AMC Theaters to offer money back on "Cinderella Man"

[Granite]

From Yahoo!

In a rare marketing ploy, the No. 2 U.S. movie theater chain, AMC Entertainment, is offering a money-back guarantee for boxing picture "Cinderella Man," hoping to boost interest in the struggling film amid a record box-office slump.

Advertisements offering on-the-spot refunds to AMC patrons unhappy with the film began running on June 24 in newspapers and on the exhibitor's Web site (www.amctheaters.com), AMC spokeswoman Pam Blase said on Tuesday.

The ads, welcomed by the film's distributor, Universal Pictures, say in part: "AMC believes Cinderella Man is one of the finest motion pictures of the year!"

Blase said AMC provides occasional rebates to dissatisfied moviegoers on a case-by-case basis. But the "Cinderella Man" offer marks the exhibitor's first money-back guarantee since "Mystic Pizza," Julia Robert's breakout 1988 film.

"This is highly unusual," said Paul Dergarabedian, president of box office tracking service Exhibitor Relations Inc. "That's putting your money where your mouth is."

The AMC promotion is perhaps the most eye-catching step taken by exhibitors in recent weeks to shake up sluggish movie admissions, which some industry observers have attributed in part to a string of films widely regarded as subpar.

The major studios and theater owners have now posted 18 straight weekends of year-to-year declines in ticket sales, the longest slump since analysts began keeping detailed box office tallies.

"If there's a question about the quality of movies that are being shown right now, here is a movie that AMC would like to really tout as very high caliber," Blase said.

Starring Russell Crowe as the Depression-era boxing hero Jim Braddock, "Cinderella Man" has received generally favorable reviews but fallen flat at the box office.

The movie, which cost a reported $88 million to make, opened in fourth place the weekend of June 3-5 and has grossed a lackluster $49.8 million through its fourth weekend.

Executives at Universal, a unit of General Electric Co., have acknowledged they took a gamble releasing a period drama aimed at adult moviegoers early in a summer movie season awash in high-octane popcorn fare targeting younger audiences.

Conventional wisdom holds that such films have a better chance in mid- to late-summer, when older filmgoers are looking for a break from blockbusters.

"We took a risk, and this time period clearly didn't work," Universal spokesman Paul Pflug told Reuters, adding that the studio is considering re-releasing the picture in the fall, closer to Oscar season.

Blase said the AMC has not decided how much longer to keep "Cinderella Man" in theaters, a decision that Universal said was up to individual exhibitors at this point.

The number of refunds requested since the promotion began has been "minuscule," but no figures were yet available, Blase said. Nor was there any way to tell whether admissions to "Cinderella Man" have risen since the offer began, she said.

The AMC promotion comes days after the privately held exhibitor announced plans to acquire its next-largest rival, Loews Cineplex Entertainment Corp. The newly merged venture will remain the No. 2 U.S. theater chain with about 5,900 movie screens in 450 venues.

[redbear]

wow...that movie must really be bad if they are publicly offering a refund. glad i have no desire to see it....

[chernabog_ca]

Thing is the movie is amazing. It's one of the best films I've seen and I think it's probably the most inspiring sports movie, yes even more than Rudy. I just don't think people have given it a chance. I was surprised that it was released when it was thinking that it would have made a good November release, maybe in time for US Thanksgiving and have a solid run through Christmas and then onto the Oscars where I'm certain it will be.

[d8cam]

He's right, its terribly underwatched and amazing.

[trailergod]

yeah ... they are soo desperate in earning money for this movie... the german title for this movie is "das comeback" .... even if the current title in english is easy to understand...

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[ricedude]

Definately my next see movie.



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[Fed7haS]

I cant understand why a movie like this is strugeling... have ppl lost there minds? ill bet the next "bring it on for the 3erd time" or "I know what you did last summer 9" and all the other crap movies out there will make plenty of money... but for some reason a work of art like this is in so mutch trouble that they need to use tactics sutch as this... i watched the movie 2 times.. 1 time with a mate and 1 time with my girlfriend so i hope my 2x ticket prices help this movie and i will 110% get the DvD... this is by far one of the best movies of this year.. together with Der Untergang and Sin City..

So go se it ffs ppl a move like this deserves your money..

fed7haS

[hollyweirdoe]

Sadly, i have heard fromm so many people that its a good film, but I just really dont want to see the cocky Ausie in another film. I dont even know if i will rent this one.

[Shrubz]

I can't explain it... I just have so little desire to see it. I know it's supposed to be amazing but... I just don't care! Do a better job, marketing team!

[Jean-Pierre Bazinet]

You hit the nail on the head Mark.
Marketing.

Another example of horrible marketing: The Island

First Michael Bay movie not backed by Bruckheimer and look what happened.

[MvTrlrMsc]

Watch this movie no matter what get nominated best picture of the year / best actor / best director. I have no interest in this movie & while I agree the marketing for The Island was terrible. All trailers besides the very VERY first US Teaser give away the twist. While The Island was still a good movie but the trailers totally ruined it it is no surprise that it is a flop. The best trailers for The Island were the first Domestic & International Teasers they were BEAUTIFUL & got you interested in it. But all other trailers completely RUINED THE MOVIE.

[lauralust]

I'll watch this movie for free