Vue cinema boss: I don't see streaming as the competition

The boss of one of the UK's biggest cinema chains says he does not see streaming services and home entertainment as competition.

Tim Richards, the founder and chief executive of Vue International, says film studios tried to "circumvent" cinemas during the pandemic but lost "hundreds of millions of dollars" as a result.

"I think the studios certainly learned that we are in one small ecosystem, we all need each other," he told the BBC's Big Boss Interview podcast.

Rival cinema chains have a constructive relationship too, he says: "We are fairly open in terms of trading best practices. We want to have a message that cinemas are a great place to have a good time."

Richards spoke of the turbulence of the last five years for the film industry.