Theatrical buyers, streaming services, and networks are all taking a fresh look at independent films as they struggle to fill programming gaps and meet the growing demand for filmed entertainment.
British exhibitor Cineworld, the parent company of Regal Cinemas in the US, said on Monday that it would shutter all 663 of its theaters in the US and the UK starting October 8th.
Day-and-date and other alternative film releasing models have been around for over a decade. Still, most major studios have avoided a strategy that skips the theater altogether, that is, until now.