Showing posts with label VOD. Show all posts
Showing posts with label VOD. Show all posts

Kevin Smith reveals his unique release plans for Red State!

/Film did a better job of collecting the information from his morning radio show than I did, so I'll defer to them:

The innovative, controversial but undeniably successful distribution of Kevin Smith‘s Red State will enter its next phase this Labor Day. On Smith’s morning Smodcast Plus One Per Diem Tuesday, he announced Lionsgate will exclusively handle the video on demand and Blu-ray rights to the film and that audiences can watch it beginning this Labor Day. Then, when the film opens in October, theaters showing the film will follow the screening with a live, digital, interactive Q&A and a live Hollywood Babble-On Smodcast. Read more info after the break.

Smith’s full explanation of the plan is on The Red Statements. He explains why he’s doing this, goes through some of the history and more. Basically, Video on Demand will cost about $10 in September for a few weeks. Then in October, it won’t have a traditional wide release. It’ll play selectively – at whatever theaters agree to Smith’s wild idea – which means screening, satellite digital Q&A then a live podcast that the audience can watch all for about $20.

Here’s Smith with more about the theatrical side (bolding and links are all Smith’s):

Any good business person tries to limit their costs to maximize their profits. If I accompany the film at all public exhibitions, then I can charge what any movie theater would consider a premium, because I’m giving the audience real 3D – me, answering their questions right there in the third dimension – as opposed to that murky bullshit they’re overcharged for this summer. I refuse to buy my opening with millions of dollars when I can accompany the film into the world and return more profits to my investors than fellow Sundance 2011 alumnus Cedar Rapids can return to Searchlight (this is not me slagging on Cedar Rapids – the Fox Searchlight flick that followed us in the Eccles that night at Sundance; like every flick Miguel Arteta directs, Cedar Rapids is worth your time).

Sadly, I’m not Hermione Granger (though my boobs are bigger and I, too, would choose Ron over the troubled Potter kid) and I don’t have a Time Turner, so I can’t be everywhere at once. This means I’m limited in my theatrical release to one city per night… unless we use existing technology to be lotsa places at once.


Like let’s say Red State is showing at your local multiplex. But then right after the movie ends, a live, interactive Q&A with the filmmaker starts, beamed into the theater via satellite. Even if you’re not there in the room, you’re Tweeting questions from your theater and getting responses from the guy on the big screen. And then, after three hours of movie and interactive Q&A? Boom: LIVE PODCAST! That’s four hours of once-in-a-lifetime entertainment for less than $20: a movie, a show, then another show. And y’know how we’ll market it? Via Twitter and my podcasts and in-theater trailers. So it’s not gonna cost us much but time and effort, which makes for lots more profit (the key motivator for all patrons of the business of show).

And here’s what he had to say about the video on demand, which will be handled by Lionsgate:

So starting Labor Day weekend, you can see Red State in your house for like $10. If you gather up ten friends and watch it together, then it’s like a buck a pop. I used to feel like any release that didn’t include TV spots and newspaper ads was somehow a failure, until I remembered that I don’t make the Avatar or Hangover II type of flicks that demand a theatrical experience in the first place. In Red State, I made a hardcore, mid-90’s indie flick: it’s raw, it’s nasty, it’s funny, it’s strange… and it’d be doomed at the box office if it had to run the traditional gauntlet. But once you realize the game is rigged, you can change the game. If you can’t win at rugby, change it into football. Make up your own rules.

As a filmmaker who’s proud of his now-in-profit art, I don’t care how the audience initially sees my flick anymore: if VOD is the easiest way to get my specialized, non-commercial, non-studio flick to them, I’m happy to pipe it directly into their homes and laptops. I’m a grown-up and I accept that I can’t have everything I want in life all at once; sometimes, as my wife has taught me, you’ve gotta settle for the fat guy.

Again, over on The Red Statements Smith expands on both of these points, providing context and explanation as to why they’re doing this, why they can and why he’s proud of it. Plus, he extends the olive branch to major theater chains telling them why they should play Red State. So far this has all worked out and it makes sense to keep pushing the boundaries to see what’s possible. What do you think?

-Joey's Two Cents: He's proven everyone wrong so far, and the quality of the film still remains the same (it's my second favorite flick of 2011 so far), so in Kevin I trust. He knows his audience better than almost any cult filmmaker out there...thoughts?

Source Code will be hitting VOD before DVD...

...potentially changing the current structure for home video releasing. Here's the story from Variety:

Summit Entertainment is the latest distributor to experiment with the video-on-demand window, announcing that "Source Code" will be available on VOD and electronic sell through July 8 -- some 98 days after its April 1 theatrical release but two weeks before the thriller bows on DVD and Blu-ray.

That window isn't part of the $30 60-day premium window that Fox, Sony, Universal and Warner Bros. established this spring with DirecTV. But the mini-major, which was not a part of those deals, is still bucking the traditional VOD model, in which on-demand titles are available at the same time as DVD releases for around $5. "Source Code" earned $110 million worldwide.

There are no specifics yet on pricing; it's up to the cablers, satcasters and e-tailers to set that figure -- not studios. However, since the early "Code" release is considered a test, none of the service providers are expected to raise the price much beyond the current $5 figure.

"Source Code" DVDs and Blu-rays are released widely on July 26, Other studios have a 28 day delay before titles are available via Netflix and Redbox.

Summit said it is using the film's unconventional home entertainment launch to test the demand for viewing a bigger-budgeted film digitally prior to the release of physical discs.

"While we are optimistic about the consumer appetite for this type of home entertainment release pattern, we are only conducting a test in this case and not making an overall policy shift at this time," said Steve Nickerson, prexy, Summit Home Entertainment. "Once the results are in we will analyze the data and see what the consumer has to say."

-Joey's Two Cents: I'm not really much for on demand yet, but I'll be keeping a close eye on this development...thoughts?

23 Directors and Producers speak out on Premium VOD...

...in this open letter below:

AN OPEN LETTER FROM THE CREATIVE COMMUNITY ON PROTECTING THE MOVIE-GOING EXPERIENCE

We are the artists and business professionals who help make the movie business great. We produce and direct movies. We work on the business deals that help get movies made. At the end of the day, we are also simply big movie fans.
Lately, there’s been a lot of talk by leaders at some major studios and cable companies about early-to-the-home “premium video-on-demand.” In this proposed distribution model, new movies can be shown in homes while these same films are still in their theatrical run.

In this scenario, those who own televisions with an HDMI input would be able to order a film through their cable system or an Internet provider as a digital rental. Terms and timing have yet to be made concrete, but there has been talk of windows of 60 days after theatrical release at a price of $30.

Currently, the average theatrical release window is over four months (132 days). The theatrical release window model has worked for years for everyone in the movie business. Current theatrical windows protect the exclusivity of new films showing in state-of-the-art theaters bolstered by the latest in digital projection, digital sound, and stadium seating.

As a crucial part of a business that last year grossed close to $32 billion in worldwide theatrical ticket sales, we in the creative community feel that now is the time for studios and cable companies to acknowledge that a release pattern for premium video-on-demand that invades the current theatrical window could irrevocably harm the financial model of our film industry.

Major studios are struggling to replace the revenue lost by the declining value of DVD transactions. Low-cost rentals and subscriptions are undermining higher priced DVD sales and rentals. But the problem of declining revenue in home video will not be solved by importing into the theatrical window a distribution model that cannibalizes theatrical ticket sales.

Make no mistake: History has shown that price points cannot be maintained in the home video window. What sells for $30-a-viewing today could be blown out for $9.99 within a few years. If wiser heads do not prevail, the cannibalization of theatrical revenue in favor of a faulty, premature home video window could lead to the loss of hundreds of millions of dollars in annual revenue. Some theaters will close. The competition for those screens that remain will become that much more intense, foreclosing all but the most commercial movies from theatrical release. Specialty films whose success depends on platform releases that slowly build in awareness would be severely threatened under this new model. Careers that are built on the risks that can be taken with lower budget films may never have the chance to blossom under this cut-throat new model.

Further, releasing a pristine, digital copy of new movies early to the home will only increase the piracy problem—not solve it.

As leaders in the creative community, we ask for a seat at the table. We want to hear the studios’ plans for how this new distribution model will affect the future of the industry that we love.

And until that happens, we ask that our studio partners do not rashly undermine the current – and successful – system of releasing films in a sequential distribution window that encourages movie lovers to see films in the optimum, and most profitable, exhibition arena: the movie theaters of America.

We encourage our colleagues in the creative community to join with us by calling or emailing NATO at 202-962-0054 or nato@natodc.com.

Sincerely,

Michael Bay
Kathryn Bigelow
James Cameron
Guillermo del Toro
Roland Emmerich
Antoine Fuqua
Todd Garner
Lawrence Gordon
Stephen Gyllenhaal
Gale Anne Hurd
Peter Jackson
Karyn Kusama
Jon Landau
Shawn Levy
Michael Mann
Bill Mechanic
Jamie Patricof
Todd Phillips
Brett Ratner
Robert Rodriguez
Adam Shankman
Gore Verbinski
Robert Zemeckis

-Joey's Two Cents: I sort of split the difference, since I value the theatrical experience above all else but see the benefit in this type of On Demand service for getting exposure to smaller films...thoughts?