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Boxoffice - May 2019

The Official Magazine of the National Association of Theatre Owners

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Multiple encores through Fathom Events followed.<br />

“Between Fathom’s marketing and Warner Bros.’<br />

marketing, we really leveraged the heck out of this<br />

thing,” recalls Fathom Events CEO Ray Nutt.<br />

“Only three showings did about $8 million,”<br />

making They Shall Not Grow Old North America’s<br />

highest-ever earner in the event cinema space. “It<br />

really shows you the power of the event cinema.”<br />

And that “museum run” that Goldstein thought<br />

they might do? It instead became a limited theatrical<br />

run, still ongoing as CinemaCon ended. As<br />

of press time, the film has grossed just shy of $18<br />

million domestically.<br />

Warner Bros. could have gone for a traditional<br />

theatrical release from the start, Goldstein notes, but<br />

the event cinema route “just seemed like the right<br />

choice. We thought this would be the best way to<br />

maximize exposure and generate interest. When you<br />

have a one-day event, it’s appointment viewing.”<br />

Event cinema also made sense from a marketing<br />

standpoint. “The promotional value that you get<br />

through Fathom is very, very significant,” Nutt<br />

says. “We advertise all our events in the trailer<br />

space that we have available to us and the other<br />

promotional inventory that we have.” In marketing<br />

its successful The Met: Live in HD series, Fathom<br />

has more than proven its ability to bring in an older<br />

demographic, which is exactly the group Warner<br />

Bros. believed would be most interested in seeing<br />

They Shall Not Grow Old.<br />

A smart choice of release date—December 17,<br />

with potential moviegoers out of work and school<br />

for the Christmas holidays—succeeded in bringing<br />

in a younger crowd, including families, in addition<br />

to the older group Warner Bros. initially aimed for.<br />

“For the very first [screening], we did 1,100<br />

[screens],” recalls Goldstein. “Then we did 1,000.<br />

Then we were up to 1,300 on our third wave. And<br />

then we went to a regular commercial break for<br />

about 735 theaters. It swelled past that at over 800.<br />

We’ve taken our time over a long period of weeks.”<br />

The fact that Warner Bros. was able to go the<br />

traditional theatrical route for They Shall Not Grow<br />

Old, explains Nutt, is something that studios looking<br />

to expand their event cinema offerings should<br />

pay attention to. “This isn’t a cannibalization play,<br />

here. We give this nice little window to premiere<br />

and promote the content.” The promotional value<br />

Warner Bros. got from Fathom’s network for They<br />

Shall Not Grow Old, he argues, contributes to the<br />

revenue earned throughout the entire life of the<br />

film. This also applies to event cinema screenings<br />

of classic films, which are often tied to anniversaries<br />

and thus home video rereleases.<br />

This is all something that Warner Bros. was<br />

already familiar with,<br />

having partnered with<br />

Fathom in 2016 for<br />

the release of Batman:<br />

The Killing Joke, which<br />

earned $3.4 million<br />

in gross theatrical<br />

revenue. This month,<br />

Fathom partners with<br />

Warner Bros. and DC<br />

to bring Batman, Batman<br />

Returns, Batman<br />

Forever, and Batman &<br />

Robin to the big screen<br />

to celebrate the caped<br />

crusader’s 80th year of<br />

fighting crime.<br />

Outside the<br />

superhero arena,<br />

Warner Bros. regularly<br />

partners with<br />

Fathom for screenings<br />

of films from their<br />

library, including The<br />

Wizard of Oz, Gone<br />

with the Wind, Rebel without a Cause, The Philadelphia<br />

Story, and The Treasure of the Sierra Madre.<br />

Earlier this spring, Gone with the Wind screened<br />

as a part of the TCM Big Screen Classics series,<br />

becoming Fathom’s highest-grossing classic film. Its<br />

$2.23 million gross, garnered from six nationwide<br />

screenings across three dates, breaks the record set<br />

not two months earlier by The Wizard of Oz, which<br />

earned over $2 million.<br />

At Warner Bros., “We always want to bring our<br />

movies to audiences in the best way possible. We<br />

look at each situation uniquely on its own. We’ll<br />

look for the right opportunity, given the right<br />

property,” explains Goldstein. “We take risks on<br />

how we market. We make bold choices on how we<br />

distribute. And”—regarding their strategy for They<br />

Shall Not Grow Old—“that’s really what this was.<br />

Both a risk and a bold choice … We had a hunch<br />

that this would be the right way to maximize the<br />

movie. But it far exceeded our expectations.”<br />

ALL QUIET ON THE<br />

WESTERN FRONT<br />

TOP: an original frame of<br />

100-year-old archival WWI<br />

film. ABOVE: The same<br />

frame restored by Peter<br />

Jackson’s effects team.<br />

MAY <strong>2019</strong><br />

119

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