YOUNGSTOWN, Ohio (WYTV) – Expect a blockbuster on December 15 with the next “Star Wars” movie, “The Last Jedi.”
It may be one of the biggest movies of all time in the United States and around the world. Disney, which produced the movie and owns the rights, is going to clean up.
But some theatre owners are refusing to show it. They’re going to boycott it.
“The Wall Street Journal” reports that the Disney company is demanding more than any producer ever has from the theater owners.
Usually, a theater owner pays 55 to 60 percent of ticket sales to the studios for first run showings.
Not with “The Last Jedi.” Disney is demanding 65 percent of ticket sales, and the theaters must play it for four weeks in their biggest auditorium.
If the theater owners violate any terms of the contract by putting it in a smaller auditorium or misusing promotional materials, Disney collects an extra 5 percent. That’s 70 percent of ticket sales going straight to the mouse house.
So some theater owners of, say, single-screen or two-screen theaters in smaller towns, are saying no thanks to “The Last Jedi” this Christmas.
Did you miss an episode of Daybreak or want to re-visit a previous “Nugget”? View previous “Nugget of Knowledge” entries on WYTV.com.
If you have an idea for a “Nugget of Knowledge,” send your idea in an email to Len.Rome@wytv.com.