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Zack Stentz sums it up correctly (for now) i think: there's no real way for a streaming-only strategy to replace theatrical revenue streams

Posted by: pickle rick! (a.k.a mickpix) on Oct 27, 08:33 in response to notfabio's post MGM is paying around $1 million a month in interest on...

at least for studios that only want to make 5-10 tentpole releases a year (in a non-COVID impacted exhibition world, obvs)

https://twitter.com/MuseZack/status/1320183541372604416?s=20

 

THR: Apple offered $350-400M range for JB25. MGM hoping for $650-800M. Antibody Oct 27, 08:13

MGM is paying around $1 million a month in interest on loans to produce No Time To Die, Barbara Broccoli ended the talks. {nm} notfabio Oct 27, 08:17

Zack Stentz sums it up correctly (for now) i think: there's no real way for a streaming-only strategy to replace theatrical revenue streams pickle rick! Oct 27, 08:33





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