Walt Disney Co. (DIS) is actively pitching rival Hollywood studios to join its new premium large-format theater initiative, Infinity Vision, aiming to establish it as an industry-wide standard against Imax Corp.'s (IMAX) dominance 🔗.
Key points:
- Strategic Push: Disney seeks to transform its internal distribution workaround into a broader commercial ecosystem.
- Scale: Infinity Vision already boasts a network of ~5,500 qualified screens globally, nearly three times Imax's total footprint 🔗.
- Catalyst: The initiative was spurred by a distribution bottleneck for Disney's 'Avengers: Doomsday' due to Imax's exclusive deal with Warner Bros. for 'Dune: Part Three' 🔗.
- Market Impact: This move could significantly impact premium cinema distribution, offering studios a compelling alternative during crowded release windows and potentially challenging Imax's market share.
Disney pitches rival studios on Infinity Vision to challenge Imax - Bloomberg
STREETINSIDER.COMOct 8, 8:41 PM UTC
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