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Would You Pay $50 to Watch Dunkirk at Home?

News and Analysis
Hollywood’s quest to deliver high-priced, new-release theatrical movies to the home apparently is back on despite numerous failures over the last several years, and strong protests from theater owners.

Bloomberg News reports that several Hollywood studios, including Universal and Warner Bros., are discussing plans with Apple and Comcast to rent movies that have been in the theaters for as little as two weeks. (By example, home viewers could now watch Dunkirk on their living room TVs instead of venturing to the theater.)

If the plan is implemented, the price tag to watch a new movie could be between $30 and $50, Bloomberg writes.

The concept is not new.

In 2011, Universal and Comcast were planning to sell an Eddie Murphy comedy called Tower Heist three weeks after its theatrical debut for $60. Shortly before Tower Heist was released, Universal dropped the plan, noting the numerous protests from theater owners.

Also in 2011, DIRECTV launched ‘Home Premiere’ which charged $29.95 per viewing of movies made available 60 days after their theatrical release, and one month before their DVD or Blu-ray release.

The satcaster soon dropped the service and company CEO Mike White later acknowledged it was too expensive, and that consumer interest in paying premium prices for recent films was “small.”

“They’re priced too high for consumers,” he said. “We didn’t choose that price, but that’s where the studios forced us to be.”

Since those two failures, there have been recurring reports of similar efforts, but apparently nothing as serious as the current discussions with Apple and Comcast. Bloomberg writes that deals could be struck by early next year.

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Analysis:
I believe there is potential here. But the price of the film has to be reasonable. Charging even $30 for a new movie is ridiculous, even with the price of movie tickets rising. And $50? All I can say is: Which executives are passing the crack pipe?

In addition,┬átheater owners have to get a slice of the pie. ┬áThe Bloomberg article suggests the theater owners will only get part of the proceeds if they become partners in the concept, and as of now, there’s no indication that will happen because the owners fear eventually losing control of the entire distribution process.

But without those two things in place, both theater owners and consumers will continue to boycott premium VOD films, just as they did in 2011.

— Phillip Swann

About TV Answer Man (706 Articles)
The TV Answer Man is veteran journalist Phillip Swann who has covered the TV technology scene for more than two decades. He will report on the latest news and answer your questions regarding new devices and services that are changing the way you watch television.

5 Comments on Would You Pay $50 to Watch Dunkirk at Home?

  1. Yes the concept is not new but the studios have carefully chosen that price point because they know they will lose money overall going to today’s On Demand pricing. An avg family spends up to $30-50 just on tickets every time they go to the movies. Even if the price is a little more, you pay for the convenience and less hassle dealing with other theater patrons. Also, the home experience has gotten better the past few years which is why they also make be looking to revisit the idea. Larger families would definitely bite.

  2. Great Artiste // August 21, 2017 at 10:23 am // Reply

    I really don’t see this working overall. Theaters are in the business of putting butts in seats. Their real profits are still made at the concession stand. Even if this scheme splits a fair share of the revenue with them, they still lose. On the consumer side, if you’re a family of 4 and up it makes sense. If you’re a teen or young adult or only a couple or single, it’s a ripoff. People don’t want to stay home all the time, they want to go OUT. Also a lot of people are willing to wait a few weeks for on-demand or the disc. And Dunkirk??? A 70mm/IMAX movie meant for a really big screen? No way!

  3. I would pay 50 bucks in a heartbeat especially if within a week of release. I dislike the theatre experience. Rude people, lousy sound and poor picture quality. No pause button!

  4. Howard Henson // August 21, 2017 at 2:59 pm // Reply

    no

  5. not 40, not 30, not 20, not 10, not a dime NO

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