Will COVID-19 end theatrical movies

[thwhtGuardian]

How can argue with well known fact? You can’t debate that something didn’t happened when it already happened.
We can debate the severity or why there’s a drop in attendance as other have rightfully done.


P.S. Tickets prices has risen 63%, not 14%.

We discussed this, the inflation rate over that period was 48% which means the current cost is only 14% more than inflation so it is a real feel 14% raise in actual price. That's a flat fact.

Just own it. You were mistaken when you said that the price of movie tickets was three times what it once was, when the reality is that they are only slightly more than previously. Like I said being able to admit you were wrong won't get you made fun of, it'll actually make people respect you.

[PD98]

P.S. Tickets prices has risen 63%, not 14%.

You want to know what else has gone up in price over the last 40~ years? EVERYTHING!!!! Everything has gone up because of inflation and when you cancel out the rate of inflation on ticket prices you see that overall there really has only been a 14% increase in ticket prices. Do you live in a world where inflation doesn't exist, because the rest of the world does and knows that it has to be taken into account for estimating how much something cost or made. Hell, even pages that list the most expensive or highest box office movie or highest-grossing franchise will sometimes list the placement when taking inflation into account, like how if inflation was put into account Gone With the Wind would still be the highest-grossing movie of all time with 2nd place Avatarbeing nearly 500 million dollars away.

[Gaastra]

Box office update--Fast 9 not only did well it did better then hobbes and bad boys 3 did opening weekend!

Saturday AM Update: Universal’s F9 grossed in one day what some movies have made in a weekend during the pandemic, earning $30M on Friday, on its way to a 3-day of $68M. No question about it, that’s the best opening day and weekend we’ve seen during the pandemic, and more proof that moviegoing is getting back on its feet.

How is that? F9‘s opening day and weekend are ahead of such pre-pandemic hits as Sony’s Bad Boys for Life (opening day $23.6M, $62.5M 3-day) and even Universal’s Fast & Furious spin-off, Hobbs & Shaw ($23.6M opening day, $60M opening).

Overall, the domestic weekend box office is set to hit $95.4M, +105% from last weekend, and the best Friday-Sunday we’ve seen during the pandemic, even beating the $80.8M grossed over the first three days of Memorial weekend.

Note--

Any of the entertainment financial analyst naysayers who aren’t impressed by this weekend’s results and claim that we’re far from opening a movie at $100M need to digest the obvious: F9 in the tenth movie in a franchise that is ten years old. The fact that F9 is posting results ahead of Hobbs & Shaw is impressive enough.

https://deadline.com/2021/06/f9-spee...ic-1234781577/

So great weekend for the box office this week. Wonder how black widow will do now.

[Amadeus Arkham]

Box Office: ‘F9’ Zooms to Mighty $70 Million Debut, Shattering Pandemic Records

The only thing stronger than family? The box office debut of “F9,” the latest entry in Universal’s “Fast & Furious” saga.

After many delays over the course of a year and a half, “F9” opened to a mighty $70 million from 4,179 North American venues. That’s by far the biggest start for a movie at the U.S. box office since the onset of COVID-19.

The big-screen homage to hulking men, speedy cars and gravity-defying stunts is giving some much-needed momentum to the movie theater business, which has been struggling to rebound as audiences begin to feel comfortable returning to their local multiplex. “F9” is the latest blockbuster-hopeful to set a new box office benchmark for COVID times. Prior to this weekend, Paramount’s “A Quiet Place Part II” held the pandemic-era opening weekend with $48.3 million in inaugural ticket sales.

F9” wasn’t expected to reach the opening weekend heights of its franchise predecessors because attendance hasn’t returned to pre-COVID levels and the Canadian box office, which accounts for part of North American revenues, is still almost entirely shut down. In terms of “Fast” series launches, “F9” has a slight edge on the 2019 spinoff “Hobbs & Shaw,” which generated $60 million and ended its theatrical run with $173 million in the U.S. and $759 million globally. The previous film in the core series was 2017’s “The Fate of the Furious,” which opened to $98 million and ultimately grossed $226 million in North America and $1.2 billion worldwide. The 2015 entry “Furious 7” marked a franchise high, posting a huge $147.2 million in its first three days of release, on its way to $353 million at the domestic box office and $1.5 billion globally.

David A. Gross, who runs the movie consulting firm Franchise Entertainment Research, says the inaugural weekend of “F9” is “an excellent opening in an extraordinary series.”

“During the last month, moviegoing has shown flashes of real strength, including this weekend and ‘A Quiet Place 2,’ but it has also been tentative,” Gross says. “‘F9’ and ‘A Quiet Place 2’ are the cleanest reads of what the business can do now — both strong series and pure theatrical releases/no streaming.”

Gross is referring to Disney’s “Cruella” and “Raya and the Last Dragon,” as well as recent Warner Bros. titles like “The Conjuring: The Devil Made Me Do It” and “Godzilla vs. Kong.” Those movies have been chugging along on box office charts, but their grosses come with an asterisk because they’re also available on streaming platforms. Alternatively, options such as “A Quiet Place Part II” and “F9” have benefitted from the fact that moviegoers can only watch them in theaters. After 45 days on the big screen, “A Quiet Place Part II” will move to the fledgling streaming service Paramount Plus, while “F9” will be offered on premium video-on-demand platforms after a similar period of time.


Overseas, “F9” has been a force with international audiences as ticket sales surpass the $300 million mark. The movie added another $38 million from 45 foreign markets, boosting its tally to $335 million internationally and $405 million globally. Although COVID-era restrictions and consumer hesitations mean “F9’s” overall box office totals will likely fall short of past “Fast” installments, the action adventure didn’t cost any less to produce — or market and promote on a global scale. That means the $200 million-budgeted film will have to sell plenty of online rentals, in addition to movie tickets, to get in the black.

[Gaastra]

It's getting reported that black widows pre ticket sales are up to $70m! Keep in mind disney plus will cut into it's box office sales.



It's getting talked about from the insiders but no big sites like deadline confirming it yet so take it as a rumor till it gets confirmed.

[luprki]

Simple...

It is only "Fact..." if you ignore the years before 1998 and focus on around five years of a twenty-five year stretch of time.

Once you stop doing that?

The other twenty years are always in the same general ballpark before Covid threw the numbers off.

You are still trying to argue with facts. The fact is box office attendance has been dropping since 2002 where it peaked. I’m not concerned about 1998, this drop is happening in the present day.

We discussed this, the inflation rate over that period was 48% which means the current cost is only 14% more than inflation so it is a real feel 14% raise in actual price. That's a flat fact.

Just own it. You were mistaken when you said that the price of movie tickets was three times what it once was, when the reality is that they are only slightly more than previously. Like I said being able to admit you were wrong won't get you made fun of, it'll actually make people respect you.

I am owning it, 63% is still and will always be 63%. 63% doesn’t feel like 14% and it never will.
The actual inflation rate is already too high, and 14% over that is ridiculous too high.

[thwhtGuardian]

You are still trying to argue with facts. The fact is box office attendance has been dropping since 2002 where it peaked. I’m not concerned about 1998, this drop is happening in the present day.



I am owning it, 63% is still and will always be 63%. 63% doesn’t feel like 14% and it never will.
The actual inflation rate is already too high, and 14% over that is ridiculous too high.

The drop is statistically negligible though, 1.3 and 1.5 just aren't that different as far as values go.

As for inflation, well you live in reality not your own fantasy land so you don't get to make up the rules.

It's only 14% higher than the rate of inflation so that's the real feel price adjustment. That's just an objective fact that can't be argued. You may not like inflation, and you may feel the price of movie tickets is too high but your feelings , and personal preferences on the matter are not objective fact. That doesn't mean you can't voice your opinion, but just know that doing so is different than stating actual facts and are naturally going to be treated differently by others.

[luprki]

Anything over the inflation rate is too high and overpriced, that’s just plain common sense, that’s Economic 101.

[thwhtGuardian]

Anything over the inflation rate is too high and overpriced, that’s just plain common sense, that’s Economic 101.

...it's not actually. Again that may be your personal feeling on the subject, but that's very different than an objective fact.

[numberthirty]

You are still trying to argue with facts. The fact is box office attendance has been dropping since 2002 where it peaked. I’m not concerned about 1998, this drop is happening in the present day.

...

Sure, because the actual bigger picture doesn't actually reflect what you are suggesting is taking place.

Even if someone wants to try to ignore the years before 1998?

You really don't even need them.

In the ten years since 2011?

The numbers have essentially been stable. Some years where they went up a bit and some years where they went down a bit, but essentially stable.

The idea that it "Has Been..." dropping is flawed because you have to ignore that it roughly leveled out a decade ago if you are trying to create a situation where an ongoing drop is actually taking place.

[numberthirty]

Anything over the inflation rate is too high and overpriced, that’s just plain common sense, that’s Economic 101.

How does your personal belief that it is overpriced play into the bigger picture?

As I said a while back, let's say that I believe that a current Ford F-150 is overpriced.

If the market will sustain that price year in/year out?

"Economics 101..." says that it will get along just fine, no matter what my person belief is.

[PD98]

Anything over the inflation rate is too high and overpriced, that’s just plain common sense, that’s Economic 101.

And yet since people by in large don't care about paying (what?) an extra 10 cents, by that logic Netflix and the rest of the streaming services are also too "high and overpriced" since they have also had price increases that aren't inflation-related and just they knew people would keep paying despite the increase to their streaming bills. So by your own logic streaming will also see a decline few years for being "too high and overpriced".

[Gaastra]

Speaking of streaming. UK says netflix and disney plus are the same as cable tv and need to go by the same rules as cable!

Uh-uh for streaming over in the uk.

We need to level the playing field and address one blatant disparity forcing traditional broadcasters to compete with one hand tied behind their backs,” said Culture Secretary Oliver Dowden, writing in The Times. “Every ‘linear’ broadcaster — BBC, Sky and so on — has to comply with stringent content and audience protection standards.

https://variety.com/2021/tv/global/n...on-1235003248/

So to the uk streaming is just a fancy cable channel like hbo and showtime.

[Wildling]

Speaking of streaming. UK says netflix and disney plus are the same as cable tv and need to go by the same rules as cable!

Uh-uh for streaming over in the uk.



https://variety.com/2021/tv/global/n...on-1235003248/

So to the uk streaming is just a fancy cable channel like hbo and showtime.

For that matter, Cruella debuting on Disney+ in France, where it's already available, at the same time as theaters would actually have been *Breaking the Law, Breaking the Law there, so it debuted in theaters only, to #1 place this weekend.

*Cruella 2 has to have a Judas Priest soundtrack

[Gaastra]

They were talking on one of the movie shows and looks like all disney films are banned in all three main germany theatres over the same day as disney plus stunt!

So no black widow in germany main three theatres as long as disney is still doing the same day stunt.



It's getting reported amc ticket sales thanks to fast 9 and black widow pre orders have shot up. More people went to amc this week then all year. Stocks jumped up again. Amc had a good weekend.

https://markets.***************.com/...1-6-1030559968