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Is this the year that theaters die?
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<blockquote data-quote="embee" data-source="post: 8211124" data-attributes="member: 7026827"><p>That's a problem, not a solution.</p><p></p><p>You don't just pivot to that. You shut down your theatre for 6 months to do the renovations and upgrade. While doing that, you incur additional costs of renovations, while taking in less or no revenue. You need to upgrade food preparation systems to make the expanded menu offerings and have R&D costs in developing those menu items.</p><p></p><p>And, when you're done, you now have more debt and have to justify the higher ticket prices that you need to pay for the renovation to a public that already complains about movie ticket prices.</p></blockquote><p></p>
[QUOTE="embee, post: 8211124, member: 7026827"] That's a problem, not a solution. You don't just pivot to that. You shut down your theatre for 6 months to do the renovations and upgrade. While doing that, you incur additional costs of renovations, while taking in less or no revenue. You need to upgrade food preparation systems to make the expanded menu offerings and have R&D costs in developing those menu items. And, when you're done, you now have more debt and have to justify the higher ticket prices that you need to pay for the renovation to a public that already complains about movie ticket prices. [/QUOTE]
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Is this the year that theaters die?
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