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Stock impact report

Theaters want you to wait longer to stream movies. Why that probably won't happen [Los Angeles Times (CA)]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
The discussion about how long a film is in movie theaters before it's available for home viewing ramped up during the pandemic, when some studios dramatically shortened their windows before releasing movies for video on-demand and streaming. Then top theater lobbyist Michael O'Leary threw down an unexpected gauntlet. Speaking before thousands of theater operators and film business professionals in Las Vegas, he called on the industry to establish a new standard: make viewers wait longer — at least 45 days — to watch movies on the couch. “A clear, consistent starting point is necessary to affirm our collective commitment to theatrical exclusivity and to provide clear expectations for movie fans,” said O'Leary, president and chief executive of the Cinema United trade group, in a speech earlier this month at the CinemaCon trade convention at Caesars Palace. “We cannot sacrifice long-term success for short-term gain.” After that, the topic dominated the convention — and industry c Show less Read more
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