AMC says it will boycott Universal movies after 'Trolls' experiment [Los Angeles Times (CA)]
Comcast Corporation - Class A (CMCSA)
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Source: Los Angeles Times
AMC Theatres, the largest theater chain, said Tuesday that it will boycott Universal Pictures movies at its cinemas, after the studio suggested that it would pursue online releases for more of its films. “Effectively immediately AMC will no longer play any Universal movies in any of our theatres in the United States, Europe or the Middle East,” AMC Chief Executive Adam Aron said in a statement addressed to Universal Pictures Chair Donna Langley. “This policy affects any and all Universal movies per se, goes into effect today and as our theatres reopen, and is not some hollow or ill-considered threat.” AMC’s move follows comments by NBCUniversal Chief Executive Jeff Shell about the release of “Troll World Tour,” the sequel to 2016’s computer-animated musical “Trolls.” The new DreamWorks Animation movie, which was originally planned for a wide theatrical run before the coronavirus outbreak, generated nearly $100 million in online sales in three weeks. In a statement to the Wall Street J
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