What will the future of movie theaters hold? There are few directors who have embraced streaming the way Steven Soderbergh has. As I type this, we are prepping for Let Them All Talk to drop on HBO Max, and he has worked with Netflix and Quibi in the past. One thing I admire about Soderbergh is how he always stays ahead of technology and stays informed. In Soderbergh's recent interview with The Daily Beast, he spoke about the fear that theaters would meet their doom thanks to the new HBO Max deal. And he offered some consolation. "[The streaming push is] just a reaction to an economic reality that I think everybody is going to have to acknowledge pretty soon, which is that even with a vaccine, the theatrical movie business won’t be robust enough in 2021 to justify the amount of P&A you need to spend to put a movie into wide release," he told the website. "There’s no scenario in which a theater that is 50% full, or at least can’t be made 100% full, is a viable paradigm to put out a movie in. But that will change. We will reach a point where anybody who wants to go to a movie will feel safe going to a movie." Read More...
Published By: NoFilmSchool - Tuesday, 8 December, 2020