In a chat coming astatine nan Cannes Marché du Film, Sony Pictures Classics Co-Presidents and Co-Founders Tom Bernard and Michael Barker were asked astir really nan Paramount-Warner Bros merger mightiness effect nan arthouse label.
“I deliberation there’s going to beryllium room for us,” said Bernard.
“You can’t make 10 to 15 commercialized hits,” he added referring to Paramount’s first committedness for a 15-picture slate (post merger Paramount CEO David Ellison has promised 30 characteristic films annually).
“Even If you look astatine Amazon correct now, they person 3 types of movies they make successful dollar amounts. I deliberation there’s going to beryllium much movies falling backmost to nan days for illustration nan ‘70s wherever there’s going to beryllium caller ideas and taste stuff,” he continued.
Bernard besides sees a metallic lining for nan mobility image business successful Paramount’s committedness to accumulation successful New Jersey. The SPC co-Boss, who lives successful nan Garden State, has been progressive successful readying New Jersey’s taxation rebate program. Netflix is presently building an $848M workplace there, and Paramount precocious inked a ten-year lease pinch 1888 Studio’s Bayonne 285,000 quadrate ft campus.
“There’s large alteration happening and it’s each for nan good,” said Bernard.
Earlier successful nan chat, Barker expounded connected nan existent authorities of moviegoing for specialty films.
“There are trends pinch these audiences going to nan multiplex that are different from nan past. And nan AMCs are recognizing this. On a specialized film, nan Monday done Thursday gross could beryllium arsenic precocious arsenic nan play gross. That’s ne'er happened before. And they’re concerned astir group coming to their theaters Monday done Thursday because they’re good Friday done Sunday. What happens is that they’ll springiness definite deals for seniors connected Tuesday night. And nan young group for illustration to statement connected nan play and spot nan move connected nan weekday. We person to salary attraction to these existent trends.”
Bernard believes that much tin beryllium done successful regards to accumulation re-igniting imaginable arthouse moviegoers. With loyalty personnel clubs being each nan rage, nonstop email targeting could beryllium ramped up. “They (exhibition) haven’t decided to nonstop a statement astir a movie you mightiness for illustration connected Friday.”
“When nan newspapers went away, everything was full confusion, because that’s wherever everyone recovered retired wherever nan movies are. Some group spell to Rotten Tomatoes,” he continued.
“But erstwhile you want to find retired what’s playing you person to spell to work, it’s not coming to you, you person to commencement looking,” said Bernard, “They should beryllium sending you thing you’re going to like.”
He emphasized, “They haven’t really embraced their data; they person accusation connected each of you to spell to nan theater.”