Click to Skip Ad
Closing in...
  1. AirPods Pro Prime Day Deal
    11:46 Deals

    AirPods Pro are back in stock at Amazon after selling out – and they’re $52 off

  2. Early Prime Day Deals
    08:06 Deals

    10 incredible early Prime Day deals that are about to end at Amazon

  3. Best Prime Day TV Deals
    16:38 Deals

    Best Prime Day TV deals: Samsung, LG, Vizio, and more

  4. Amazon Deals
    10:10 Deals

    Today’s top deals: Early Prime Day deals, $6 Kasa smart plugs, $20 Blink Mini cam, $15 luxurious shower head, Fitbits, more

  5. Best Prime Day Apple Deals
    12:00 Deals

    Amazon Prime Day 2021: Best Apple deals

Size will really matter in the future… when it comes to paying for movies

April 30th, 2014 at 4:42 PM
How to Watch New Movies on Mobile and TV

The movie industry is slowly moving to a different business model, Variety reports. DreamWorks Animation CEO Jeffrey Katzenberg said during the Entrepreneurial Leadership in the CorporateWorld panel at the Milken Global Conference in Beverly Hills that in the future, display size will impact the cost to consumers when it comes to watching new movies.

According to the CEO, moviegoers will “pay by the inch” when they watch movies 10 years from now, suggesting that mobile devices will have an even more important effect on how studios will launch and distribute new feature films.

“I think the model will change and you won’t pay for the window of availability,” Katzenberg said. “A movie will come out and you will have 17 days, that’s exactly three weekends, which is 95% of the revenue for 98% of movies. On the 18th day, these movies will be available everywhere ubiquitously and you will pay for the size. A movie screen will be $15. A 75” TV will be $4.00. A smartphone will be $1.99. That enterprise that will exist throughout the world, when that happens, and it will happen, it will reinvent the enterprise of movies.”

The CEO also said that “movies are not a growth business,” which is basically the reason why DreamWorks is also exploring new interests, including shortform, digital and television.

A report last year revealed that Netflix is also considering launching new movies on the same day they’re released.

Chris Smith started writing about gadgets as a hobby, and before he knew it he was sharing his views on tech stuff with readers around the world. Whenever he's not writing about gadgets he miserably fails to stay away from them, although he desperately tries. But that's not necessarily a bad thing.

Popular News