Universal may have struck a deal with the largest theater chain in the U.S., but it may find itself at odds with the second-largest theater chain if it looks to deviate from the traditional movie theater release model.
“At Cineworld/Regal, we are not changing our policy with regards to showing only movies that respect the theatrical window,” Mooky Greidinger, CEO of Cineworld, told CNBC.
Global exhibitor Cineworld owns the U.S.-based chain Regal Theaters, which operates 7,100 screens. For comparison, AMC currently operates around 8,000 screens.