The Vista twist: shares hammered despite positive news

The Vista twist: shares hammered despite positive news
Armor Wars will now be a movie instead of a straight-to-streaming series. (Image: IMDd)
Jenny Ruth
Positive news from the movie industry and from movie technology company Vista Group itself hasn’t been enough to stem a sharp slide in its share price.The latest news that Disney has decided to switch its Marvel product announced back in late 2020, Armor Wars, from a straight-to-streaming series to an actual movie appears to reinforce Vista’s view of the superior economics of cinema releases.“For me, this underlines that theatrical is a vital element of great storytelling and the economic model of movie making,” said Vis...

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