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Why The Odyssey Blew Past Box Office Expectations: Film and Nolan

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Every generation or so, a filmmaker becomes so globally beloved that their box office drawing power rivals or even exceeds the biggest actors in the world. In the ’80s and ’90s, that was Steven Spielberg. In the 2000s, it was Quentin Tarantino. Now, in our post-COVID theatrical landscape, “The Odyssey” has proven that honor belongs to Christopher Nolan.

In the two decades since he first introduced himself to the mainstream with “Batman Begins,” a film that brought back The Dark Knight to the big screen after a decade-long absence, Nolan has parlayed the goodwill from his superhero trilogy into a following that treats any film he makes, whether it is about dream world corporate espionage or the creation of mankind’s most destructive weapon, into a cinematic event. That following has grown so much that Universal has given him a quarter-billion dollars to create the sword-and-sandal epic he’s always dreamed of.

The result has been a film that cements Nolan’s status as a superstar director in his own league — one who has used his high profile to rekindle an appreciation for analog film formats that are being embraced by younger generations and have been a boon for certain theaters. And despite the jaw-dropping high budget numbers, Nolan is proving to be one of the safest bets in Hollywood at a time when once-popular franchises are hitting a wall.

Nolan’s “blank check” passion project (he admitted that he was only able to make “The Odyssey” because of the cache afforded him by the commercial and awards success of “Oppenheimer”) stands as the fourth-highest opening weekend ever for an R-rated movie, as “The Odyssey” is off to a flying start with $123.5 million domestic and $263.7 million worldwide and rave audience scores across the board, including an A on CinemaScore and an 81% “definite recommend” rating from PostTrak audience surveys. For reference, “Top Gun: Maverick,” one of the best received films among global audiences in the past five years, got a “definite recommend” return of 84%.

With this sort of reception, and release in several major Asian countries including China still to come, the odds are very high that “The Odyssey” will join “The Super Mario Galaxy Movie” and “Michael” as Universal’s third $1 billion film this year. And unlike those films, which drew public interest from the enduring popularity of the video game franchise and the pop star they are based on, this take on Homer’s epic tale drew its crowd from the man who directed it, as Nolan was identified by audiences in PostTrak surveys as the top reason why audiences were interested in the film with 51% of those polled picking him as their primary reason for buying a ticket.

“It has been a privilege to continue our partnership with Christopher Nolan, a filmmaker whose work embodies what millions love about going to the movies,” said Universal Domestic Distribution President Jim Orr. “We have seen in our data that ‘The Odyssey’ has brought out people who do not frequently go to theaters, showing that when theaters have an epic adventure made by one of the greatest filmmakers ever, it generates an excitement that benefits everybody in this industry.”

Matt Damon in "The Odyssey"
Matt Damon in “The Odyssey” (Universal Pictures)

A newfound appreciation for analog

But Nolan’s impact on movie theaters goes beyond filling seats. The director has taken his love of celluloid and analog film formats and spread it to his fans. Back in 2010, as exhibitors worldwide had completed the transition from analog to digital projection, Nolan insisted on providing 35mm prints of “Inception” to theaters alongside the now-standard DCP formats. This continued with subsequent films like “Interstellar” and “Dunkirk,” the latter of which made 70mm screenings in select theaters a prominent part of its marketing.

And after weeks’ worth of Imax screenings of “Oppenheimer” sold out in 2023, particularly those screenings in Imax 70mm, Nolan took it one step further by making “The Odyssey” the first film ever shot entirely with Imax film cameras, partnering with Imax veterans David and Patricia Keighley to design a new type of camera that could shoot a wide range of scenes from intimate conversations between Odysseus and Penelope to enormous battles like the sacking of Troy.

That made premium formats the definitive way to see “The Odyssey” among a majority of moviegoers this past weekend. If the Imax 70mm screenings are sold out or too far away, moviegoers sought out alternatives from digital Imax and Dolby to standard 70mm and 35mm.

In all, premium formats accounted for 53% of all domestic grosses for “The Odyssey” this weekend, with the 41 locations screening the film in Imax 70mm earning a per theater average of more than $100,000. In fact, the Chinese Theater in Hollywood earned more than $500,000 in just two days of Imax screenings.

And at theaters presenting the film in both analog and digital formats, the former has been the vastly preferred option. Allen Michaan, who has owned and operated the Grand Lake Theater in Oakland since 1980, told TheWrap that his theater screened “The Odyssey” in standard 70mm in its main 600-seat auditorium while screening it in standard digital cinema package (DCP) in a 450-seat auditorium upstairs.

By Sunday evening, the Grand Lake had sold 105 tickets for the DCP screenings. The 70mm screenings admissions? 1,254.

“We haven’t had crowds like this since ‘Sinners,’” Michaan said. “Our audience has not only been excited to see this film, but they specifically want to see it on celluloid, and that’s because we have filmmakers like Nolan and Ryan Coogler who value the medium of film, and that’s so refreshing for me. We didn’t switch to digital because we wanted to. We switched because we had to.”

Indeed, that switch from analog to digital was one that was pushed by the studios, not just because digital and later laser projection provided a more consistent baseline of sound and picture from theater to theater, but also because it saved costs on film distribution. And for a format like Imax 70mm, it takes a proven filmmaker like Nolan or “Dune” trilogy director Denis Villeneuve for Imax to invest in releasing their film in that format because it is so expensive and complicated to make such a release happen.

“On average, it costs between $40,000 to $50,000 to make a single Imax 70mm reel,” said Imax CEO Rich Gelfond. “The ones we made for ‘The Odyssey’ have 2.1 million feet of film and weigh more than 800 pounds. You need a forklift to get them in place.”

Still a rare sight

There are only a few dozen auditoriums in the world with the specs required to screen on Imax 70mm. Along with needing a projector room big enough to house the immense projector and reels, auditoriums require a screen tall enough to fit the 1.43:1 screen ratio of Imax 70mm. The vast majority of Imax auditoriums worldwide have screens made for the digital projection screen ratio of 1.90:1.

On rare occasions, Imax has been able to partner with theaters to take pre-existing auditoriums that have the size to fit these specs and convert them to Imax 70mm capability. Regal Cinemas expanded the projector room of its largest auditorium at its LA Live multiplex in downtown Los Angeles to allow “The Odyssey” to screen in that format, while Belgian chain Kinepolis was able to convert one of its auditoriums in Brussels to Imax 70mm while Imax provided a refurbished projector.

But mostly, the controlled expansion of Imax 70mm will come from completely new theaters such as the Pathé Odysseum, a brand new theater in Montpellier, France, that, if its name didn’t give it away, timed its grand opening with the release of “The Odyssey.”

Imax said it is also looking into partnerships with theater chains in China to include Imax 70mm-compatible auditoriums in the designs of new multiplexes.

Inside the Alex Theatre in Glendale, Calif., which was renovated to project “The Odyssey” in 70mm (Tiensirin Tienngern)

Despite those high costs, films like “The Odyssey” have made the investment worth it for Imax. Look no further than Imax’s highest-grossing location: the BFI Imax Southbank in London. The 500-seat auditorium has sold out 173 Imax 70mm showings of “The Odyssey,” which is being shown around the clock even at 4 a.m. At the time of writing, the earliest screening you can buy a ticket for is on Sept. 10, with more showings being added.

With $296,147 grossed on opening weekend alone, “The Odyssey” set the BFI Imax’s opening weekend venue record previously held by “Star Wars: The Last Jedi.” Throw in five weeks of advance sellouts, and the running total for the BFI Imax from this film reaches $2.8 million and counting.

This desire to see films from well-known auteurs on celluloid isn’t exclusive to Nolan. The most successful element of Warner Bros.’ marketing for “Sinners” was a viral video of Coogler explaining the difference between the various film formats his movie would be available in, prompting 70mm sellouts of the film in select theaters like the Vista in Los Angeles and the Grand Lake in Oakland, where Coogler boosted business with post-screening Q&As.

Warner Bros. followed that up with a limited VistaVision release of Paul Thomas Anderson’s “One Battle After Another” and is planning Imax 70mm releases of Villeneuve’s “Dune: Part Three” this December and J.J. Abrams’ digitally filmed sci-fi tale “The Great Beyond.”

But it is Nolan, the man who insisted on releasing “Tenet” during a pandemic and who has continued to shoot and post-produce on celluloid even as processing labs closed left and right over the last two decades, who stands as analog film’s greatest champion. And, in turn, he has inspired tremendous enthusiasm from film fans who flocked to theaters to witness “The Odyssey” on the biggest screen possible opening weekend.

At Milwaukee’s Oriental Theatre, where “The Odyssey” is screening exclusively in 70mm in a 1,000-seat auditorium, managing director Kristen Heller says that more than 3,600 people saw the film in its opening days, and the demand heading into Week 2 is so large that the balcony section of the auditorium that is usually reserved for high-demand showtimes will be open all weekend.

And as she recounted the busy opening, she relayed a story that was echoed by several other theater owners who spoke with TheWrap.

“Not to spoil too much, but when the bad guys get killed by Odysseus, there was loud applause coming from the theater at almost every screening,” Heller said. “It’s those reactions that make a hot opening weekend one of the best parts of working at a movie theater.”

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Culture Secretary Lisa Nandy In Donald Trump’s America: Analysis

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UK Culture Secretary Lisa Nandy was widely expected to change jobs when her good friend Andy Burnham became Prime Minister this week, but she has remained in post and is now comfortably the longest-serving in that role for well over 10 years.

Now, a set of decisions that Nandy is due to make over the coming months could make her one of the most consequential Culture Secretaries in recent memory… in America that is.

This trio of major calls that loom over Nandy could end up upsetting or possibly ingratiating virtually all the major U.S. studios, streamers and tech giants, coming at a time when Burnham will be attempting to keep relations with Donald Trump rosy after the solid work put in by his predecessor Keir Starmer.

First up, it was just before UK Parliament broke for recess and just before Burnham became PM that Nandy left the Paramount-Warner Bros. Discovery (WBD) $110B mega-merger unread.

She had initially said she was “minded to intervene” in the deal on media plurality grounds but failed to provide an update in time. David Ellison and co will now have to wait until September 1 at the very earliest to discover if the deal will be either probed or greenlit by British regulators.

This, as a reminder, could be an incredibly costly Nandy intervention, because the agreement has a “ticking fee” commitment to WBD shareholders of 25 cents a ​share — roughly $650 million — for every quarter its takeover does not finalize beyond Q3.

Ellison attempted to charm Nandy back in Jan during a much-publicized trip to Europe but any charm will dissipate if she causes his beloved deal to run into the “ticking fee” period. In the U.S., of course, he continues to hit stumbling blocks and the merger is currently on pause in response to a lawsuit from a dozen states.

With the Paramount-WBD deal firmly remaining in the spotlight, WBD’s previous suitor Netflix will be fuming if Nandy pushes on with a controversial plan for the BBC licence fee to expand to subscribers to streamers like Netflix, Disney+ and Prime Video.

The BBC has floated the plan in a desperate bid to generate more from the £180 ($240) annual fee. It has repeatedly stressed that while 94% of the UK population use its services every month, fewer than 80% pay the £180, leading to a loss of hundreds of millions of pounds per year.

Without a great deal of info about how it would actually work in practice, Nandy recently signaled that she is behind the proposal that would see people who watch non-live content on streamers forced to pay the licence fee, and would even task streamers with helping collect the charge.

The Motion Picture Association, which represents big streamers and studios, had already pushed back, saying the plan will have a “downstream impact on viewers and their viewing experience,” yet this doesn’t appear to have halted Nandy. She says she has had conversations with the streamers over various ideas and continues to point out that the government will never bring in a streamer levy, an idea taken up by several other nations that would force the SVoDs to pay a small amount of their UK subscription revenue to a cultural fund for British content.

Netflix in particular is already on the European regulatory warpath. It has bristled frequently at other nations that force the streamer into local content quotas and funding obligations but has regularly praised the UK for leaving it free to do what it wants in the nation that birthed Adolescence and Baby Reindeer. Forcing its subscribers into effectively funding a rival would surely go against this grain.

And then there is the tech giants. In amongst everything else, the UK is going ahead with a full social media ban for under-16s while also drawing up legislation that would require YouTube and TikTok to carry public service content prominently, which could prove quite the algorithmic headache for these tech behemoths.

This idea was first floated at the RTS Convention by, you guessed it, Lisa Nandy, who said it will be “vital in the fierce battle against mis and disinformation.”

Had Nandy been removed from her post earlier this week, it is impossible to tell if her successor would have changed tack on any of these three crucial upcoming decisions.

But as it stands, she appears keen to follow through, and the American entertainment and tech giants that would be impacted would be numerous. Many of these companies have got closer and closer to Trump during his second presidency, some relying on his or his allies’ say-so to force through various deals.

In their first-ever call during his first few hours as PM, Burnham invited Trump to his home city of Manchester, which also happens to be where Nandy is from. Were Trump to take up this offer, the Culture Sec may fancy making herself scarce.

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Apple TV Seeking Head of Local Language Scripted For Jay Hunt’s Team

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EXCLUSIVE: Apple TV is seeking a head of local language scripted projects.

The move comes amid a shuffling of the pack after Morgan Wandell and Oliver Jones exited the streamer, with Europe chief Jay Hunt handed a wider remit.

Apple confirmed the Head of Local Language Scripted is a newly-created London-based role in Hunt’s team.

According to a job ad posted on LinkedIn, the Head of Local Language Scripted will “work closely with experts in market” and the Creative Director of International TV [Hunt] to set strategy and commission content.”

The person is tasked with “defining and executing a comprehensive content strategy for local language scripted series across key international markets” and making “a compelling slate of shows that resonate in multiple markets,” according to the job ad. They will assess scripts for “Apple series potential” and meet with top talent and agents.

Notably, the ad also says the person will need to “navigate regional nuance,” “leveraging a deep understanding of international market dynamics, including regional content quotas and local compliance, to identify whitespace opportunities in highly competitive territories.”

The role is an opportunity for someone to set the direction of a big-budget streamer’s international slate and will likely attract a high caliber of candidate.

Apple TV doesn’t make a huge amount of content outside of the States but under Hunt’s leadership it has delivered some big hits. Hunt’s UK slate includes the likes of Slow Horses, Bad Sisters and Hijack. Outside the UK it has made French fare like the Eva Green-starring Liaison and Gaumont’s The Hunt, Spain’s Women in Blue and Germany’s Where’s Wanda?, the latter two of which soon launch second seasons. Apple also picked up Legendary’s French-Japanese series Drops of God and is a co-producer on big hits like Tehran.

The hire will come following exits in the Apple international team. International development chief Wandell left to launch his own indie while international scripted executive Jones moved to Amazon.

Matt Cherniss, Apple TV’s head of programming, now oversees Wandell’s slate while the highly-rated Hunt’s remit has expanded to all international and local-language original projects.

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BBC Considers Locking iPlayer For Viewers Who Opt Out Of Licence Fee

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EXCLUSIVE: The BBC has said it is open-minded about closing off iPlayer to British viewers who decline to pay the licence fee.

In an all-staff call on Monday, the BBC’s chief customer officer Kerris Bright said locking down iPlayer could be an “opportunity” in the future as the corporation looks to stem the tide of people opting out of the licence fee.

Bright told colleagues that blocking iPlayer does not currently make sense because it could cause unwelcome friction for viewers who do pay the licence fee, but she said the BBC will keep the idea under review as streaming technology improves.

“iPlayer is the only service really that’s licensable where you could actually decide to put a gate in front of it, but the data today says that actually [there’s] not really the return on investment for doing that,” Bright told employees, per audio obtained by Deadline.

“The vast majority of evasion is not on iPlayer. The vast majority of people that are watching iPlayer are people that are paying their TV licence, and so to put a gate in front of iPlayer, the data today says that you actually would make it a very difficult experience for people that are paying for the licence.”

iPlayer viewers do have to sign into the BBC to watch the streamer. The service also occasionally asks users if they have a licence fee, though it does not require proof. “It’s quite a difficult experience if you have to ask them to find their TV licence to put it into iPlayer,” Bright said.

She continued: “As we go into the future, more of an IPTV world, audiences changing behavior, new ways of creating experiences that maybe aren’t so full of friction for audiences … that might absolutely be an opportunity for us, depending on the funding model.

“The data says today [that] absolutely [it] is not the silver bullet to generating more revenue. There’s probably more cost in it than revenue, but it is something we should absolutely keep looking at because it might be something that you actually would want to do in the future.”

More than half a million people opted out of the licence fee in the BBC’s most recent financial year, contributing to a funding crisis for the British broadcaster.

Some 94% of the UK population use the BBC every month, but fewer than 80% pay the £180 annual licence fee. The BBC is attempting to bridge this gap and can no longer dip into its cash reserves to fund operations.

In comments earlier this month, BBC director general Matt Brittin said: “We can and should be doing as much as possible on [enforcing] licence fee collection under the current model, but it’s yesterday’s model, it’s a busted flush, it’s no longer fit for purpose, and that’s why we need to make the case for the BBC and a shift of the licence fee model.”

The BBC is in talks with the government about a new charter, which will likely lead to funding model changes. The BBC is not being prescriptive about what could replace the licence fee, but thinks the government should reconsider a compulsory household levy, which it previously ruled out.

Another idea under consideration is extending the licence fee to include subscribers to streamers like Netflix, Disney+ and Prime Video. The plan has already drawn the ire of the Motion Picture Association, representing U.S. streamers and studios.

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