The end of Paramount Consent Decrees could eventually make your local theater a Disneyplex. Other articles and videos you might like. Movie theater chain AMC warned the public on Wednesday that it may never reopen because of the coronavirus pandemic. Movie theaters are in trouble, and it's hard to see how things will get better any time soon. AMC has over 8,000 theaters, making it the biggest movie theater … Why Movie Theaters Are In Trouble After DOJ Nixes 70-Year-Old Case Submitted by Digg 6 months ago. That means that nearly 200 movies that the indies made last year — won’t be made this year. By Off Script Podcast. The movie business has a reputation for being recession-proof. They watch the latest films on the big screen. August 11, 2020. You can pause the movie when you need a drink or take a piss and not miss any of it. Anyway, the second reason for why the theater model is failing is more interesting because it’s far more obvious and yet often overlooked, even though it’s right there in front of us: most movie theaters suck. Yes, going out to the movies … Plus Icon. Source: Ars Technica. With Disney’s Fox Deal, It’s Double. The coronavirus pandemic has devastated the theatrical exhibition marketplace. View Issue. Since March, the company has shuttered its theaters … View all comments. Clip from Lew Later (iPhone 12 Fast Charging Details Emerge) - https://youtu.be/FrZg4d9bwm4 Subscribe. Cinema owners said they understood why … Because of the COVID crisis, most movie theaters closed for the summer, and even when they reopened, they were forced to close again because there were simply no movies. 6 + digg. Why movie theaters are in trouble after DOJ nixes 70-year-old case. Regal Cinemas, the second-largest theater chain in the United States, is once again going to suspend operations. They have spent this year bleeding money and trying to stave off bankruptcy.” — Peter Kafka, Vox. Why movie theaters are in trouble after DOJ nixes 70-year-old case People love to go to the movies. According to Kiplinger in September 2020 , retail, restaurants and oil and gas drillers were in even worse shape than movie … Since major movie theaters began to reopen on Aug. 21, the North American box office has garnered just $123.6 million in ticket sales, according to data from Comscore. Login. The No. Regional chain Southern Theatres has become the … Brent Lang Executive Editor of Film and Media. You can have the same theater experience at home on your 65" 4k tv and 7.1 surround sound. Author: Kate Cox. Notify of {} [+] {} [+] 0 Comments . Why Movie Theaters Are Getting Into the Streaming Game. Close . The Reckoning: Why the Movie Business Is in Big Trouble By Brent Lang. Movie theaters are in trouble because 55″ television sets are selling for less than $300. Movie theaters are in a tough spot; it's cheaper to keep theaters closed, but to keep them closed means no revenue at all. The core product is exactly the same. Movie-theater attendance is down to a 19-year low, with revenues hovering slightly above $10 billion—or about what Amazon’s, Facebook’s, or Apple’s stock might move in a single day. Conner rejoins the podcast for a very special episode, where the guys talk all things movie theaters. The movie business is always changing, but these days it can be difficult to tell the difference between struggle and outright decline. The short answer is –because DVD sales have plummeted. Things are looking equally dour for AMC, the biggest theater chain in the country. But many movie theaters are closed because of the COVID-19 pandemic. The end of the pandemic won’t save movie theaters “While movie theaters expect to open again in 2021, they will do so in a very weakened state. Movie Theaters are in Trouble...Now What? I went to a ten o’clock screening of Downton Abbey the other night and had the theater all to myself, not a single other person was in that theater. Coverage Type: Analysis. This was a huge source of revenue for the studios. Major movie theater chains have responded to the pandemic by putting COVID-19 protocols in place. Why movie theaters are in trouble after DOJ nixes 70-year-old case (0 votes, average: 0.00 out of 5) Is the movie theater industry in dire financial trouble? by Jeremy Fuster | May 14, 2021 @ 6:00 AM . Why Studios Are Still Unsure About Putting Big Movies in Theaters After ‘Tenet’ Opening Weekend. Public health experts assess the risks. Audiences may prefer in-home viewing after the pandemic is over “We have learned to live without movie theaters. A federal judge agreed to the Department … BrentALang. Will Ebiefung (TMFwillebbs) Jun 16, 2020 at 11:56AM Author Bio. Even when the economy’s in a downturn, people want entertainment. Why movie theaters are in trouble after DOJ nixes 70-year-old case Please leave a comment or rate this image! The relationship between studios and movie theaters may seem strained, but both businesses are working together to keep the box office alive. DAVID ZAITZ—GETTY IMAGES. A new survey suggests many people won't be going to movie theaters as they used to for several reasons. But why are the studios firing so many people? Theaters have had issues for decades now. Some have stayed open. Music and Theater; Theaters in Trouble December 17, 2020 Allison Singer. Movie Theaters Could Face Big Trouble with Low Attendance Once They Reopen. 3. Posted by 2 years ago. So that explains why jobs are being lost in the independent world. They eat buttery popcorn and sit in cushy seats. The rule that prevented a studio from buying up a major theater chain is now gone—opening up the possibility that your local cinema could go whole hog and become a true Disneyplex before you know it. Most articles I read (and of course Moviepass’s own stated logic) suggest that ticket sales are down year after year, attendance is down, and Netflix keeps everybody at home now. Is the movie theater industry in dire financial trouble? This summer, movie fans are finally able to return to theaters, with a selection to satisfy everyone’s taste buds. Movie Theaters Were Already in Trouble. Why movie theaters are in trouble after DOJ nixes 70-year-old case. Movie theaters are in good, or rather, bad, company. (0 votes, average: 0.00 out of 5) Movie theaters are at a crucial point in their lifecycle. If anything’s “killing” movie theaters, it’s the uncertain world that surrounds them, and there’s only so much people can do about that. Archived. by Jeremy Fuster | September 9, 2020 @ 11:15 AM … The downward trend in ticket-purchasing is a compounding problem for movie theaters, as they only receive a percentage of ticket sales to begin with. I was reminded of this tonight as I’m on the road, and as such, away from my usual go-to, great theater. 1 movie was a holdover, “Onward” (Disney-Pixar), which sold about $10.5 million in tickets in its second weekend — a 73 percent decline from its first three days in theaters. Blame technology. The end of Paramount could eventually make your local theater a Disneyplex. But ticket … Warner Media claims that simultaneous release on HBO Max and movie theaters is a temporary measure in response to Covid-19. A movie theater is showing the exact same movie we can (eventually) see on our home theaters. But theater owners see it … When you purchase a ticket, the majority of your money goes to the studio that produced the film. Inline Feedbacks. LANDING THE PART Facebook Twitter Copy link. The 2019 box … 200 movies!!! They laugh with friends and family. 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