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AMC Theaters and Universal Brawl After ‘Trolls World Tour’ Is Online Hit [The New York Times]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
LOS ANGELES — Universal Pictures took a victory lap over “Trolls World Tour” on Tuesday morning, saying that the film’s successful video-on-demand release had proved a new business model. The studio vowed to make more movies available without an exclusive theatrical run, even when theaters reopen.AMC Theaters, the largest theater operator in the world, took the studio’s assertion as a declaration of war.Adam Aron, AMC’s chief executive, told Universal late on Tuesday that it would no longer book any of the studio’s films. Universal is home to the “Jurassic World,” “Fast and Furious” and “Despicable Me” franchises. The studio also owns Focus Features, a specialty division.“With this proposed action to go to the home and theaters simultaneously, Universal is breaking the business model and dealings between our two companies,” Mr. Aron wrote in a letter to Donna Langley, Universal’s chairwoman. “It assumes that we will meekly accept a reshaped view of how studios and exhibitors should in Show less Read more
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