Sony, Lions Gate jockey to seize on pre-election interest
Sony Corp. plans to announce as soon as Friday an early home-video release of the controversial film "Fahrenheit 9/11" before November's U.S. presidential election, a move that's likely to boost sales while advancing creator Michael Moore's political agenda, according to people familiar with the matter. Sources close to Sony (SNE: news, chart, profile) said videotapes and DVDs of the hugely successful movie -- a scorching indictment of George W. Bush's presidency -- will be in stores before Americans go to the polls Nov. 2.
Most films are released to video in four to six months, and some take at least 10 months. The three-month timeline of an early October release is usually reserved for box-office flops that studios want to trot out quickly on the coattails of their theatrical-advertising campaigns. Released to theaters June 23 by Lions Gate Entertainment (LGF: news, chart, profile), the film is winding down a $100 million-plus box office run, a record for a documentary. Sony, which has home-video rights to the film, has given no official release date, though Oct. 5 is the projected release date currently listed online at Amazon.com (AMZN: news, chart, profile).
In hastening the movie to video roughly three months after its debut, Tokyo-based Sony is seizing on an unusual opportunity -- marked by cheap publicity in part because of heightened interest on the eve of the presidential election. If it waits until after the vote, home-video sales likely would be far lower -- especially if Bush loses, experts said. "If I had the marketing responsibility, I would much rather bring it out before the election," said Bob Alexander of Alexander & Associates, a home-entertainment research and tracking firm.Sony's early video release potentially would cut into any hopes Lions Gate has for maximizing its own box-office take.
Whatever the exact date of the video debut, a pre-election release is sure to please Moore.
Moore couldn't be reached for comment. However, he has made no secret of his desire to sway election with his film, a muckraking attack on Bush's family ties to Saudi oil interests, the war in Iraq and the disenfranchisement of African-American voters.
Moore has gone so far as to encourage people to illegally download the movie from the Internet to get the widest possible distribution.
Although "Fahrenheit 9/11" has broken box-office records, that kind of success isn't guaranteed in the home-video market, experts say.
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