The Los Angeles Times is reporting that a previously behind-closed-doors dispute between Disney Studios and top movie theater chains in the country has gone public. In general, when a movie ticket is purchased, 50% of that money goes to the studio while 50% goes to the theater. The studios often get a larger percentage over the first week or two of play, but the average is around 45-55% over a theatrical run.
But, citing higher costs of making and marketing films, Disney is apparently demanding 65% of the receipts for the domestic release of Iron Man 3, which opens a week from Friday in America, and other future Disney releases. AMC Theaters and Regal Cinemas, two of the biggest theater chains in the country, have refused. As a result, online ticket sales for the film have ceased over the last few days at both theater chains as well as at fellow major theater chain Cinemark, and Regal Cinemas has removed in-theater advertising, like posters and standees. This is not the first time this kind of dispute has occurred. And it has a relatively mixed history of success.