Universal and AMC Turn The Movie Business, And Maybe Streaming, Upside Down
Universal, the big movie studio, cut a landmark deal this week with AMC, the nation's biggest theater chain. The business of showing movies may never be the same, though not just for what it means for those two big companies. This episode of Bloom in Tech looks the direct impacts of the deal for Universal and AMC, how likely other studios and theater chains are to copy it, and what might come hereafter with the big subscription video services as big tech and media companies start to integrate the possibilities here with so much else. Amazon Theaters/Shopping/Whole Foods/Esports Arenas? Apple Store/Movie Palaces? Think Very Big Deal.