The movie theater business has been in big danger ever since COVID-19 started, with several businesses hoping that the government will help them out once things are better. However, some movie studios have decided to release their films digitally, which has resulted in some successes, especially for Universal Studios' recent Trolls: World Tour, which made even more money than the first film, even though it was released to home media.
However, a comment Universal CEO Jeff Shell made has led to AMC deciding to not show any of Universal's movies in their theaters from here on out. That's a shocking and ridiculous move to make since Universal is home to a number of big film franchises like Fast and Furious, which always has big box office numbers. Apparently, this is because Shell mentioned that they would simultaneously release movies in theaters and VOD once COVID-19 subsides.
While we understand that Shell's comments might end up hurting some movie theaters, the fact of the matter is, Universal's movies make millions and billions of dollars. Hopefully, the two end up making a deal of some sort since we don't think AMC can survive this. Movie theaters are already in bad enough shape.
Via Deadline
Read: Trolls World Tour Rivals Avengers: Endgame with Record-Breaking Digital Release