Comcast Corp.’s Universal Pictures has found another key partner willing to shrink the amount of time new movies play in theaters before moving to home video.

The Hollywood studio and America’s third-largest cinema chain, Cinemark Holdings Inc., announced on Monday a deal under which Universal titles can be shipped online after just three weekends, or 17 days, in theaters. The nation’s largest theater chain, AMC Entertainment Holdings Inc., agreed to a similar deal with Universal in July.

Traditionally,…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Snap’s Sales Fall for the Second Time in a Row

Snap, the parent company of Snapchat, reported its second straight decline in…

Ex-St. Louis area officer accused of sexually assaulting 11 more detained men

A new federal indictment accuses a former St. Louis-area police officer of…

Should Co-op Building Display a Menorah Next to the Christmas Tree?

Q: My husband and I live in a Midtown East luxury co-op…

Labor Department Issues Citations Against Amazon Over Warehouse Injuries

Business OSHA conducted workplace safety inspections at six Amazon facilities This post…