A total of 15 percent of all VOD revenues for X Verleih's 'The Kangaroo Chronicles' will go into a fund to help cinemas forced to shut down during the coronavirus crisis
Germany's cinema associations have set up an emergency fund to help theaters hit by the coronavirus shutdown, and the film that was number one in the German charts when the epidemic hit will be the first to fill the coffers.
will be available to stream for $18.50 , with 15 percent of the VOD revenue going directly to the new emergency fund. AG Kino and HDF Kino, two national associations representing German cinema owners, will handle the fund, using the money to help the country's hardest-hit theaters. "We're the first to contribute to this project, but hopefully others will join us," X Verleih boss Leila Hamid toldis the first German film to break the theatrical window by going to VOD so soon after its cinema bow. Films that receive state production subsidies — which is true for — are usually required to hold to a strict windowing system, which requires a gap of at least three months between a film's theatrical and VOD releases.
But the company said this was a one-off exception. "Our motto is still 'Cinema First,'" X Verleih said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
German Production Company Launches Eurovision Song Contest Replacement ShowEntertainer Stefan Raab, who competed at Eurovision 2000, will produce a live 'Free European Song Contest' for Banijay's Brainpool and network ProSieben after the popular event was canceled on coronavirus concerns.
Leer más »
German recession inevitable, say government advisersGermany will fall into recession this year but the economy will bounce back in 2021 if the coronavirus shutdown is over by the summer, according to the German Council of Economic Experts
Leer más »
This German town is making it mandatory to wear a mask in some placesThe German city of Jena is requiring people to wear masks in shops, on public transport and in public buildings after a request from health services
Leer más »
German city follows Austria and stipulates face masks for shoppersThe city of Jena in eastern Germany has decided to make people wear face masks when shopping or traveling by public transport, stepping up efforts to slow the spread of the coronavirus and becoming the first city in the country to take the step.
Leer más »
Coping With COVID-19 Crisis: Constantin Film Boss Martin Moszkowicz On German Major’s Response & Why Global Players Must Be “Fair To Each Other”Editors’ Note: With full acknowledgment of the big-picture implications of a pandemic that has already claimed thousands of lives, cratered global economies and closed international borders, Deadli…
Leer más »
Drive-in cinema opens doors amid virus closuresAs conventional cinemas in Germany are currently closed as a safety measure against the spread of the coronavirus, drive-in cinemas offer an alternative.
Leer más »