thanks Sonny... I've been wondering if theaters can survive streaming. It will be very tough. If I owned theater chains, I'd have sold them by now. Even the restaurant theaters are having trouble surviving. We're all buying bigger and bigger Big Screens, and installing luxury seating to recreate the theater experience at home, right in o…
thanks Sonny... I've been wondering if theaters can survive streaming. It will be very tough. If I owned theater chains, I'd have sold them by now. Even the restaurant theaters are having trouble surviving. We're all buying bigger and bigger Big Screens, and installing luxury seating to recreate the theater experience at home, right in our living rooms. And young people just watch their phones. IMAX maybe? We can't do that at home yet...
The answer is pretty simple, really: you have to have release windows where movies are exclusive to theaters. Every time the window shrinks a little, a certain percentage of audiences are trained to just wait a little while to watch it at home. Theaters cannot survive a world of simultaneous at-home and in-theater releases (aka, "day and date" releases), it's as simple as that.
Right, that totally makes sense... except that studios and even indy producers need to maximize profits. They already make concessions to theaters by delaying streaming. Will they really want to protect theater chains to the point of leaving money on the table? I don't think so.
Theaters might want to consider shifting more toward private events... party venues... I hate to say this, but it might be time to let big movie theaters go (except in LA... some of those are like churches and should be preserved,) but as a business? It's possible movie theaters will become obsolete. Not in 2023... but by 2030... I could be wrong, but just following the trajectory...
thanks Sonny... I've been wondering if theaters can survive streaming. It will be very tough. If I owned theater chains, I'd have sold them by now. Even the restaurant theaters are having trouble surviving. We're all buying bigger and bigger Big Screens, and installing luxury seating to recreate the theater experience at home, right in our living rooms. And young people just watch their phones. IMAX maybe? We can't do that at home yet...
The answer is pretty simple, really: you have to have release windows where movies are exclusive to theaters. Every time the window shrinks a little, a certain percentage of audiences are trained to just wait a little while to watch it at home. Theaters cannot survive a world of simultaneous at-home and in-theater releases (aka, "day and date" releases), it's as simple as that.
Right, that totally makes sense... except that studios and even indy producers need to maximize profits. They already make concessions to theaters by delaying streaming. Will they really want to protect theater chains to the point of leaving money on the table? I don't think so.
Theaters might want to consider shifting more toward private events... party venues... I hate to say this, but it might be time to let big movie theaters go (except in LA... some of those are like churches and should be preserved,) but as a business? It's possible movie theaters will become obsolete. Not in 2023... but by 2030... I could be wrong, but just following the trajectory...