Vincenzo Guzzo on Quebec’s Latest Round of Closures and the Future of Day-and-Date Releases

In this week’s episode of The Boxoffice Podcast, Daniel Loria and Rebecca Pahle discuss Marcus Theaters’ new subscription program, strong Q4 results from Cineworld/Regal, and a successful opening weekend for Paramount's Scream.

In the feature segment, Vincenzo Guzzo, CEO of Cinemas Guzzo, Canada's third-largest circuit, joins the podcast to discuss the latest round of Covid-related closures in Quebec. Guzzo also provides insights on the current status of day-and-date releases and why he believes Quebec's top filmmakers have been defecting to Hollywood. 

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Episode Resources:

State of Subscription: The Modern History Behind Cinema Subscription ProgramsWeekend Estimates: Scream Powers to No. 1 w/ $30.6M 3-Day/$35M 4-Day DebutCineworld Reports Growth Over Last Sixth Months of 2021Marcus Theatres to Test New MovieFlex Subscription Program in Ohio and Nebraska Starting Jan. 14Boxoffice Barometer - Exhibitors' Poll  

What to Listen For

00:00 Intro01:08 It’s our 100th episode!02:30 Marcus Theaters introduces a pilot subscription program: MovieFlex06:22 Cineworld’s financial data from the last six months in 202109:32 Warner Bros. backtracking from its 2022 slate10:13 SCREAM opens at $30M over the 3-day weekend12:53 Top 4 openers overseas this weekend18:05 Update on Cinemas Guzzo’s theater closures19:33 Prioritizing comfort to see movies freely22:03 Threading on random closures27:35 Forced vaccination remains a hot topic33:35 Netflix gave people access to unlimited content 37:05 Why are talents willing to leave Quebec?40:21 What exhibition needs to do to thrive once again