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AMC-Universal Peace Deal Sets Stage for Increased Tensions Elsewhere in Hollywood

A historic distribution agreement between AMC Entertainment Holdings Inc. and Hollywood studio Universal Pictures is sowing discord and confusion in an industry already reeling from the coronavirus pandemic. AMC, the world’s largest theater chain, and Universal agreed to shrink the time between a movie’s opening in theaters and when customers can rent it to watch…

A historic distribution agreement between AMC Entertainment Holdings Inc. and Hollywood studio Universal Pictures is sowing discord and confusion in an industry already reeling from the coronavirus pandemic.

AMC, the world’s largest theater chain, and Universal agreed to shrink the time between a movie’s opening in theaters and when customers can rent it to watch at home—to just 17 days, from 75. The two companies had been at public loggerheads over the issue of when to release movies for home viewing just a few months ago….

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