As Tenet Opens in Cinemas, More Major Films are Being Shelved

Show Notes

In today’s episode, Russ, Daniel, Rebecca, and Shawn discuss California’s safer economy blueprint at 25% capacity in select counties, successful films pre-COVID, international film festivals, and Paramount and Disney’s list of releases pushed back in 2021.

Listen in to find out how Tenet is driving the recovery efforts of exhibitors.  

Subscribe to the Boxoffice Pro Magazine

https://www.boxofficepro.com/subscribe/

What to Listen For

• [00:01:31] Tenet opened internationally with a promising start. 
• [00:02:45] Tom Cruise helped promote Tenet by posting a video of himself watching the film in a theater on social media. 
• [00:04:07] Which movie star can convince you to watch a film.
• [00:06:11] California governor released a safer economy blueprint where in some counties can allow theaters to open at 25% capacity. 
• [00:09:17] 62% more or less of the domestic market is open.
• [00:10:20] Disney is still waiting on reopening plans of major circuits.
• [00:12:18] Can there be a new film that might have a 2nd and 3rd weekend better than its opening week?
• [00:15:09] Paramount mostly vacated their 2020 releases.
• [00:19:21] The Personal History of David Copperfield was released on 1,360 screens over the weekend.
• [00:22:14] In this recovery effort, the word of mouth promotes movie-going experience watching the film and going to the cinemas.  
• [00:23:12] Frank Rodriguez, head of distribution at Searchlight said they are completely committed to theatrical and didn't venture into the PVOD space.
• [00:25:06] Nomad Land which is well received on the critic circuit.
• [00:25:39] Venice and Toronto International Film Festival are actually having physical film festivals in September.
• [00:27:08] What does the festival season look like this year?  
• [00:30:42] What movies have broken through the cultural conversation in 2020?
• [00:31:21] Farewell to Black Panther star Chadwick Boseman.
• [00:33:34] Hamilton and The Host have made some noise in 2020.
• [00:36:43] Bad Boys For Life and Invisible Man were shown pre COVID and grossed well. 
• [00:37:28] Movies now have bigger opportunities to perform after release because there aren't many new films being released.   
• [00:39:16] It's all about the fact that films will have longer screens, gross figures can't be compared.
• [00:42:12] Tenet can screen for weeks. 
• [00:44:31] It makes sense to delay Kingsman's release in February.

What is Boxoffice Podcast?

The Boxoffice Podcast is your #1 resource for news and analysis about movies and the movie business. We'll be your guide through these evolving and sometimes disruptive times. While breaking down film headlines, exploring box office results, and chatting with studio & cinema executives, we'll discuss all aspects of movies and entertainment. By movie lovers for movie lovers!