Luxury home entertainment tech company Kaleidescape — which develops and sells high-tech movie players and servers that deliver studio-approved high-quality content to homes — revealed this week that it’s expanding into the cinema business.more accessible in theaters and open up more revenue opportunities for both content owners and exhibitors.
Data suggests classic rereleases could bring welcome ancillary revenue to studios and theaters, which would offer these titles during off-peak hours. The results of a 2022 Cinema Foundation survey suggests there’s interest in this model. Per the findings, 64% of respondents said they were interested in theatrical presentations of films from cinema’s Golden Age , 66% in films from the ’70s, 69% in movies from the ’80s and 73% in film from the ’90s. More than 50% of respondents who described themselves as “non-active” theatergoers were interested in films from each of these periods, as did those considered “frequent” moviegoers.its initial run.
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