Universal distributes the “Fast & Furious” and “Despicable Me” franchises, among other films. “AMC enthusiastically embraces this new industry model both because we are participating in the entirety of the economics of the new structure, and because premium video-on-demand creates the added potential for increased movie studio profitability, which should in turn lead to the green-lighting of more theatrical movies,” AMC’s chief executive, Adam Aron, said in a statement.ĪMC Theatres is aiming to reopen its cinemas, which have been closed because of the coronavirus pandemic, in August.

On Tuesday, AMC said it supported the agreement to offer films in homes after just 17 days. Theaters have long resisted that idea, and the standoff prompted AMC to say earlier this year it would no longer show Universal films in its theaters.

Studios have been pushing to make their movies available in living rooms sooner than the typical timeline of roughly 90 days after they debut in cinemas. AMC Theatres and Comcast’s Universal Pictures agreed to a major shift in their operations that will allow the studio’s movies to be made available to US audiences at home after just three weekends in cinemas, the companies announced on Tuesday.ĪMC, the world’s largest movie theater chain, will receive a portion of the revenue that Universal generates from “premium video-on-demand” sales during the first weeks a film is offered to at-home viewers.

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