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Stock impact report

Will 'Trolls World Tour's' online release shape the future of movies? Theaters insist not [Los Angeles Times (CA)]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Who would have thought that the most hotly contested movie of 2020 would be the sequel to the computer-animated musical “Trolls?” The DreamWorks Animation feature “Trolls World Tour” debuted online to strong sales April 10, when it became available to rent for $20. Universal Pictures, which released the movie, cheered record-breaking results. Theater owners, meanwhile, decried the Comcast-owned studio’s decision to bypass the traditional theatrical window, in which cinemas get exclusive access to new movies for months before they appear online. Few, if any, Hollywood executives think the solid digital sales of “ Trolls World Tour ” mean that the future of movies is online releases, rather than brick-and-mortar cinemas. But the film has opened up a vigorous debate about how movies will be released, once multiplexes reopen. The National Assn. of Theatre Owners, the Washington-based lobbying group that represents theater circuits, is pushing back hard on the notion that the “Trolls” expe Show less Read more
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