A week after floating the day-and-date notion, Sarandos struck a very different tone on the idea, though he still held out the possibility of getting into the theatrical game.
“I wasn’t calling for day-and-date with Netflix,” he said in an appearance at a Bloomberg event Nov. “I was calling to move all the windows up to get closer to what the consumer wants.” While insiders say it’s unlikely Netflix could surmount the significant obstacles that stand in the way of altering traditional windows, they acknowledge it’s not impossible.
Sarandos is actively seeking a deal to secure financing for at least one, if not an entire slate of films budgeted well above indie levels, according to sources.
While releasing those titles day-and-date with cinemas would be a tall order, Sarandos wants them 45 days or even 30 days after their theatrical bow. That may be a tough get, considering exhibitors are not likely to relax their long-held hard line against anything that encroaches on their exclusive release window, which enables theaters to play movies for at least 90 days before they can be seen on other platforms.
” Ted Sarandos posited in a keynote speech at the recent Film Independent Forum.
The streaming service’s chief content officer stopped short of saying he was actually pursuing such an arrangement, but make no mistake, this was no hypothetical.
The streaming service may represent the best hope for reviving what’s been called premium VOD, a prospect that is starting to seem newly enticing after an overcrowded summer hurt the longevity of pictures like “World War Z” and “Man of Steel.” Sources privy to Sarandos’ thinking say he is encouraged by how original TV programming has moved the needle for Netflix, and frustrated by the lack of demand on the service for movie titles supplied through various output deals with companies like Relativity and the Weinstein Co.
The film was originally released in 2011, premiering at the BFI London Film Festival and has since been screened around the world winning numerous awards.
A humorous story of finding love and, more importantly, the joy of life long friendship.
The 12-minute tale follows Mary (Judi Dench) and Linda (Penny Ryder) while they spend an afternoon discussing the pleasures, pitfalls and problems of using social networking to try and woo the local choirmaster Trevor (Philip Jackson).
Larger chains such as AMC Theaters and Regal Cinemas don’t show films that are released on VOD the same day as theatrical.
“I think there would have been a better chance at that prior to (Sarandos’) keynote address,” quipped Tim League, CEO and founder of Alamo Drafthouse Cinemas, an indie chain with screens in Texas and New York.