Neon CEO Tom Quinn has addressed the debate around the new theatrical standards for Best Picture eligibilityannounced by Academy of Motion Picture Arts and Sciences over the summer.
Talking on a panel on box office strategies at the Zurich summit on Saturday, distributor and champion of the theatrical experience gave a surprising take on the new standards.
Under the new rules, which take effect for the 97th Academy Awards, theatrical release eligibility criteria for films put forward for Best Picture consideration will expand beyond the current one-week release in six U.S.
qualifying cities. As per Deadline’s report in June, the move was instigated by members of AMPAS’s Producers Branch, to bolster the org’s core mission of supporting films for the big screen and will impact streamers who have tended to enter films with the minimum release needed to qualify.
Read more on deadline.com