Initial Theatrical Release definition

Initial Theatrical Release of a Picture shall mean the first day of its initial theatrical release anywhere within the Territory, but specifically excluding film festivals, test and marketing previews, so-called “sneak” previews, free and/or charitable screenings, private, limited screenings, and releases made on no more screens and for no longer than required in order to comply with Academy Award qualification rules, regardless of whether an admission fee is charged.
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Initial Theatrical Release means the earliest date a Picture was generally released in more than ten (10) motion picture theaters in the United States, excluding sneak previews, screenings primarily for award consideration, test screenings, or other special engagement screenings.
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Examples of Initial Theatrical Release in a sentence

  • If Licensor reasonably believes that any Qualifying Films will fail to meet at least one of the Minimum Requirements, Licensor shall provide STE with a notice setting forth such information within 30 days of such Qualifying Film’s Initial Theatrical Release.

  • Such schedules shall include all information relevant to TWC as distributor regarding each such property including, without limitation, tentative title and underlying rights (including without limitation drafts of treatments and/or screenplays), key creative attachments, and development or production status (including without limitation greenlight date, actual or scheduled commencement of principal photography date, and scheduled Initial Theatrical Release date).

  • By way of example, the License Fee for a Delayed Release Picture which has an Initial Theatrical Release thirty-six months after the completion of principal photography would be reduced by a total of fifty percent (50%) (32% + 18% [1.5% x 12]) of the License Fee otherwise applicable to such Delayed Release Picture as set forth on Exhibit A.

  • For each Delayed Release Picture which has its Initial Theatrical Release more than forty-two months following the completion of principal photography, STE shall have neither the right nor the obligation to license such motion picture hereunder.

  • Notwithstanding anything to the contrary herein, a motion picture which would otherwise qualify as a Picture hereunder but which is exhibited by PPV or VOD (but not any other form of exhibition) by Licensor during the Term in the Territory up to 30 days prior to or concurrently with its Initial Theatrical Release shall be included as a Picture hereunder.

  • With respect to Pictures having an Initial Theatrical Release in 2014 or later (but during the Term): (i) all “A” Films, subject to a cap of not more than 25 such films released per Year, (ii) all SPC Films, subject to a cap of not more than 15 such films released per Year; and (iii) all “B” Films, subject to a cap of not more than 5 such films released per Year, of which not more than 2 may be Third Party Rent-A-System Films.

  • Notwithstanding the foregoing, the ^ for the Theatrical Release Pictures named in Exhibits A through D (the "Initial Theatrical Release Picture(s)") shall be as provided in each of Exhibits A through D.

  • STE may exercise its rights under this Section 7 in connection with its Pay Television and SOD rights hereunder (i) upon a Picture’s Initial Theatrical Release for trade advertising and (ii) commencing ninety (90) days prior to the commencement of each License Period for consumer advertising and promotion.

  • If, notwithstanding the attempts of Licensor or such Licensor Affiliate using reasonable efforts, Licensor or such Licensor Affiliate is unsuccessful in obtaining such Pay Television rights or in preventing an extension or change in an existing agreement, it shall not be prohibited from theatrically distributing such motion picture(s), and such motion pictures (regardless of whether their respective Initial Theatrical Release occurs during the Term) shall not be licensed hereunder.

  • Up to one Picture with a General Theatrical Release (or, if no General Theatrical Release has occurred, Initial Theatrical Release) in each of 2012 and 2013 may have a License Fee of greater than $15.44 million, but in no case more than $19.69 million, in each case as determined in accordance with the rate card under I.A.2 above.