Vue cinema seeks limits on new release windows
Vue Entertainment, one of the UK’s biggest cinema chains, is in talks to allow Hollywood studios to shorten the release window for a limited number of films each year. Vue wants both major and independent to sign up to mid- to long-term agreements of more than three years, during which time each studio will only be able to shorten the theatrical window on one or two films a year.
In exchange, Vue will want to secure a larger than usual share of box office takings for shorter-release films. Studios keep on average 45 per cent of box office takings, although a surefire hit can earn its producer up to 60 per cent of ticket sales.
In the US cinema owners are also in dispute with the Hollywood studios over a plan for a premium video-on-demand service that would allow new releases into living rooms within weeks of their debuts.