Morning Consult Entertainment: AMC Theatres to Charge Ticket Prices Based on Seat Location




 


Entertainment

Essential entertainment industry news & intel to start your day.
February 7, 2023
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A Gamer’s Value
In his latest memo, media and entertainment analyst Kevin Tran explains how video game fans can be surprisingly lucrative to nongaming pushes such as box office and subscription sales. New Morning Consult data found that 30% of U.S. adults consider themselves gamers, driven by Gen Z adults and millennials. Read more here: Why Gamers Are More Valuable Than Companies Think.

 

Today’s Top News

  • AMC Entertainment Holdings Inc. will roll out Sightline at AMC, an initiative where the price of movie tickets varies based on seat location in the venue, on Friday in New York, Chicago and Kansas City before launching in remaining AMC locations by the end of the year. Aside from offering the most common seats via a standard tier, the initiative will offer Value Sightline tickets for seats closer to the front row at a lower price point, while tickets for the middle of the auditorium, known as Preferred Sightline, will cost more. (Variety)
  • Paramount Global and “Yellowstone” showrunner Taylor Sheridan will reportedly end the hit neo-Western series in its current form due to conflicts over filming schedules with star Kevin Costner and are in the process of developing a new Dutton-focused TV show with Matthew McConaughey in talks as the lead. A Paramount spokesperson said in a statement they are “always working on franchise expansions” Sheridan has built. (Deadline)
  • Florida lawmakers proposed a bill to give Gov. Ron DeSantis (R) full control of the board in charge of the Reedy Creek Improvement District, the special district run by the Walt Disney Co. and is home to its Orlando-based theme parks. The bill will be discussed in a Florida House state affairs committee on Wednesday, and under the new proposal, the district could be renamed the Central Florida Tourism Oversight District and allow the state to impose taxes on Disney for possible road projects outside of the district’s lines. (Bloomberg)
 

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What Else You Need to Know

General
 

The CW Names Former HBO Exec Chris Spadaccini Chief Marketing Officer

Natalie Oganesyan, The Wrap

Chris Spadaccini has been tapped as chief marketing officer for The CW Network, where he will oversee the network’s broadcast and digital marketing divisions.

 

Endeavor Hires IMG’s Maura McGreevy for Top Communications Role

J. Clara Chan, The Hollywood Reporter

The executive will succeed Christian Muirhead, who was named co-chairman of WME last year.

 

Disney Sets Date For Annual Shareholder Meeting Amid Proxy Fight

Jill Goldsmith, Deadline

Disney has finally unveiled the date for its annual meeting of shareholders, a virtual event to be held at 10 a.m. PT on Monday, April 3.

 

Disney’s Iger Returns to Familiar Stage, but With Different Challenges

Brooks Barnes, The New York Times

The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.

 

Comcast continues to unload BuzzFeed stake after huge stock surge

Emily Bary, MarketWatch

Comcast discloses that it sold 5.1 million more shares, adding to the 5.7 million in sales it disclosed last week.

 

Theater never recovered from COVID — and now change is no longer a choice

Chloe Veltman, NPR News

Many of the problems facing the nonprofit theater industry in the U.S. right now — from scant resources to the lack of diversity — have been around for ages.

 
Film
 

‘Black Panther: Wakanda Forever’ Most Watched Marvel Premiere WW On Disney+, Samba TV Measures 2.1M U.S. Households

Anthony D’Alessandro, Deadline

Disney is calling their 5x Oscar nominated “Black Panther: Wakanda Forever” the most watched Marvel premiere ever on Disney+ on a global basis.

 

Chlöe Bailey, Olivia Colman, Woody Harrelson, and Tosin Cole Cast in Bob Dylan Jukebox Musical Film

Wilson Chapman, IndieWire

The film is based on the musical “Girl from the North Country,” with original playwright Conor McPherson set to direct.

 
Television
 

Paramount TV Studios Ups Dominic Pagone to Head of Communications

Selome Hailu, Variety

Paramount Television Studios has named Dominic Pagone its new head of communications.

 

‘The Last of Us’ Episode 4 Hits New Series High Viewership Despite Grammys Competition

Selome Hailu, Variety

Episode 4 of “The Last of Us” set yet another series high. 7.5 million viewers tuned into Sunday night’s episode, up 17% from the 6.4 million that tuned into Episode 3.

 

‘The Last of Us’ Episode 5 to Premiere Early Thanks to Super Bowl

James Hibberd, The Hollywood Reporter

The next episode of HBO’s apocalyptic thriller will be available on Friday instead of Sunday.

 

Tom Brady Says He Will Start Broadcasting Career at Fox Sports in Fall 2024

Alex Weprin, The Hollywood Reporter

Brady signed a deal with Fox Corp. last year to become an NFL broadcast analyst.

 

CBS Adds Spanish Closed Captioning to Replays of Bad Bunny’s Grammys Performance After Backlash

Michael Schneider, Variety

Grammy viewers who were using the closed captioning while watching the awards telecast on Sunday night didn’t have much to go on when opening act Bad Bunny hit the Cypto.com stage.

 

Amid Strong Documentary Demand, ABC News Studios Breaks Out at Disney

Alex Weprin, The Hollywood Reporter

With premieres at Sundance and SXSW, a growing slate and profitability, the in-house studio is a textbook example of media companies adapting to a streaming-first world.

 

CNN boss Chris Licht knows his morning show ‘needs to improve’ regardless of past Don Lemon drama, sources say

Joseph A. Wulfsohn, Fox News

One insider says Don Lemon is ‘having a hard time sharing a show’ following his spat with co-host Kaitlan Collins.

 

Gina Rodriguez Inks Overall Deal With 20th Television

Nellie Andreeva, Deadline

Gina Rodriguez, star and executive producer of Not Dead Yet, has signed an overall deal with 20th Television, the studio behind the new comedy series which premieres Wednesday on ABC.

 

George Clooney to Direct Showtime Political Thriller Series ‘The Department’

Joe Otterson, Variety

Showtime has given a straight-to-series order to the political thriller series “The Department,” with George Clooney attached to direct.

 

Matthew McConaughey Voices Elvis Presley in Priscilla-Approved Animated Series ‘Agent Elvis’

Tomás Mier, Rolling Stone

Expect space travel and a sidekick chimp by the King of Rock & Roll’s side in the animated adult series.

 
Technology and New Media
 

Activision Blizzard Bookings Beat Estimates on ‘Call of Duty’

Jason Schreier, Bloomberg

Activision Blizzard Inc. reported bookings that beat analysts’ estimates on the strength of a new “Call of Duty” release as well as several other big titles.

 

Take-Two Outlook Disappoints on Lack of Hot Game Titles

Molly Schuetz and Jason Schreier, Bloomberg

Take-Two Interactive Software Inc., the video game publisher known for the best-selling franchises “Grand Theft Auto” and “Red Dead Redemption,” cut its outlook for bookings in fiscal 2023 and gave a disappointing forecast for the current quarter as a dearth of new titles keeps players on the sidelines.

 

Meta Won Approval to Buy a Virtual Reality App, But FTC Laid Groundwork to Halt Big Tech’s Next Deal

Winston Cho, The Hollywood Reporter

The ruling is a blow to the agency but may further the commission’s overall enforcement agenda.

 

Twitch suspended a GPT-powered AI comedy show trained on ‘Seinfeld’ episodes after it made transphobic comments

Travis Clark, Insider

A ChatGPT-powered comedy show modeled after “Seinfeld” that had gone viral in recent days has been suspended for 14 days from Twitch.

 
Music
 

Miley Cyrus’ ‘Flowers’ Tops Billboard Hot 100 for Third Week, Lil Uzi Vert’s ‘Just Wanna Rock’ Hits Top 10

Gary Trust, Billboard

Miley Cyrus’ “Flowers” leads the Billboard Hot 100 for a third week, encompassing its entire run on the chart so far, dating to its launch at No. 1.

 

The BeyHive demands justice for Beyoncé after Grammys snub for album of the year

Christi Carras, Los Angeles Times

In a controversial upset, Harry Styles won the 2023 Grammy Award for album of the year over Beyoncé. And the BeyHive is not happy about it.

 







Morning Consult