Warner Bros. Chief Says It’s “Imperative” To Offer New Movies To Home Viewers

Kevin Tsujihara at Code Media Conference

Fox CEO James Murdoch isn’t really the only studio owner pressing difficult to offer new films to home viewers in the period when theaters demand revealing them exclusively. Warner Bros. likewise considers it an “essential”to “use customers more options earlier,” studio chief Kevin Tsujihara told a financier event today.”We’re having really constructive conversations with the exhibitors for the very first time that we have actually had in a long time,” he told Credit Suisse’s Technology, Media & & Telecom Conference. “And I think they acknowledge and we acknowledge that, all things being equivalent, we want to work it out with you. We’re working with them to try to develop a new window.”

Even if theater owners don’t go along, “we’re going to do it, and we’re extremely focused on it.”

Customers “inform us clearly that they desire it,” he includes. “That’s where all the pirating is taking place. We need to fulfill that demand with a legal option.”

Murdoch sustained the rage of the National Association of Theatre Owners in September when he challenged “these insane hold-backs that theater owners put in place” by demanding exclusive access to new movies for about 90 days.

The trade group’s chief John Fithian reacted that “substantive, private conversations with exhibition’s long-time studio partners have happened without self-serving public declarations,” and alerted Murdoch to “take care he does not weaken that trust.”

In other remarks today, Tsujihara said that Warner’s Great Monsters and Where To Find Themis about to go beyond $500 million in worldwide ticket office sales. And in admissions, “we’re going to land right amongst the very best of every Harry Potter film we had other than for the last one.”

With a plan constructed around author J. K. Rowling’s story ideas, “we have video games chances, customer items chances, we have a studio trip in London … to include Fantastic Beasts” and– in collaboration with Universal Studios– “the chance possibly to have brand-new theme park tourist attractions.”

Tsujihara likewise is positive about boosting motion picture sales in China. “The size of that opportunity for a motion picture studio is bigger than anything we’re going to see globally for a long, long, long period of time.”

He does not worry that Warner Bros. might have to shift gears if AT&T can close its $85 billion offer to purchase Time Warner. Telco chief Randall Stephenson has told the studio that “we understand that your culture is exceptionally various than the culture that we have, and we understand why you have to safeguard that,” Tsujihara states.