30-07-2021, 08:10 AM
By Frank Pallotta, CNN Business
Updated 2340 GMT (0740 HKT) July 29, 2021
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"To maximize these receipts, and thereby protect her financial interests, Ms. Johansson extracted a promise from Marvel that the release of the picture would be a 'theatrical release,'" the suit claimed. "As Ms. Johansson, Disney, Marvel, and most everyone else in Hollywood knows, a 'theatrical release' is a release that is exclusive to movie theatres. Disney was well aware of this promise, but nonetheless directed Marvel to violate its pledge and instead release the picture on the Disney+ streaming service the very same day it was released in movie theatres."
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The suit comes at a pivotal moment for Hollywood, as the pandemic has accelerated several trends at once. Streaming has become the focal point of Hollywood while movie theaters and the box office struggle to return to normalcy following a pandemic that ravaged its business.
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Full report at CNN: https://edition.cnn.com/2021/07/29/media...index.html
Updated 2340 GMT (0740 HKT) July 29, 2021
......
"To maximize these receipts, and thereby protect her financial interests, Ms. Johansson extracted a promise from Marvel that the release of the picture would be a 'theatrical release,'" the suit claimed. "As Ms. Johansson, Disney, Marvel, and most everyone else in Hollywood knows, a 'theatrical release' is a release that is exclusive to movie theatres. Disney was well aware of this promise, but nonetheless directed Marvel to violate its pledge and instead release the picture on the Disney+ streaming service the very same day it was released in movie theatres."
......
The suit comes at a pivotal moment for Hollywood, as the pandemic has accelerated several trends at once. Streaming has become the focal point of Hollywood while movie theaters and the box office struggle to return to normalcy following a pandemic that ravaged its business.
......
Full report at CNN: https://edition.cnn.com/2021/07/29/media...index.html