If you are an Indy filmmaker, and you are making movies that have a decent chance to been seen in theaters, even if you have connections to distributors, a good producers rep can give your film the chance to be seen by the people who make the decisions. Now with this new distribution company, this becomes even more important because there is no previous history with them unless you have personally worked for the key people before.
This is from DeadlineHollywood.com
he country’s two largest theatrical exhibition chains, AMC and Regal, this morning officially launched Open Road, a venture that will acquire and distribute films that can play in wide release on about 2000 screens. Distribution veteran Tom Ortenberg will run the company. He expects to have three pictures out starting this fall. “Once we’re up and running, we will be distributing 8 to 10 films per year, and possibly more,” Ortenberg said.
The move had been expected since the Sundance Film Festival in January. Open Road joins a crowding field of companies targeting wide release finished films. What’s unusual here is that two theater chains are behind what Ortenberg termed a “straight content play.” The two entities control between 5,000 and 6,000 screens in the U.S. (Regal is slightly larger), and between them own 31% of the theaters in the U.S. that are responsible for about 45% of the theatrical gross.Theater chains like AMC and Regal have railed while big studios increasingly try to shrink the theatrical windows on the event films they supply. This venture gives the chains a little opportunity to push back: when those same studios supply stinkers that barely pack theaters or when big films wind down and try to squeeze out those final drops of theatrical revenue, AMC and Regal can conceivably allocate some of those theaters to their own product.
While the largest allocation of P&A is the inevitable TV spend, the ability to gain in-theater promotion for films that will get at least 25% of theater penetration in the houses that own the venture should give those films promotional opportunities that others have to pay for. Ortenberg said he was unsure exactly how those promotional opportunities would manifest themselves, but they are certainly there. He said he was excited by the possibilities of an opportunity offered him by the exhibitors that are 50/50 partners in Open Road.
Films are never totally finished……
….. they just get a release date!