Fred Kogel of German Studio Leonine on Why He's Betting on Cinemas Post-Pandemic

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Fred Kogel of German Studio Leonine on Why He's Betting on Cinemas Post-Pandemic
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Leonine will be bringing the first new films into theaters post-coronavirus with 'Guns Akimbo' and 'Unhinged.'

as well. We wanted to give a clear signal for the cinema owners and for cinema fans by showing big, new films and not just re-releases. We need films that have the potential to bring people back to the theaters.Of course. We expect that the maximum capacity of theaters will be around 20-40 percent.

At the moment, its very speculative. We're going to go full out with these two films: To do whatever we can to make them work at the box office. But we're all looking in the crystal ball right now. We're optimistic by nature, we wouldn't be in this business otherwise, and we're optimistic that film fans will want to come back to cinemas. But we're all going to have to see what the impact of reduced capacity cinemas will be.

Going into the virtual market in Cannes do you expect home entertainment and digital revenues to play a bigger role in your calculations about what films to buy? What hasn't been good for business was having so many releases. In Germany last year we had almost 900 theatrical releases. No one wanted COVID but this crisis might act as a corrective and decrease the number of releases. I think, initially, we're going to see it will be the major releases, the really big titles, that draw people back to the theaters. The smaller and mid-sized arthouse titles will initially have a much tougher time of it.

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