A Late Quartet is a drama directed by Yaron Zilberman released in 2012.
- Cinemas
- Sky Box Office
- Curzon’s VOD service
- Curzon Home Cinema
- FilmFlex services
The release date was on April 5, 2013. It was released more conventionally on DVD and on other VOD services on July 29, 16 weeks after opening.
There was then a ‘premium window’ of simultaneous release this was on:
- Theatre
- Selected VOD platforms
This later contrasted with standard windows on:
- DVD
- Other VOD services
- Television
Facts and Figures
Specifically, the money was used for:
- Media spend (£148,000)
- The press campaign (£30,000)
- Online marketing (£10,000)
- Promotion through VOD channels (£15,000)
- A £100,000 support by the BFI Distribution fund.
A Late Quartet took £520,375 at the UK box office, well ahead of its stated £400,000 target, although VOD revenues of £25,000 were half of the £50,000 forecast.
The film focused on independent venues without targeting multiplexes, and the distributor had to accept that there would be a number of cinemas refusing to show the film given its release strategy.There are reasons, however, to believe that a wider conventional release might have generated higher revenues, given the relative success of the theatrical release and the under-performance of new media platforms, compared to forecasts.
A big issue in planning day–and–date launches, and indeed in drawing conclusions from them, is the lack of availability and transparency of new media data.
Planning and Execution
It was released in the US (by Entertainment One), two months before its UK opening (on April 5), grossing $1.56m (£1m) on a fairly limited release.
A facebook page was set up and gained 10,500 likes, the older demographic was drawn in through the established cast and music.Unlike many previous day–and–date experiments, A Late Quartet was a film with a target audience firmly in the mainstream of independent cinema-going culture.
A Late Quartet was released day–and–date through:
• Theatrical
• Sky Movies Box Office
• Curzon Home Cinema
• FilmFlex services, with Virgin and Film4
Marketing Strategy
- The media spend was £148,000, of which £70,000 was allocated to outdoor sites (rail and underground) and £38,000 on print advertising.
- Because of the target audience, the social media campaign was less central than for many releases aimed at younger demographics but the UK Facebook site generated 549 Likes. The US online marketing was still available, including a separate Facebook page and YouTube trailers (155,000 views for the HD release), which may have also played a part in raising awareness.
- One overall objective was to see if a new profitable window could be established, provisionally called by some ‘Premium VOD’. The idea is that audiences will be more responsive to, and hopefully pay more, for an on–demand screening of a film simultaneous with its theatrical release, in contrast with later VOD releases in conventional windows, generally around four months after a cinema debut.It was decided, however, to keep to the later conventional window for the DVD release for a variety of reasons, notably competition from similar titles in the marketplace, and the availability of supermarkets to stock the title.
- The loss of any multiplex support, due to day–and–date release, was considered less of an issue, given that it was Easter when the big chains were focused on family– oriented blockbusters, including The Croods, GI Joe and Jack The Giant Slayer.The non–theatrical platforms were expected to generate 10,000 buys in total, with the distributor taking half of the estimated £100,000 in revenues.
Marketing Strategy
The media spend was £148,000, of which £70,000 was allocated to outdoor sites (rail and underground) and £38,000 on print advertising.
The media campaign promoted availability on all platforms and the on– demand services. Which pushed the film strongly to be available on the same day as theatrical release.
Sky Box Office ran a series of advertisements and the multi–platform availability which was part of the print and poster campaign.
Because of the target audience, the film was aimed at a younger demographic. Facebook pages were used, youtube and 155,000 views on HD.
VOD releases in conventional windows were roughly 4 months after cinema debut. (premium VOD window) premium window released on 5th April. A later DVD release was agreed on because of competition of similar smaller titles and supermarkets recognising the title.
Premium–priced VOD at (in this case) £10, and normal VOD pricing at the 16–week mark.
Which created a gap between to the two different marketing strategies.
Expectations
Theatrical box office- High optimism of £400,000.By June 20, the box–office figure had reached £520,375, significantly higher than the original ‘high’ estimate of £400,000.
If a film is released in northern America, as a rule of thumb, the UK tends to take 10% of the Northern American box office.£2 million, £400,000 would seem a high expectation.The loss of any multiplex support, due to day–and–date release, was considered not a big isse, because it was Easter when the big chains were focused on family– oriented blockbusters, including The Croods, GI Joe and Jack The Giant Slayer.
Non-theatrical revenues of £100,000 expected. The strong theatrical support as opposed to home viewing was because of the audience demographic.
The other platforms delivered around £25,000, half of the expected £50,000 revenues for Curzon. Also DVD sales reached 6,435 (474 on Blu– ray)
The emphasis on the ‘premium’ window of simultaneous theatrical and VOD release meant that DVD sales were considered an unknown quantity by the distributor.
Word of mouth marketing, print advertising had the most effect on the theatrical audience.
Conclusions
- The release of A Late Quartet in cinemas was heavily concentrated (67.1%) on London
-
The £520,375 taken theatrically is more than half of the US takings, well over the 10% usually expected of such releases.
- Audience was mostly concentrated in cinem viewings, watching at home was a second option. There was an element of Boycott issues; where some cinemas refued to show the film.
Click to access bfi-insight-report-a-late-quartet-2013-10.pdf