Col bends to Oz exhibs

Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction.

Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade.

To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release (Daily Variety, June 22).

Neither Hoyts Corp. CEO Peter Ivany nor Hoyts Fox Columbia TriStar topper Scott Neeson (who is ankling to 20th Century Fox as international marketing veep) would comment on the outcome of negotiations between the two companies over the past two weeks.

However, sources indicate Hoyts held firm and that Columbia, keen to get “Cliffhanger” out for the remainder of the current school holidays, didn’t push the issue. Also, the tacit understanding within the exhib sector was that all three major circuits would have resisted the move; thus Columbia had no other avenues of exposure.

Others note the distrib also may have been counting on “Last Action Hero” to boost its bargaining position, but that would have been diluted following the pic’s disappointing performance.

“Cliffhanger” opened in Brisbane July 1; elsewhere, its release is slated for July 8.

More Film

  • Men Outnumber Female Critics 2-1, Affecting

    Gender Imbalance in Film Criticism Can Hurt Visibility of Female-Driven Films, Study Finds

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

  • Amazon Studios Head of Motion Picture

    Amazon Studios Head of Film Production Ted Hope to be Honored by Locarno Festival

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

  • netflix-logo

    Netflix Picks up Kim Jee-woon's 'Wolf Brigade' (EXCLUSIVE)

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

  • Mamma Mia! Here We Go Again

    Film Review: 'Mamma Mia! Here We Go Again'

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

  • Rose Byrne

    Film News Roundup: Rose Byrne in Talks to Join Tiffany Haddish's 'Limited Partners'

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

  • Cher and Meryl Streep'Mamma Mia! Here

    How the Cast of 'Mamma Mia! Here We Go Again' Geeked Out Around Cher

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

  • 'BuyBust' Review

    Film Review: ‘BuyBust’

    Columbia’s standoff with Aussie exhibitors over film rental terms for “Cliffhanger” is over, but apparently not to the distrib’s satisfaction. Columbia was pushing to increase exhibs’ minimum floor terms from 25% to 30%, the first increase in a decade. To make its point, it pulled “Cliffhanger” a fortnight prior to its skedded June 17 release […]

More From Our Brands

Access exclusive content