Tuesday, May 08, 2007
Comcast seeks same-day movie releases as theaters
LAS VEGAS (Reuters) - Comcast Corp., the biggest U.S. cable operator, has held talks with Hollywood studios to show movies on cable on the same day as they open in theaters, the company said on Monday as rivals also outlined plans for more premium content on television.
Comcast Chief Operating Officer Stephen Burke told a trade show that subscribers could be charged $30 to $50 to watch an opening-day movie at home, narrowing the "window" between big screen and small screen debuts to nothing.
Theater owners have staunchly resisted any effort to cut the time between theatrical and DVD releases for fear that attendance would drop, while movie companies which get most of their profit from DVDs want a narrower window that would bring earnings forward and reduce the need for a second advertising campaign when a film is ready for home viewing.
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Posted by MITCH TV at 6:51 PM