Wonder Woman Out Dec 16th

[Wishbone]

Given the obsolescence of the Paramount Consent Decrees as well I imagine there might be some studios who purchase theater chains to serve as marquee venues for their films on the other end of things as well. Theaters are really in a bind.

The demise of movie theaters, much like the end of the world and the falling of the sky, has often been predicted, but not yet realized. Some of the points where this was touted:

• The advent of television
• Cable TV
• Pay TV channels like HBO and Showtime
• VCRs and movies on VHS
• Netflix (when they first started, renting DVDs by mail)
• Internet streaming in general
• And now streaming services

I believe the idea of seeing movies on large screens and with larger audiences than one can have in the home will still have appeal. I admit that there are some people who will prefer viewing all movies at home, but there are still grognards like me who like to see films on massive IMAX screens (really - I cannot understand how people want to want to watch movies on their phones). Until we die off (or until I can get an IMAX-sized TV in my non-IMAX-sized home), theaters will still do OK.

Indeed, Michael T. Osterholm predicted the impact of a pandemic on the industry in Foreign Affairs in 2005: "Many industries not critical to survival—electronics, automobile, and clothing, for example—would suffer or even close. Activities that require close human contact—school, seeing movies in theaters, or eating at restaurants—would be avoided, maybe even banned."

 

[Zsong]

The demise of movie theaters, much like the end of the world and the falling of the sky, has often been predicted, but not yet realized. Some of the points where this was touted:

• The advent of television
• Cable TV
• Pay TV channels like HBO and Showtime
• VCRs and movies on VHS
• Netflix (when they first started, renting DVDs by mail)
• Internet streaming in general
• And now streaming services

I believe the idea of seeing movies on large screens and with larger audiences than one can have in the home will still have appeal. I admit that there are some people who will prefer viewing all movies at home, but there are still grognards like me who like to see films on massive IMAX screens (really - I cannot understand how people want to want to watch movies on their phones). Until we die off (or until I can get an IMAX-sized TV in my non-IMAX-sized home), theaters will still do OK.

The cherry coke and popcorn at the cinemas is so goood!

 

[trappedslider]

Disney still has Black Widow in their back pocket to do something with....

 

[Zardnaar]

Future probably will be streaming but it might kill off the big budget movie.

When you can film an entire season for half the price of said movie. And it's the weekly model that keeps people addicted.

Netflix original movies tend to suck but they're doing great with series.

This breaks down the financials and how things work.


Basically if Disney+ grows and is similar in size to Netflix it will make more money than the rest of the corporation put togather.

On current growth projections they will get there in a few years.

Netflix is losing money because they're paying to much for licensing but that will change as the develop more in house.

I'm not expecting WW84 to do that well through no fault of its own.

 

[Morrus]

Future probably will be streaming but it might kill off the big budget movie.

I don't think that's a bad thing. Spearheaded by the likes of Disney, mid-budget movies have pretty much been stamped out in recent years. A pendulum swing would be welcomed by me.

 

[Zardnaar]

I don't think that's a bad thing. Spearheaded by the likes of Disney, mid-budget movies have pretty much been stamped out in recent years. A pendulum swing would be welcomed by me.

Yeah might not be a bad thing if it happens it is what it is.

Alot if those 80s hit movies were filmed reasonably cheap even adjusted for inflation. More variety, diversity and innovation would be nice.

 

[Rabulias]

I was thinking the opposite. Big budget, "experience" movies might be the only movies that draw the streaming people in to theaters. People could watch the Downton Abbey movie or a low-budget comedy film on a TV, but I think more would want to watch Avengers: Endgame or Dune on a big screen.

 

[Zardnaar]

I was thinking the opposite. Big budget, "experience" movies might be the only movies that draw the streaming people in to theaters. People could watch the Downton Abbey movie or a low-budget comedy film on a TV, but I think more would want to watch Avengers: Endgame or Dune on a big screen.

Those big budget movies also have big budget advertising budgets.

Means they have to break 500 million or so to break even.

And looks like more theatres are going to be closed.

Tenet got $300 iirc at the box office and I think Mulan got 90 million on streaming.

Those were the biggest hits post Covid.

They tried selling Bond to streamers for $600 million best offer was $300 million.

Wonder Women 84 is the next Canary in the coalmine to test it out. We'll know more once it's released.

 

[ccs]

Why would you invest in movie theaters though when they're probably on the way out anyway?

Because there's still enough $ to be made before that fully happens.

 

[Zardnaar]

Because there's still enough $ to be made before that fully happens.

Guess we will find out in a few more days.