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Early home movie test prompts Cinemark threat
Question of the Day
LOS ANGELES (AP) - Cinemark, the nation’s third-largest movie theater chain, is threatening to boycott the release of Universal Pictures’ “Tower Heist” if the studio goes ahead with a test to rent the movie to home viewers for $60 a pop three weeks after its debut in theaters.
Universal, a division of Comcast Corp., is aiming to make up for lost DVD sales. But theater chains are against new offerings that could cut into box-office ticket sales.
Universal announced Wednesday it would test the offering to Comcast digital cable subscribers in Atlanta and Portland, Ore., next month.
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