Theater Owner Rejects Proposed $50 Home Movie Service: “It Feels Like a Half-Baked Plan” 

Theater owners have started to weigh in on Sean Parker’s bold bid to make new films available to rent in the home for $50 via an encrypted $150 set-top box on the same day they hit theaters — and not all the theater chains are happy about it.”I think this is not a good idea, and I sincerely doubt the studios will go for it at that price point. It feels like a half-baked plan to me,” said Tim League, founder and CEO of Alamo Drafthouse Cinema.

Source: Theater Owner Rejects Proposed $50 Home Movie Service: “It Feels Like a Half-Baked Plan” – Hollywood Reporter