Hollywood Studios Inflame Theater Owners

Hosted by

Kim and John discuss the controversial plan that four Hollywood studios -- Fox, Warner Bros., Sony and Universal -- announced today to create a premium video-on-demand service for audiences.  The decision will affect the length of time that movies will be exclusively available in theaters and is a direct hit to the movie theater business.  These studios have jointly decided to offer titles on Direct TV and Comcast for a fee of around $30 each a mere 60 days after a movie has been in theaters, 30 days earlier than that same film is available on DVD. This news came out during CinemaCon --  formerly Show West -- the annual convention put on by the National Association of Theater Owners in Las Vegas, where studios and theater owners are usually celebrating their partnership.

Credits

Host:

Kim Masters