The founder and CEO of Vue Entertainment, the largest privately owned cinema operator in Europe, has written a public letter attacking the controversial deal Imax signed with Netflix giving Greta Gerwig’s upcoming “Narnia” an exclusive two-week theatrical run on its screens.
While the deal, first announced in January, led to reports of significant discontent from within the exhibition industry, the letter from Tim Richards — shared exclusively with Variety — marks the first time it’s been expressed formally.
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In the letter, Richards asserts that both audiences and the industry itself will “lose” out from the deal and warns that Imax CEO Richard Gelfond’s
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