Boxoffice Podcast

In today’s episode, Rebecca, Daniel, and Shawn talk to Tori Baker, Salt Lake Film Society (SLFS) President and CEO. They discuss the @homeArts initiative, maintaining audience loyalty to local art houses, the importance of reinforcing theatrical behavior, and what state virtual screening is currently at.

Tune in and listen to the long-term potential of virtual screening!

Subscribe to the Boxoffice Pro Magazine
https://www.boxofficepro.com/subscribe/

What to Listen For

[00:01:20] Tenet is at a 35% drop from last week with a little over $25 million worldwide.
[00:03:00] Tenet successfully opened in Japan at 50% theater capacity, less than a million in Mexico with 88% seating capacity.
[00:04:57] The current number one movie only made under $5 million domestically.
[00:06:22] Drive-ins' domestic market share for Tenet.
[00:08:18] New Mutants showed some staying power, down just 22% from last weekend.
[00:10:43] The Salt lake Film Society launched SLFS@Home program.
[00:11:55] Where does virtual theatrical go?
[00:13:11] Immediate Accelerator studio: reinforcing theatrical.
[00:16:51] Launching was delayed because tests were being done, booking power of the technology was also increased.
[00:20:08] With virtual theatrical, theaters should maintain their brand and audience.
[00:21:00] Audiences are loyal to the independent and art house local to their community.
[00:22:31] The importance of reinforcing theatrical behaviors.
[00:25:01] People will donate above and beyond if you're the home of a certain cause they support.
[00:27:15] The underserved audiences can enjoy these virtual screens.
[00:32:33] The exclusivity of appointment viewing.
[00:36:38] The power of cinemas in local communities.

The Karo Film Group is a leading motion picture exhibition company owning and operating 31 modern movie theatres comprising of 197 screens in Moscow, the Moscow region, St. Petersburg, Nizhniy Novgorod, Samara, Kazan, Kaliningrad and Surgut and serves nearly 12 million visitors per year.

In today’s episode, Rebecca and Daniel sit down with Olga Zinyakova, President of Karo Films and Paul Heth, Karo’s Executive Chairman & CEO. They talk about the introduction of modern style cinemas in Russia, smart programming films to drive viewership, Karo's plans for 2021, and Cineworld's temporary closure.

Listen to how the film industry is booming in Russia!

What to Listen For

• [00:00:44] No Time to Die release date delayed
• [00:01:55] Cineworld to temporarily suspend operations beginning October 8th
• [00:04:57] Other exhibitors might announce temporary closure too
• [00:07:25] One movie isn't enough to bring people back in cinemas
• [00:09:41] Visit boxofficepro.com for the latest update
• [00:10:07] The Russian market in the exhibition industry
• [00:11:37:] Paul Heth: How he revived the Russian film industry
• [00:15:21] The partnership with Ikea
• [00:18:49] Update on Russian cinema status after reopening
• [00:21:45] What happened right after the Russsion market reopened?
• [00:26:23] Smart programming of films drive more viewership
• [00:28:48] The KARO Black Premium offers
• [00:31:00] KARO Art: bringing first-time filmmakers festival products
• [00:32:55] Many city cinemas have poor movie-going experience
• [00:37:43] The effect of movie schedule changes in the Russian market
• [00:42:03] Disney booked dates for their products until 2028

In today’s episode, Russ, Daniel, and Shawn discuss Tenet’s opening week in local theaters, controversy surrounding Disney’s Mulan, and why new wide releases are important to the industry’s recovery efforts.

Tune in to see how Tenet’s release is impacting the industry!

Subscribe to the Boxoffice Pro Magazine

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

What to Listen For

• [00:01:09] How was your movie going experience?
• [00:01:39] Casinos are operating at reduced capacity in New York, no regular basic timeframe for cinemas to reopen.
• [00:02:20] Tenet is nearing a $115 million benchmark after two weekends in the global box office.
• [00:06:23] The directing style and artistry of Christopher Nolan.
• [00:07:43] Mulan released on Disney Plus.
• [00:09:10] Tenet might become a blueprint for Wonder Woman and many other movies in the future.
• [00:12:08] Tenet can't play in drive-ins where indoor theaters aren't open.
• [00:13:58] Nolan's films do well with adults about 25 years old and older.
• [00:15:13] The impact of COVID-19 to the entertainment and media industry.
• [00:17:28] The controversy surrounding Mulan and its lead star.
• [00:20:30] Mulan will open on China and Russia, Tenet is nearing its third weekend globally.
• [00:21:35] One more new wide release in the US market to further help the industry recover.
• [00:23:05] Communicating to audiences that theaters are already opening remains a challenge.
• [00:24:20] The future of theaters isn't dependent on how Tenet performs.
• [00:25:40] Lesser promotional ads for new movies play a big part in the effectiveness of word-of-mouth and audience outreach.

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.

In today’s episode, Russ, Shawn, and Rebecca discuss Tenet’s gross on its second weekend, list of major films to open in November and December, and counterprogramming that can potentially reel in more people into theaters.

Listen in for updates on what film to watch in theaters nearest you!

Subscribe to the Boxoffice Pro Magazine

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

What to Listen For

• [00:01:11] Tenet dropped to $6 million on the second weekend, from a little over $9 million the previous week.
• [00:04:30] Tenet's real gross income with US and Canada openings combined.
• [00:06:06] Studios and exhibitors are still too dependent on detailed release figures.
• [00:08:29] Wonder Woman 1984 release date has been pushed in December.
• [00:09:53] List of movies set to come out in late September and towards the end of the fourth quarter.
• [00:14:21] Black Widow's delayed release will affect the release of future Marvel movies.
• [00:16:04] Freaky and Connected movies might help bring some people back in theaters.
• [00:18:37] Contenders are lining up in time for the festival and award season.
• [00:19:27] New film releases are more of a symbolic solidarity with exhibition types of releases.
• [00:22:21] We will need more than just one movie to pull everybody back to theaters.
• [00:24:30] What horror films to expect in October?
• [00:25:15] Other interesting films that have huge potential to bring people in theaters before 2020 ends.
• [00:26:55] Mulan reaches $23 million gross in China.
• [00:29:02] Free Guy and The Croods: New Age will open in December.
• [00:31:28] What movies are you eager to see in the theaters?
• [00:33:55] Tenet has grossed over $200 million globally.