CinemaCon Looks at Virtual Reality
The schedule for CinemaCon this year is very full, with a record ten film companies participating. The support from the studios is recognition of the importance of this event. Each studio will have the opportunity to highlight their slate of films for 2017 and give the delegates a great opportunity to leave Las Vegas with a taste of what’s to come through the remainder of the year. This is why CinemaCon is still the granddaddy of all conventions for the motion picture industry.
One of the topics sure to be in play is virtual reality (VR). It is certainly the talk of the entertainment industry, but how important will it really be for the cinematic experience? Only time will tell if it will be a reality or a short-lived fad. Nearly all the studios are tackling this new technology and the opinions are quite divergent.
Hopefully, when CinemaCon is over some of these questions will be answered. Universal and IMAX will be setting up a demo of virtual reality for their upcoming thriller The Mummy. National Amusements had a VR display in one of their theatres for Fifty Shades Darker and Sony has done similar displays for Resident Evil: The Final Chapter.
Three companies have already set up virtual reality centers in theatres. IMAX is at the forefront of this technology with their cinematic experience by the Grove in Los Angeles; mk2 has a theatre in Paris, and Samhoud Media is doing likewise in Amsterdam.
Some additional light will be shed at CinemaCon on Thursday when the International Cinema Technology Association presents “Virtual Reality Cinema: A New Way to Experience Entertainment.” Three major studios including Universal, Fox and Sony will be participating and will talk about what they are doing, what they have learned, where VR it going and what the future will bring. It should definitely be enlightening.
Each year at the Las Vegas convention, there is an undercurrent of important issues that are talked about behind closed doors. One year it was plans to show the movie Tower Heist simultaneously in theatres and on pay-cable; last year it was The Screening Room and its intention to make movies available for home viewing at the same time they are in theatres, for a $50 rental fee; and this year it’s about shortened theatrical windows that would see new movies released in homes sooner than after 90 days of a commercial release. Discussions have begun between major studios and exhibitors about offering movies in a premium-VOD window soon after their cinema run. Studios know that change is coming but have realized that they should control their own destiny and be the ones to make this happen—considering who controls content, this makes a lot of sense.
Regal feels that if it “grows the overall pie,” this could be good for the industry. As long as it creates incremental revenue and does not cannibalize the theatrical experience, it makes sense to investigate. Cineplex is in no hurry to see the shortened theatrical distribution window, but at the same time as Netflix transforms how movies are released, they “favor any new home distribution windowing by the studios not cutting into their theatrical business.”
No one wants to kill the golden goose, but moving forward film companies must be careful and wise when meeting to make certain that exhibition is protected.
AMC Rebrands Its Theatres
The largest movie exhibition company in the world is also one of the most innovative. They continue to set the bar with their plush, power-recliner seating, enhanced food and beverage choices, loyalty program and large-format experiences.
AMC is constantly in the news, from the purchase of its assets by Wanda Group in 2012, followed by the acquisition of Carmike, Odeon and soon the Stockholm-based Nordic Cinema Group.
AMC is making news once again by announcing a new branding alignment. During the next several months, all Carmike theatres will be rebranded to be part of the AMC family of theatres. Once this brand conversion is complete, every AMC location will operate under one of three brands:
AMC Theatres—AMC Amazing. These 400 theatres will offer such amenities as recliner seats, MacGuffins bars, premium large-format auditoriums like IMAX, Dolby Cinema and their new proprietary premium-large-format named Prime at AMC.
AMC Classic Theatres—America’s Hometown Theatres. These 200 theatres will be fun, friendly, local theatres and adopt Carmike’s “America’s Hometown Theatre” tagline.
AMC Dine-In Theatres—Movies with a Menu. This brand includes 60 locations equipped with full kitchens, full-service dining and an exciting array of drinks.
Congratulations to AMC on their continued success.
Cinépolis Caters to Kids
Cinépolis once again proves to be a pioneer, continuing their innovation in the exhibitor space with their newest concept for children, Cinépolis Junior. The fourth-largest circuit in the world announced that two theatres in Southern California will showcase the new designs that will include a dedicated colorful area with play structures, beanbag-like seating, lounge chairs and a fenced-off playpen for little ones to romp around.
Innovation and change differentiate your business from the competition. Cinépolis continues to do this and make going to the movies more enjoyable for parents.
Coming Up in FJI
In addition to extensive coverage of CinemaCon, the upcoming April issue of Film Journal International has several articles that should prove to be of interest to our readers.
David Hancock, research director, film and cinema, at IHS Market and president of European Digital Cinema Forum, has written an article on how cinemas are embracing innovation. Wynn J. Salish, chairman and CEO of Casablanca Ventures, and Mark Mayfield, director of global cinema marketing at QSC, have jointly penned an article on “Multi-Layered Security: Ten Important Steps to Protect Your Business Data.” And FJI contributor Bob Gibbons interviewed top exhibitors and tech companies to learn more about how “Cinema Loyalty Clubs Benefit Both the Public and Exhibitor.” We hope you benefit from their findings.