Large-scale films with a tight budget are frequently accompanied by last-minute content delays, which may be extremely stressful for purchasers who put in a lot of effort to book a lot of shows far in advance. With Leo, the same thing is currently happening in the United States. As previously reported, Prathyangira Cinemas, the U.S. distributor, had planned an aggressively large-scale release well in advance, which has resulted in almost one million pre-sales (so far). But there's been a major setback recently.

Theatres have begun to cancel LEO IMAX presentations due to delays in material since the copies are not yet available. This is a big problem for the distributor because it involves scheduling theatres, handling refunds, and other things. The number of premieres will also be impacted by the removal of IMAX screens. Unofficial monitoring reports indicate that almost $200K worth of IMAX premiere show tickets have been sold in pre-sales; it would be extremely difficult to provide a refund for such a large sum of money. Regular format programmes remain unaffected for the time being, and no problems have been observed.

LEO was supposed to be made available in over a thousand US sites. As of october 13th, over 41,000 tickets had been sold, and it had already registered over 900,000 premiere pre-sales in the United States. LEO IMAX tickets are now concealed or placed on hold in a many of US locations. The impact of these IMAX debuts on the collections remains to be seen.
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G GOWTHAM

14/10/2023 10:11 AM