National Association of Theatre Owners president and CEO John Fithian didn’t mince words when addressing the reason why releasing movies in cinemas and in the home at the same time is a very bad idea. “I am pleased to announce that simultaneous release is dead as a serious business model, and piracy is what killed it,” Fithian said when giving his annual address at CinemaCon in Las Vegas on Tuesday.
Source: Theater Owners Chief Warns Hollywood: Day-and-Date Releases Are “Dead as a Serious Business Model”