Movies

Paramount shows the way for digital distribution

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/movie-images/2014/01/21/AAH%20Paramount.jpg?itok=rGAsbGNE

MUMBAI: Being one of the oldest and largest Hollywood distribution studios, which has relied on 35-millimeter film to capture motion pictures, has taken a huge step for the industry. Paramount Pictures has become the first big studio to stop releasing its major movies on film in the US.

The studio's Oscar-nominated film The Wolf of Wall Street is its first movie in wide release to be distributed entirely in digital format. The studio also notified theater owners that Will Ferrell’s comedy Anchorman 2: The Legend Continues, which opened in December, was the last movie released on 35-mm film, reports revealed.

The decision is likely to encourage other studios to take a leap of faith and follow suit, pushing for a complete phase-out of film in a year or two. Closer home, we already have movies releasing on the digital format and this historic move will only fuel more distribution studios to think of migrating to the digital format seriously.

The major factor for film studios to still remain hesitant of going completely digital is the factor of missing out on revenues and box-office collections from theatres which are still not equipped to show digital movies and are still on film. Internationally, Paramount is still expected to ship film prints to Latin America and other foreign markets where most theaters still show movies on film.

So how will Paramount benefit from this move? Well here are a few facts to ponder over: Studios prefer digital distribution because it is much cheaper. Eventually, these movies could be beamed into cinemas by satellite, saving even more on production and shipping costs. Digital technology also enables theaters to screen higher-priced 3-D films and makes it easier for them to book and program entertainment.

But then what about the theatre owners, they are at a risk of going out of business if they can no longer obtain film prints of movies.

 

The future is certainly looking bleak for distribution of movies on film to continue...

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/16/judw2.jpg?itok=MoOLOx7y
Pre-Diwali period sees some flops

The pre-Diwali period saw a few flops. Judwaa2 saved the situation to some extent for the exhibition section providing relief with a considerable number of footfalls for a couple of weeks. Besides this, Newton was in news, a small film which got some favourable box office but more media hype as it...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/16/PVR.jpg?itok=aBQphPBl
PVR sub-brand in tier-III towns on anvil, engages fans with interactive card

NEW DELHI: Rs 21.8-billion multiplex chain PVR, which is aiming to touch 1000 screens by 2020 having crossed 600 recently, is likely to form another brand to tap tier-III towns. PVR sources confirmed to indiantelevision.com that the aim was to cater to every price category, and extend its reach to...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/16/Maiden_0.jpg?itok=p_6D8yMg
Maiden Indian film fest in Poland honours Koirala, Mittra

NEW DELHI: Wave Cinemas' CEO Rahul Mitra and actress Manisha Koirala were honoured with special awards at the first-ever Indian Film Festival in Poland (Warsaw). They also took part in the grand red carpet event at the iconic 'Kinoteka' theatre in the heart of Warsaw. A special audience of hundreds...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/10/judwa2_0.jpg?itok=OBtA8dpP
Judwa remake has an advantage over Chef

*Wrong time release and the film pays heavily. Much beyond its demerits. Pre-Diwali is the dullest period to release a new film but, even the best of production houses with years of standing still go ahead and do it. T Series released Chef in this dull period and, when asked, the explanation was...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/06/chef.jpg?itok=m6q0yYAq
Chef: Where is the audience?

Chef is a remake of 2014 Hollywood film of the same name, written, directed and co-produced by Jon Favreau, who also essayed the lead role.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/06/Baahubali%202.jpg?itok=fvJMACwW
Baahubali 2 to premiere on Sony Max on 8 Oct

MUMBAI: Sony MAX, a Hindi movies channel from Sony Pictures Networks, is  bringing the epic saga from the Kingdom of Mahishmati, Baahubali 2: The conclusion. Directed by the showman of southern India movies, S.S. Rajamouli, this extravagant heroic tale of Baahubali will be premiering on Sony MAX...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/04/Eros.jpg?itok=MIhHrrc2
Eros seeks to protect stakeholder interest, files case against US short-sellers

MUMBAI: Eros International Plc has filed a lawsuit in New York County Supreme Court against Mangrove Partners, Manuel P. Asensio, GeoInvesting, LLC, and numerous other individuals and entities.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/03/Judwaa_2.jpg?itok=N4IPTHg_
Judwaa 2 hopes to entertain

*Judwaa 2 came after a long gap that was filled by mediocre and non-entertaining films. There were no films in the last few months which could draw out the families from home to watch a film. Two weeks before Diwali was not the right time to release a film but, to counter that, there was also a...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/30/Judwaa_2.jpg?itok=RqiAwhEs
Judwaa 2….Rides on long weekend

Ideas are in short-supply. Shortcuts are the norm. And, as a producer of repute, if you are getting a package deal to make some quick money, why not?

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories