For film rental, Warner Bros. is asking for 63 percent for all weeks of the engagement. That is at the high end, and its inclusion is significant because it varies from some deals in which top chains have preset expectations for how much they will pay based on total domestic gross. Though what the studio asks can be subject to negotiation, Warners holds the upper hand. For top titles like this one, normal practice is all theaters receive the same template.
Disney was asking percentages in the mid 60's for many of it's recent releases
A look at Tenet's forecast in the Australian Market ( expect for Victorian cinemas which are closed due to the 2nd wave)
Interstellar grossed $21 million in 2014 and Dunkirk ended up with $23.5 million. Dell thinks a more apt comparison is the director’s Inception a decade ago, which hauled in $28 million in its first four weeks and finished with $35.6 million.
“Given that Melbourne is out, I think a result of $20 million would be a huge success in the first 4-6 weeks, and maybe $25 million over the longer period,” Dell predicts.
Cinema Nova CEO Kristian Connelly hasn’t seen it but industry colleagues told him it’s worth the wait and should do considerable repeat business.
“Pre-COVID-19, the expectation would have been a $25 million – $30 million Australian domestic result,” Connelly says.
“As we haven’t yet had a genuine blockbuster to indicate what the market is capable of under the current conditions, it’s anyone’s guess.
“Whatever the final gross, there is an expectation it will play far longer than it might have, given some audiences might take their time to get back the cinema, as well as the absence of competing blockbusters.”
Temesvari adds: “We’re in truly uncharted waters, but given the pent-up demand and that fact that it’s the only game in town, that will likely go a long way to making up for audience capacity restrictions and some key markets being closed.”
“Tenet” Early Access Screenings Bring Christopher Nolan’s New Sci-Fi Action Spectacle to the Big Screen, August 31st – September 2nd Where Theaters Are Open
BURBANK, Calif.--(BUSINESS WIRE)--In support of theater reopenings, Warner Bros. Pictures is offering moviegoers in select U.S. cities a preview program for the first global release of the summer: Christopher Nolan’s hugely anticipated action spy thriller “Tenet.” “Tenet” Early Access Screenings will begin on August 31st, three days ahead of its official September 3rd domestic release. The announcement was made today by Jeff Goldstein, President, Warner Bros. Pictures Domestic Distribution.
“Tenet” Early Access Screenings will be scheduled on the evenings of August 31st, September 1st and September 2nd, in U.S. markets where theaters are open. Tickets for those shows will go on sale on Friday, August 21st. Go to www.tenetfilm.com for available cities and showtimes.
“Tenet,” which Nolan filmed using a mixture of IMAX® and 70mm film, will be made available in large-format and premium theaters, providing audiences with the most immersive moviegoing experience.
In making the announcement, Goldstein said, “Warner Bros. is proud to support our partners in exhibition as they reopen their doors. And there could be no better film to welcome audiences back to a true big-screen experience than ‘Tenet.’”
“Tenet” Early Access Screenings Bring Christopher Nolan’s New Sci-Fi Action Spectacle to the Big Screen, August 31st – September 2nd Where Theaters Are Open
BURBANK, Calif.--(BUSINESS WIRE)--In support of theater reopenings, Warner Bros. Pictures is offering moviegoers in select U.S. cities a preview program for the first global release of the summer: Christopher Nolan’s hugely anticipated action spy thriller “Tenet.” “Tenet” Early Access Screenings will begin on August 31st, three days ahead of its official September 3rd domestic release. The announcement was made today by Jeff Goldstein, President, Warner Bros. Pictures Domestic Distribution.
“Tenet” Early Access Screenings will be scheduled on the evenings of August 31st, September 1st and September 2nd, in U.S. markets where theaters are open. Tickets for those shows will go on sale on Friday, August 21st. Go to www.tenetfilm.com for available cities and showtimes.
“Tenet,” which Nolan filmed using a mixture of IMAX® and 70mm film, will be made available in large-format and premium theaters, providing audiences with the most immersive moviegoing experience.
In making the announcement, Goldstein said, “Warner Bros. is proud to support our partners in exhibition as they reopen their doors. And there could be no better film to welcome audiences back to a true big-screen experience than ‘Tenet.’”
