Thu, Oct 13th 2011 3:01pm
It was barely a week ago when we reported that Universal was planning to test a $60 Video On Demand release of Tower Heist only 3 weeks after the theatrical release of the film. In that report, we noted that theater owners were threatening to boycott the film if Universal went ahead with its plans. We now learn that Universal has given into the demands of theater owners and will be putting off its early VOD release of this film. This is not all too surprising as Universal would not want to damage its relationships with theater owners. However, Universal still plans to go forward in the future with this plan as soon as it finds a mutually beneficial deal with theater owners. Nowhere, however, is there any indication that Universal is seeking a plan that is mutually beneficial to consumers.
If you liked this post, you may also be interested in...
- Report: President Trump Picks Former Verizon Lawyer Ajit Pai To Head FCC
- Report: Verizon Considering Comcast Merger In Supernova Of Dysfunction
- Theater Association Boss Reminds Theater Owners, Netflix To Stay In Their Own Lanes
- Sean Parker's New Service Offers Theaters A New Revenue Stream But All They Can See Is Business Model Intereference And Piracy
- MPAA Targets New Anti-Piracy Ads... At People Who Already Paid To Go See Movies