Andre Yoskowitz
10 Mar 2016 23:21
Screening Room, a new startup backed by Sean Parker, wants to offer rentals of movies day and date when they hit theaters.
The company also promises completely secure anti-piracy technology for the releases, although there has yet to be a truly "uncrackable" protection for movies and streaming media.
Sources say Screening Room will charge $150 for the proprietary set-top box to play the movies, and then $50 for the 48-hour rental. Anyone who rents will also get two free tickets to the film at any theater of their choosing, helping to make the price more reasonable.
Parker and other reps for the company have been meeting with all the major studios and exhibitors for months, and there is a feeling that AMC could be ready to make a deal. The exhibitor could make as much as 20% of the revenue while the studios make an additional 20%. Of the majors, Universal, Fox and Sony are said to have shown sincere interest in the program.
For now, talks are in the early stages, but we may be on the verge of a true home theater experience.
Source:
Variety