Have you ever wondered why you have to wait about three months to watch a new theatrical release at home through a streaming service?
Well, studios are asking that same question.
Kevin Tsujihara, the Warner Bros. CEO, said in a call with analysts that he hopes to reach a deal with theater owners that would allow his studio to release movies for streaming at home as early as two weeks after they open in theaters.
Brent Lang is a senior film and media editor at Variety. Last year, he broke the news about Sean Parker’s controversial plan to launch The Screening Room, a startup aimed at making new releases available in the home the same day as in theaters.
When The Frame's John Horn spoke with Lang this morning, he explained why theaters might be more receptive to Warner Bros.' proposal.
Part of this model is actually kind of cribbed from The Screening Room model, which is that you cut theater owners in on a percentage of the profits so that they give [up] something, but they get something in return.