{"id":61457,"date":"2011-10-05T22:12:46","date_gmt":"2011-10-05T22:12:46","guid":{"rendered":"https:\/\/0de2709a84.nxcli.net\/0-kjasnb\/2011\/10\/05\/tower-heist-to-go-vod-before-theater-release\/"},"modified":"2018-12-18T13:00:33","modified_gmt":"2018-12-18T13:00:33","slug":"tower-heist-to-go-vod-before-theater-release","status":"publish","type":"post","link":"https:\/\/www.blackfilm.com\/read\/tower-heist-to-go-vod-before-theater-release\/","title":{"rendered":"Tower Heist To Go VOD Before Theater Release"},"content":{"rendered":"<p><strong>Eddie Murphy&#8217;s &#8216;Tower Heist&#8217; To Go VOD Before Theater Release<\/strong><br \/>\nOctober 5, 2011<\/p>\n<p><strong><a href=\"https:\/\/latimesblogs.latimes.com\/entertainmentnewsbuzz\/2011\/10\/tower-heist-to-hit-video-on-demand-three-weeks-after-theatrical-debut.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+newsandbuzz+%28News+%26+Buzz%29\">From The LA Times<\/a><\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.blackfilm.com\/read\/wp-content\/uploads\/2011\/07\/Tower-Heist-banner.jpg\"><img loading=\"lazy\" decoding=\"async\" data-expand=\"600\" class=\"lazyload aligncenter size-full wp-image-11224\" title=\"Tower Heist banner\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 540 289'%2F%3E\" data-src=\"https:\/\/www.blackfilm.com\/read\/wp-content\/uploads\/2011\/07\/Tower-Heist-banner.jpg\" alt=\"\" width=\"540\" height=\"289\" \/><\/a><br \/>\n<\/strong><\/p>\n<p>In an audacious move that could shake up the  way Hollywood has done business for decades, Universal Pictures plans to  make its upcoming Eddie Murphy action comedy film &#8220;Tower Heist&#8221;  available through video-on-demand just three weeks after it debuts in  theaters Nov. 4.<\/p>\n<p>But that convenience will come with a hefty asking price &#8212; $59.99 &#8212;   that many cash-strapped consumers will balk at in the current economic   slump.<\/p>\n<p>The proposed test, which will be offered in Atlanta and Portland,  Ore., to approximately 500,000 digital cable subscribers of Universal\u2019s  corporate parent, Comcast Corp., marks the first time a major studio  movie will be available to watch in-home while still playing in  thousands of theaters.<\/p>\n<p>A person with knowledge of the &#8220;Tower Heist&#8221; release strategy who was  not authorized to discuss it publicly confirmed the details for The  Times. Spokeswomen for Universal and Comcast declined to comment.<\/p>\n<p>If enough people take advantage of Universal&#8217;s offer without a  significant drop in box-office receipts, other studios could adopt  similar strategies in the future. Such a development would end the  industry&#8217;s long tradition of imposing a delay of several months between  when a movie is shown in theaters and when it is accessible on  television screens.<\/p>\n<p>Studios are looking to such experiments as a way to shift their  age-old business models and generate additional revenue that can help  compensate for plunging DVD sales that have been undermining movie  economics over the last several years.<\/p>\n<p>Universal&#8217;s move is likely to infuriate theater owners, some of whom  were informed of the plan this week after more than a year of  discussions on the topic. The cinema industry has reacted angrily to any  attempt by studios to shrink the traditional &#8220;window&#8221; of 90 days  between the time a movie debuts in theaters and when it&#8217;s available for  home view.<\/p>\n<p><a id=\"more\" name=\"more\"><\/a> Executives at the nation\u2019s three largest theater chains &#8212; AMC  Entertainment, Regal Entertainment and Cinemark &#8212; were outraged in the  spring when four studios including Universal worked with satellite  television distributor DirecTV on a test that made certain movies  available for video-on-demand 60 days after they premiered in theaters  for $29.99.<\/p>\n<p>Spokespeople for the three companies did not return calls or declined to comment.<\/p>\n<p>Many studio executives considered that test a bust because minimal  promotion and relatively unpopular films such as &#8220;Sucker Punch&#8221; and  &#8220;Paul&#8221; created a tepid consumer response and little data to evaluate.<\/p>\n<p>That probably won&#8217;t be the case with &#8220;Tower Heist,&#8221; which also stars  Ben Stiller and Matthew Broderick and is one of the highest profile  releases of the fall. With the picture still in theaters it will benefit  from word-of-mouth if it&#8217;s a hit, along with a theatrical marketing  campaign still fresh in the public&#8217;s mind that will be supplemented with  advertising in the test cities to promote the VOD test.<\/p>\n<p>While the test probably won&#8217;t be broadly popular, Universal is  betting it will appeal to certain families and groups of friends who are  eager to see &#8220;Tower Heist&#8221; but don&#8217;t want to drive to a theater and pay  for multiple tickets along with popcorn and drinks.<\/p>\n<p>That&#8217;s precisely what theater operators fear, at a time when  attendance is already down. They have argued that so-called &#8220;premium  video-on-demand&#8221; will shift consumer behavior, encouraging people to  wait to watch a movie at home rather than seeing it in theaters a few  weeks earlier.<\/p>\n<p>Universal is assuring exhibitors that they will be compensated if  &#8220;Tower Heist&#8221; ticket sales are lower than expected during the premium  VOD test. Whether studio and exhibition executives can agree on what box  office grosses would have been, however, remains to be seen.<\/p>\n<p>If cinema owners are angry enough about the strategy they could  threaten to not play &#8220;Tower Heist&#8221; in the two test markets when they  debut on VOD or, potentially, at all. Such a response, if shared by most  exhibitors, could even force Universal to alter or cancel its plan.<\/p>\n<p>The studios seem committed to establishing a premium VOD business,  however, and will probably launch similar offerings down the line with  or without theaters&#8217; cooperation.<\/p>\n<p>Universal and Comcast selected Atlanta and Portland for the test  because they were seeking midsize markets that have a certain number of  digital cable subscribers and moviegoing patterns similar to other  cities where premium VOD won&#8217;t be available. The companies believe that  will make it easier to compare the results.<\/p>\n<p>The &#8220;Tower Heist&#8221; plan would mark the most significant collaboration  to date between Universal and its corporate parent since Comcast  acquired media conglomerate NBCUniversal early this year. It represents a  bold but risky step by Universal Pictures Chairman Adam Fogelson,  NBCUniversal Chief Executive Steve Burke and Comcast Chief Executive  Brian Roberts as they position their company on the leading edge of one  of the most controversial issues in the entertainment business.<\/p>\n<p>To fend off potential complaints that it is favoring its owner,  Universal will offer other cable and Internet companies the chance to  release &#8220;Tower Heist&#8221; via video-on-demand at the same time and on the  same terms as Comcast.<\/p>\n<p><object id=\"gorillanationPlayer_cs001_playlist_71_cs001_video_369461\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" width=\"580\" height=\"377\" codebase=\"https:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"wmode\" value=\"transparent\" \/><param name=\"swliveconnect\" value=\"true\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"flashvars\" value=\"wmode=transparent&amp;e=4bffc0037b3a3a49328d685cccfc7c21cc002973d57a44951a38fddf065f5c696a66be9b89ee2d2f0947d4e15d253124c7d296b9a2a5d695fdd446d15f64f11765e48e3969f68734f4c9dc0d0396&amp;width=625&amp;height=377&amp;pid=cs001\" \/><param name=\"src\" value=\"https:\/\/cdn.springboard.gorillanation.com\/storage\/xplayer\/yo033.swf\" \/><param name=\"name\" value=\"gorillanationPlayer_cs001\" \/><embed id=\"gorillanationPlayer_cs001_playlist_71_cs001_video_369461\" type=\"application\/x-shockwave-flash\" width=\"580\" height=\"377\" src=\"https:\/\/cdn.springboard.gorillanation.com\/storage\/xplayer\/yo033.swf\" name=\"gorillanationPlayer_cs001\" flashvars=\"wmode=transparent&amp;e=4bffc0037b3a3a49328d685cccfc7c21cc002973d57a44951a38fddf065f5c696a66be9b89ee2d2f0947d4e15d253124c7d296b9a2a5d695fdd446d15f64f11765e48e3969f68734f4c9dc0d0396&amp;width=625&amp;height=377&amp;pid=cs001\" allowscriptaccess=\"always\" allowfullscreen=\"true\" swliveconnect=\"true\" wmode=\"transparent\"><\/embed><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eddie Murphy&#8217;s &#8216;Tower Heist&#8217; To Go VOD Before Theater Release October 5, 2011 From The LA Times In an audacious move that could shake up the way Hollywood has done business for decades, Universal Pictures plans to make its upcoming Eddie Murphy action comedy film &#8220;Tower Heist&#8221; available through video-on-demand just three weeks after it [&hellip;] <a class=\"g1-link g1-link-more\" href=\"https:\/\/www.blackfilm.com\/read\/tower-heist-to-go-vod-before-theater-release\/\">More<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"1","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,143],"tags":[803,3608,6410,3616,6411,6412],"reaction":[],"class_list":{"0":"post-61457","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"category-read","8":"tag-ben-stiller","9":"tag-eddie-murphy","10":"tag-eddie-murphys-tower-heist-to-go-vod-before-theater-release","11":"tag-tower-heist","12":"tag-video-on-demand","13":"tag-vod"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.7 (Yoast SEO v27.3) - 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