year, there will be approximately 195 summer releases - starting in May with 65 films, the release schedule gets shorter with each succeeding month. There are 50 releases scheduled for June, 46 for July and 34 for August.

May appears to be a really good month for product and there are a number of 'big' releases: 'Captain America: Civil War', 'I Am Wrath', 'Money Monster', 'Neighbors 2: Sorority Rushing', 'Alice Through The Looking Glass', and 'X-Men:Apocalypse'. 

June follows with a movie for everyman: comedies, horror, drama, super-hero, documentaries, and any other genre you can think of, - from 'Mutant Turtles' to 'Warcraft' and an 'Independence Day' sequel.

July has still a shorter release schedule but one packed with solid 'sure-thing' grossers like: 'The Secret Life of Pets', 'Star Trek Beyond', 'Ice Age: Collision Course'. 'Jason Bourne', 'Bad Moms', and the long-awaited 'Ghostbusters' sequel.

August comes in with several films with good potential: 'Sausage Party', 'Ben-Hur', and 'Kubo and the Two Strings'.

My summer 'sleeper' picks include: 'Keanu', 'Finding Dory', 'Pete's Dragon', and 'Nine Lives'.

So, all and all, summer 2016 appears solid - not a huge box office crusher but a steady earner with lots of choices. It's a 'Type 5' - just give it a chance and you won't be disappointed (hopefully).

Best
Jim


Monday, April 25, 2016

Viacom's Salvation: The Sale of Paramount Pictures

Paramount Pictures hasn't been doing that good of late, but as a major studio it still has a lot of value.  Viacom, Paramount's owner, however is in deep trouble.  Plagued by the ill-health of its founder, Sumner Redstone, and the on-going legal battles over management succession, poor financial results, and a general malaise in its programming for children and teens through its MTV and Nickelodeon operations, Viacom is floundering and its only way out may be the sale of its crown jewel - Paramount Pictures.


Last week, Viacom's management announced that it would be amiable to offers for a stake in Paramount or its out-right sale. Paramount, the once proud studio with a history of iconic films which range from 'The Godfather' trilogy to 'The Transformers' films, experienced a 46% drop in operating income in 2015 to a level of only $111 million - reiterating a downward trend in Paramount's performance over the last five years.



Possible bidders for Paramount include Amazon, which wants to enhance its original content offerings on its streaming operation - Amazon Prime.  Also in play are two Chinese conglomerates: e-commerce giant Alibaba and entertainment biggie Dailan Wanda (which recently purchased mini-studio Legendary Entertainment, as well as, the AMC movie theatre chain).




Viacom's management team, led by CEO Philippe Dauman says, and analysts agree, that Paramount is worth about $4 billion.  But, that might not be enough to get Viacom back to a sound financial footing - with a current debt load of $6 billion.


The best bet for Viacom would be the out-right sale of Paramount, as well as, its BET and international TV networks for a combined $8 billion and then forming a new company comprised of its remaining assets: MTV, Nickelodeon, and Comedy Central.




Viacom's share price fell 45% last year and the blood-letting continues.  I think we will see a change in ownership of Paramount in the very near future - and it will be for the betterment of the movie industry to have a strong and vibrant Paramount.

Sunday, April 17, 2016

Nice Try, But No Cigar, George

As a follow-up to a CMG post entitled, 'Hollywood Cage-Match'  which discussed how H'wood's movers-and-shakers were lining-up in support of either Hillary Clinton or Bernie Sanders in a bitter battle for the Democratic Party nomination, it appears that the George Cloonie's fund-raisers (there were two at different locations) for Hillary on Saturday were heavily protested by Bernie supporters.

In response, today George (no doubt coached by Hillary's staff) condemned "the system" for the "obscene amounts of money needed to run for election".  Come now George, we all know that trying to deflect the blame for the $350,000 per plate 'dinner with Hillary' on the election system is bogus. And it is bogus for two good reasons:

First, Bernie Sanders is running his election campaign on small donations, averaging only $17 per donation.  Second, like Trump, who is funding his own campaign, Hillary  (who has a net worth of somewhere in the $350-400 million range) could be funding her own campaign as well.  So, there is no need to have fund raisers hosted by Hollywood honchos that provide Hillary PACS with hundreds of thousands of dollars.  It is nothing more than rich folk forking-over, what to them is small change, for a chance to get access to the White House should Hillary get elected President - and Hillary is all too eager to accepted those terms. She has done it with Wall Street and Hollywood alike.

So, George, nice try buddy, but no cigar on this one - we're just not that gullible.

Poor Bernie, I almost feel sorry for him and his Bullies as the odds against him with Hillary and her Hooligans with the aid of Hollywood honchos are too much for him to overcome.

Just saying,
Jim

CinemaCon - Anything You Should Know

I attended CinemaCon this past week and can report that the only significant news was that Avatar will have FOUR sequels and not three as originally planned. Other than that, the gathered film makers/distributors and exhibitors united in a resounding NO to the upstart, first-run, in-home movie streaming service 'Screening Room' - which CMG  predicted was DOA when announced last month.
Avatar: Four sequels are planned

On the equipment front, there was a cadre of seating manufacturers totting their wares. I guess they believe very cinema in the world, that hasn't been constructed in the last year, needs to retrofit their seating with big, highly padded, recliners (that is some cases, gyrate, twist, shoot air or water in your face, and spew scents) and, of course, come with a hefty price tag.  It's the current theme of less but bigger and better seating gets more folks into cinemas.  To me, that is a lame and misguided strategy as the static cinema admissions numbers attest to.

On the projection and sound side, laser projection is being pushed - WHY?  Who needs it? It offers really nothing over xenon projection. It appears to be the projector manufacturers' ploy of getting exhibitors to spend money on new, but un-needed technology now that virtually all exhibs. have converted to xenon-based digital projectors.

Sound is another story. I am very big on the new Dolby Atmos sound system and its ability to be phased-in and enhanced as each exhibitor's needs and budget warrants.  Sound makes up one-half the sensory experience offered to moviegoers at their local cinemas - and the one-half that can be enhanced with the greatest bang-for-the-buck.

Now, back to Avatar. Are four sequels necessary? Hmmm, James Cameron thinks so - and how can one argue with the highest grossing film producer of all time.  No doubt, the Avatar franchise films will offer the very best that the cinema sensory experience has to offer. As Cameron stated in his presentation at CinemaCon "my films are made for and must be viewed at a cinema, on a large screen with immersive sound." Now, that's the strategy that sells tickets!

Just saying,
Jim

Saturday, April 16, 2016

In Cinema Texting - Yes, No, Maybe?

Texting in cinemas - not so good.
On Monday, AMC Theatres, the second largest (soon to be largest with the acquisition of Carmike Cinemas) cinema circuit in the U.S. announced that it was going to allow - no, foster - the use of texting in its auditoriums.  The scheme was to allow moviegoers to attend 'text-friendly' movie screenings.

On Friday, AMC management did an about-face and completely rescinded the entire scheme.  The original thought was that by allowing texting, Millennials would be enticed to attend more movies. That scheme was a complete and utter miscalculation that had AMC's CEO, Adam Aron running for the tall grass. "We heard loud and clear from moviegoers that texting was unacceptable to them and they do not want it" stated Aron.  The feedback on permitting texting was almost instantaneous and went viral. Social network announcements and tweets bombarded AMC with a resounding 'NO' to the texting idea.

In their official statement, AMC stated, "There will be NO TEXTING ALLOWED in any of the auditoriums at AMC Theatres. Not today, not tomorrow and not in the foreseeable future." 
Aron back-peddling on texting

It's clear that AMC is being managed by finance guys with little finesse in understanding moviegoers' needs. Going to the movies is all about having an enjoyable and sensory entertainment experience - that's it!  Cell phone use should not be permitted in a cinema once the feature presentation starts. Pre-show is all about product and service commercials, most of which you've already seen on either TV or during another movie you viewed weeks earlier - so texting is ok, my me, during pre-show.

Millennials, like all other moviegoers, don't want people texting while they are viewing a movie. AMC completely misjudged younger viewers by throwing them into an all-inclusive category where pre-conceived notions and biases exist.

Best
Jim

Friday, April 15, 2016

How To Fill Cinema Seats

It's called a Cinetransformer and it is used to test market films by studios across the U.S. and in other countries.

Cinema admissions are static. The record-breaking box-office of last year was due solely to increased ticket pricing.  Steady-state tickets sales are due to a combination of many so-so movies being released, coupled with internet streaming options for consumers. In answer, the studios are trying to discover new ways to get moviegoers back into cinemas and with more frequency.

Both Warner Bros. and Fox Pictures are using mobile marketing (the Cinetransformer) to find out exactly what people want when they go to the cinema.

The Cinetransformer is a 53 foot long expandable trailer that converts into a complete mobile cinema, providing the perfect venue to hold cinema attendance experiments and find out what marketing techniques work best when promoting a film.

Marketing a movie today requires the very smart use of both traditional marketing tools, such as posters, TV ads, in-cinema movie trailers, etc., and on-line social media outlets. It's the social media platforms that are becoming the more important marketing tool as news of a film's quality (or lack thereof) spreads like wild-fire over the internet.
CineTransformer ready to screen movie

Inside view
Using the Cinetransformer, a pre-release movie is screened several times a day to a variety of audiences.  The Cinetransformer can screen a movie in 2D, 3D, or 4D format and then query viewers on the good and bad features of the film. The goal being two-fold: instant feedback from the audiences and the added benefit of audiences ready and willing to 'promote' the film via their Facebook, Twitter, or other social outlet. If the film receives overall bad reviews the studio may cancel its release, or go back and change what the test audiences stated they didn't like about the movie.

The Cinetransformer has been used in the U.S., Mexico, and Brazil, and has, thus far, worked out very well for the studios. The impact of social media platforms in promoting a movie can not be over-stated. It is surpassing traditional marketing techniques and might very well become the preferred platform for marketing movies in the future.

Best
Jim

Tuesday, April 12, 2016

Hollywood Cage-match

Its Bernie's Bullies vs. Hillary's Hooligans in a slug-fest for Hollywood dollar-donors. The H'wood glitterati are lining-up in support of either Sanders or Clinton for the Democratic Presidential nomination and the heat is on.
Clooney - caught in the middle

For example, George Clooney and his wife are hosting a Clinton fund raiser this week at the home of Shervin Pishevar, co- founder of Uber, where 1,500 Bernie Bullies are expected to show up to protest the gala.  Also invited to the party are a number of Silicon Valley biggies. Tickets for the party start at $33,000 and go up to $350.000 for a seat at the Clooney/Clinton table.

Sanders' supporters are adamant in their disdain for the ridiculous amounts of wealth that this type of fund raiser and its attendees represent.  The Bullies will be gathering with banners and pots and pans for noise making and are expected to block limos and do their utmost to disrupt the festivities. "Let the people gather and march to protest this event and to show Clinton and her supporters that we don't accept her kind of corruption", the Protest invitation read, "This corruption-fest is not just undemocratic, it is immoral and obscene!"  Sanders however has his own H'wood backers, which include: Danny DeVito, Susan Sarandon, Will Farrell, Seth McFarland, Spike Lee, to name several - and they give big as well.

It's Bernie's Bullies vs. Hillary's Hooligans
So, it's not just the Republicans that are at each others throats, but the Dems as well, and Hollywood's hoi polloi are in the thick of it.  The Lala-land folks normally rally around one candidate or issue but this year is different as Sanders' Marxist message has gotten wide support from liberal-mined celebs. The regular donors that can be counted on to back, say Clinton, are torn between a far-lefter and a left-of-center candidate. This Presidential race has Hollywood and Silicon Valley fat-cats in a real cage-match with the bullies and hooligans protesting each other's candidate with visceral, and often, violent actions.

CMG too, is awed by this whole Presidential free-for-all.  It's not only pitting the left against the right but the right against the right and the left against the left - what more could you ask for. All the best to our Elephant and Donkey friends as they continue waging their election battles.

Sunday, April 10, 2016

What's UP At The Movies - by Seymour Flix

Batman v. Superman: The End of the Superhero Era


'Batman v. Superman: Dawn of Justice' just might be the dawn of the ending of the superhero pic.  Out of the chute this movie had a $166 million opening but went into free-fall after that. It appears that there is no way Warner Bros. will reach their predicted $1 billion world-wide gross. Batman v. Superman was a bust, as critics and early moviegoers panned it and word spread instantly over social networks.

Baring its flaws, does this film's lackluster box office performance portend the future?  Have moviegoers had enough of the superhero sequel? Are the major studios too reliant on the comic book character franchise?

Warner Bros. has bet the farm on DC Comic character-driven sequels and has green-lit only a handful of original titles.  Certainly the studios have a fetish with franchise films but it could be a bad strategy going forward. Now, at least 25 years in, the superhero fad may be coming to an end. Moviegoers may be tiring of the repeated action scenes and long-in-the-tooth characters in unrealistic story-lines.

To their credit, all of the major studios milked the superhero genre to death, but it may now be oversold and a new product strategy to source revenue may be dawning.  Many more superhero movies are set to be released over the next few years and many more are currently on the production slate - but all of this could backfire as audiences demand fresher characters, better stories, and newer on-screen faces.

I believe we may be seeing the beginning of the end of the superhero blockbuster. Audiences are yearning for  original sci-fi and high-impact action films - the studios need to reassess.


Jungle Book: 'Too Scary For Kids' ?

From original 1967 movie
The MPAA gave the long-awaited remake of 'The Jungle Book' a PG rating. However, the live/animated movie has some critics saying that it is too scary for young children, specially if viewed in the 3D version.

The jungle and animals (who all speak) are very 'life-like' and although virtually every film critic has given the movie 5 stars there is an element of suspense and drama which could be seen as frightening to some children.

According to the MPAA the movie contains "scary action and peril" but it did not reach the level where the more strict PG-12 rating was warranted.
New movie - a bit scary for young children?

I, if at all possible, will be viewing the movie at a Dolby Atmos sound equipped cinema. 3D is OK but I prefer great sound over 3D effect. The 'Jungle Book' is the story of an orphan boy (Mowgli) that is raised in the jungle with the help of a pack of wolves, a bear, and a black panther.

'The Jungle Book' will be a big box-office success bringing in all age groups.  The effects are terrific as is the animation and includes a star-studded cast.

Hollywood Needs To Fatten-up

Lawrence
Calling on the Hollywood studios to embrace a "new normal" for female body types, Jennifer Lawrence says that Hollywood fosters too skinny women in films and that "normal" women are seen as being overweight.

"I think we have gotten so used to underweight that when you are normal weight, it's like: "Oh, my God, she's curvy". Which is crazy. The bare minimum would be to up the ante.  At least so I don't feel like the fattest one." 

The 25 years-old actor says that normal is what women are - they are not skinny and shapeless. Says Lawrence, "A movie star's reality is absolutely fabulous, but it is not the reality of most women in America.  That's what I'm talking about."

Just saying, 
Seymour

Wednesday, April 06, 2016

The 'F' Rated Movie

As one would expect, women are more often seen in movies nude than men.  If fact, women are 3 times more likely to be seen nude or partially nude in movies. It's not surprising to see more female nudism in movies - both women and men view the female body as more sexy and attractive.  For example, no one is interested in men walking the red carpet.
Have Movie Ratings Gone To Far

In a recent study entitled 'The Status of Women in Films' it was reported that 26% of female characters in U.S. films appear nude or partially nude, but only 12% of movies feature females in lead roles. Movies continue to lag TV in incorporating gender equality.  In movies, 30% of speaking characters were female, while on TV the figure is 43%.  These figures seem reasonable but the issue is: would having more females in lead roles bring in the same or higher grosses.

Regarding race, 74% of characters, in both movies and TV, are played by white actors, 15% by black actors (which is appropriate given the black population is about 14%), but only 4% played by Latino and Asian actors which make up 20% and 8% of the greater population and are under-represented in both movies and TV shows.

The 'A' and 'F' Rating

It is true that female actors have a very different status in movies than their male counterparts. Female actors do earn less than male actors, and normally, have much shorter careers.

To correct the gender issue, some in the cinema industry have put forth the notion of initiating a new movie rating - the 'F', for films made by or with major roles for women. I'm unsure if this would have any positive marketing value. Would moviegoers choose to view a movie with an 'F' rating over one that doesn't?  The 'F' rating has been used at a few European film festivals with mixed results and in Sweden an 'A' rating has been added to confuse even more. The 'A' rating is for movies that contain at least two women who talk to each other about something other than a man. I'm not making this up!

Do these ratings mean anything to moviegoers?  You tell me. Is this the way for the cinema to move forward?  Does the cinema even need to be equal in all ways?  The cinema is a reflection of what moviegoers want to view.  Hollywood mostly copies what is 'hot'. Right now, it's the high-impact, action, super-hero films that generate big numbers at the box-office; therefore, all of the studios follow suit.  An 'F', 'A' or other 'quality' type movie rating is not value-added to the film itself.  As a result, the studios and most exhibitors see no need for quality ratings other than to confuse and, worse still, annoy moviegoers -  and this can't be a good thing.

Just saying,
Jim





Saturday, April 02, 2016

Fox Eliminates Practice of Exhibitors' 'Clearances'

As the U.S. Department of Justice continues to investigate the legality of clearance booking by major cinema chains and studios, 20th Century Fox announced yesterday that it would no longer grant requests from large cinema circuits for exclusive screening rights to certain movies, ie. clearances.

Fox notified theater owners that they would no longer entertain requests for 'clearances', which allows theaters to show a movie exclusively in markets where a competitor is located nearby.  Fox told exhibitors that the policy change would go into effect with the release of  'X-Men:Apocalypse' to be released on May 27th.

CMG has previously reported on this issue and has been following the actions of the Justice Department's Antitrust Division investigation (which is on-going) into the practice of clearances. On Fox's move to eliminate the practice the Justice Department declined CMG's request for comment.

The Clearance Culprits
In addition to the Justice Department's investigation, several small exhibitors have sued larger chains over the practice saying they are being denied certain movies which greatly impairs their operations' profitability. iPIC Cinemas. a small, upscale cinema circuit, is suing AMC Entertainment, and Regal Cinemas (the two largest U.S. theater chains) over the practice. "The concepts of clearances are antiquated and don't apply to modern day society" Hamid Hashemi, CEO of iPic told CMG.  AMC and Regal have, in the past, opted not to screen movies in markets where their clearance requests were denied, putting pressure on the studios to honor their requests.

In its new policy, Fox runs the risk that the biggest theater chains will decide not to screen the studio's movies in some markets. But, Chris Aronson, Fox's President of domestic distribution told CMG, "That's their prerogative. It's hard to have revenue if you don't have product. We question whether they would really forego playing the big titles."

Fox's new policy could lead to a moment of reckoning on the issue. If other studios follow suit it will spell the end to the long held booking practice of allowing exclusive clearance for screening films.

CMG agrees with Fox, the practice of clearances is anti-competitive and theaters should be viewed as equals in screening films. Let moviegoers decide which theater they want to patronize and may the best theaters win.