The announcement of a movie about Taylor Swift’s latest tour has alarmed major Hollywood studios, who have reportedly been left out of negotiations to produce it.
More than 3 months ago, Adam Aaron, CEO of AMC Theaters, spoke with Taylor’s father, Scott Swift. He is known to be a businessman and had a “crazy idea” to pitch to him, according to Puck News. Instead of Taylor working with a major Hollywood production and distribution studio, they wanted her to work directly with the movie company.
In the current labor climate, this commercial move came as a blow to Hollywood studios, which are already facing the effects of strikes by writers and actors, not to mention that Taylor had previously collaborated with Netflix to distribute Miss Americana and Reputation, making this an unprecedented move for her.
Although Taylor has never heard of AMC theaters, she struck a similar deal with Chance the Rapper in 2021, but it’s different now, Taylor’s Eras Tour has been a record success, and is likely to give the company a higher revenue increase than Chance the movie. Rapper.
In fact, the demand for ticket sales has been so great that organizers have had to implement a Ticketmaster-like queue to help manage fans trying to secure a seat in the theatres, and despite their best efforts, the website and app still crashes from time to time.
Matthew Belloni, former editor of The Hollywood Reporter, bet that this step may have angered the studios, especially since those studios are the company’s main partners.
Belloni reported that Taylor’s team is completely done with its negotiations with the studios. It is clear that they were “disappointed” by the ongoing discussions, according to the British newspaper “Mirror”.