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UAjVideo Corp. Deal Includes 20<br />
Pictures for Home Videocasettes<br />
NEW YORK—Two landmark agreemenis<br />
have been signed in the past four weeks by<br />
Video Corp. of America (Video Corp.). One<br />
with United Artists gives Video Corp. the<br />
exclusive license of 20 films for rental distribution<br />
in the home video market. The<br />
other, with Sony Corp. of America, involves<br />
the distribution by Video Corp. of these<br />
features and others on prerecorded videocassettes<br />
as a premium to 50,000 new Sony<br />
Betamax purch;isers.<br />
On March 5. United Artists Corp.<br />
and Video Corp. of America jointly announced<br />
an e.xclusive agreement to license<br />
20 major motion pictures for rental distribution<br />
to the home video market. The agreement<br />
marks the first nationwide rental release<br />
of prime motion pictures on videocassettes<br />
by one of the major motion picture<br />
distributors. Video Corp. plans national<br />
distribution to begin in May/June 1979.<br />
'Combining Our Knowledge'<br />
Gerald F. Phillips, vice president of<br />
United Artists said, "We believe the home<br />
video market will be an important source<br />
of revenue to United Artists Corp. UA will<br />
work closely with Video Corp., endeavoring<br />
to combine our knowledge of film distribution<br />
with Video Corp.'s expertise in the<br />
home video market."<br />
The agreement represents a 3'/i year<br />
license for the rental to the home video<br />
market of a group of major United Artists<br />
features, some of which have never appeared<br />
on national television. They will be<br />
released on videocassettes in their original,<br />
uncut, theatrical versions and will rent from<br />
$9 to $14 for a seven day viewing period in<br />
the home. Video Corp. will distribute cassettes<br />
that are compatible with all major<br />
formats of home video tape cassette players.<br />
UA anticipates its royalty revenues from<br />
Video Corp.'s cassette rentals will exceed<br />
$1,000,0000 during the ne.xt 3l2 years.<br />
'Higli Potential Industry'<br />
The UA pictures are exclusive to Video<br />
Corp. in the consumer videocassette rental<br />
market, and will be distributed together vvilh<br />
a comprehensive library of other major features<br />
and specials in the classics, adiili,<br />
sports, and children's categories.<br />
"In my opinion, UA's entrance into llic<br />
home video market constitutes a most sig<br />
nificant event in this growing, high potential<br />
industry," George Gould, chairman oi<br />
the board of Video Corp., said. "It represents<br />
a carefully researched decision by<br />
UA that the rental concept of pay-for-play<br />
distribution, which is consistent with ihe<br />
historical exhibition pattern of the movie<br />
industry, is the most viable way to participate<br />
in the consumer video market. The<br />
long-term values of UA's extensive and<br />
impressive library will be fully preserved<br />
by our licensing to the consumer only Ihe<br />
light to view a picture for a limited period.<br />
Ownership of the property is never transferred,"<br />
Gould added. "This extends the<br />
theatrical exhibition principle unchanged into<br />
the emerging home video market and<br />
should be seriously considered by all producers<br />
and distributors planning to enter the<br />
market place."<br />
MOTION PICTURES RATED<br />
BY THE CODE & RATING<br />
ADMINISTRATION<br />
American Nitro<br />
(Cannon Releasing Corp.)<br />
Arabian Nights (UA)<br />
The Brood (Mutual/Elgin)<br />
Canterbury Tales (UA)<br />
Chorus Call (Entertainment Ventures)<br />
Count the Ways (Eudution)<br />
Escape from Alcatraz (Para)<br />
Escape to Athena<br />
(Associated Film Dist.)<br />
Feelings (Entertainment Ventures)<br />
Felicia (Mature Pictures Corp.)<br />
H.O.T.S. (Derio Prods.)<br />
Human Experiments (Essex Dist.)<br />
Just You and Me. Kid (Col)<br />
Mad Max (AI)<br />
Meatballs (Para)<br />
Night of the Bloody Transplants<br />
(Owl Prods.)<br />
Rocky II (UA)<br />
The Senator (Univ)<br />
When a Stranger Calls (Col)<br />
History Convention Set<br />
NOTRE DAME, Ind.—The Theatre<br />
Historical Society, dedicated to the study of<br />
American theatre buildings, will hold its<br />
annual convention July 13-16 in Los Angeles.<br />
The emphasis this year will be on theatres<br />
in the Los Angeles area. Highlights will be<br />
visits and tours of the leading cinema<br />
houses.<br />
COMING SOON...<br />
A<br />
BIGGER<br />
and<br />
BETTER<br />
BOXOFFICE<br />
Australian Wines Add<br />
Sparkle to Cannes<br />
ANBERRA, AUSTRALIA—Over 60<br />
Australian filmmakers, including producers,<br />
directors,<br />
actors and leading crew members,<br />
will attended the 1979 Film Festival at<br />
Cannes.<br />
As part of the Australian promotion,<br />
"1979, A Vintage Year for Australian<br />
Films," they brought 1,500 bottles of Australian<br />
wine and various Australian cheeses<br />
for audiences watching the 16 feature films<br />
presented this year.<br />
The racks of special wines provided by<br />
the Australian Wine Board for Cannes had<br />
labels carrying the slogan and the AFC<br />
lyrebird logo.<br />
Three prominent directors who have been<br />
making news on the international scene<br />
Peter Weir. Fred Schepisi and Phil Noyce<br />
were not be represented at Cannes this year.<br />
(Left to right) Ken Watts, chairman<br />
of the Australian Film Commission,<br />
publicist Rea Francis and wine expert<br />
Len Evans accompanied the Australian<br />
contingent to the Cannes festival.<br />
Weir, whose films "Picnic at Hanging<br />
Rock" and "The Last Wave" hit the recent<br />
Variety lists of the 50 top grossing films in<br />
the United States, was preparing his next<br />
movie, dealing with the Australian assault<br />
at Gallipoli in World War I.<br />
Fred Schepisi ("Devil's Playground" and<br />
"The Chant of Jimmy Blacksmith") was<br />
also preparing his next movie.<br />
Phil Noyce, whose film "Newsfront" was<br />
acclaimed at last year's festival and which<br />
has recently been a boxoffice successs in<br />
Ix)ndon. was directing his new film "King<br />
Hit."<br />
Hopes were high for the 16 Australian<br />
films screened at the festival. A $320,000<br />
(Australian) campaign to promote the $10,-<br />
000,000 investment recently got underway.<br />
Among the films shown were "Dawn,"<br />
"Blue Fin," "Dimboola," "The Money Movers,"<br />
and "The Last of the Knucklemen."<br />
12-Minute Cinderella<br />
Short Gains Approval<br />
NEW YORK—A I2-minute short on the<br />
Cinderella theme stars a colt and is turning<br />
out to be a winner around the country. Association/35,<br />
theatrical arm of Association<br />
Films, reports that acceptance of the film<br />
"Cinderella Trotter" is running 35% higher<br />
than average.<br />
BOXOFFICE :: Mav 28. 1979