Will COVID-19 end theatrical movies

[regnak]

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

LOL somebody on this board won’t like that fact.

[The Darknight Detective]

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

Econimics 101 is supply and demand. If a business raises prices beyond inflation and tax increases, then it means that business is doing something right. Otherwise, that business will have to reduce their prices. The only exception to that rule are government monopolies like the post office, which raise prices despite plummeting demand.

[Gaastra]

https://www.hollywoodreporter.com/mo...ce-1234975366/

HR on this weeks box office. Note this line--

, “I don’t think we need to qualify how great the numbers are for F9. The film delivered another stinging blow to those who predicted the end of the movie theater experience. Patience was a virtue, and this theatrical release was well worth the wait.”

Of course we will see how well fast 9 does next week with boss baby 2 out and fast 9 getting mixed reviews. Still it made more then hobbes did on it's first weekend is a great start for fast 9 even with the mixed reviews.

[Gaastra]

New oscar rule just confirmed! (well old rule coming back!) Any film from before June 15 of this year gets a free pass (so gvk, tom and jerry, raya and others are safe) but any film after MUST have a full 7 day theatre window WITHOUT going to tv, vod or streaming in those 7 days! Otherwise they are not allowed to be in the oscars! So in other words dune will be banned, say goodbye to space jam 2 music nod, to bad black widow and sorry will smith best actor and sucks for boss baby 2 for animated film!

They are out! Ouch! WB has been pushing dune at all the events. They want dune to get a oscar nod so this is really going to hit them! Don't be shocked if dune will not be on hbo max same day!



https://deadline.com/2021/06/oscars-...es-1234784121/

[The Darknight Detective]

New oscar rule just confirmed! (well old rule coming back!) Any film from before June 15 of this year gets a free pass (so gvk, tom and jerry, raya and others are safe) but any film after MUST have a full 7 day theatre window WITHOUT going to tv, vod or streaming in those 7 days! Otherwise they are not allowed to be in the oscars! So in other words dune will be banned, say goodbye to space jam 2 music nod, to bad black widow and sorry will smith best actor and sucks for boss baby 2 for animated film!

They are out! Ouch! WB has been pushing dune at all the events. They want dune to get a oscar nod so this is really going to hit them! Don't be shocked if dune will not be on hbo max same day!



https://deadline.com/2021/06/oscars-...es-1234784121/

The industry knows full well where the big money can be found, which is in the theaters and not elsewhere. The reinforcement of the Oscar rule only confirms that.

[luprki]

Econimics 101 is supply and demand. If a business raises prices beyond inflation and tax increases, then it means that business is doing something right. Otherwise, that business will have to reduce their prices. The only exception to that rule are government monopolies like the post office, which raise prices despite plummeting demand.

The supply and demand rule doesn’t always apply. Sometimes companies have too raise prices to make up loses. This is what movie theaters are doing, this is what cable tv operators are doing. The supply and demand rule isn’t always a smart strategy in some cases. This is also Economics 101.
But now there is competition, movie theaters and cable tv are not the only game in town. There dominance and monopolies are over.

We already see this with movie theater tickets prices, since 2018 tickets prices has started to level off. This is because off extra competition from streaming service. Here another Economics 101, competition drives prices down and streaming is proving this competition.

[green_garnish]

The supply and demand rule doesn’t always apply. Sometimes companies have too raise prices to make up loses. This is what movie theaters are doing, this is what cable tv operators are doing. The supply and demand rule isn’t always a smart strategy in some cases. This is also Economics 101.

Ummm... if a company raises prices to compensate for lower sales, they aren't following the rules of supply and demand, and they are making a very stupid business decision. In the face of lower sales, you lower prices to re-engage customer interest.

Clearly movie studios have no motivation to do that. THAT is Economics 101.

[luprki]

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".

I wish it is only 10 cents.
Funny how theaters attendance is dropping, while streaming subscriptions is raising. It goes hand and hand.

[luprki]

Ummm... if a company raises prices to compensate for lower sales, they aren't following the rules of supply and demand, and they are making a very stupid business decision. In the face of lower sales, you lower prices to re-engage customer interest.

Clearly movie studios have no motivation to do that. THAT is Economics 101.

The theaters have proven is not a stupid business decision, they are making higher gross with less attendance.

[green_garnish]

The theaters have proven is not a stupid business decision, they are making higher gross with less attendance.

Yes, because of the law of supply and demand. Demand is high even though attendance has fallen somewhat. You go for what makes the most money. If demand was low, they would clearly be taking a different approach. You don't invigorate a dying business by raising prices. Ever. Economics 101.

[D.Z]

They got another 20 years.

[numberthirty]

I wish it is only 10 cents.
Funny how theaters attendance is dropping, while streaming subscriptions is raising. It goes hand and hand.

Which is not actually happening.

It has been roughly level for going on ten years, and level with the numbers back before 1998.

[PD98]

Funny how theaters attendance is dropping, while streaming subscriptions is raising. It goes hand and hand.

Until they are paying $500 for all the streaming services each month, how quickly then do you think people will start canceling subscriptions once the price for all the streaming sites is higher than what they paid for cable or going to the movies. After all, if theaters can/will increase ticket prices without inflation then the streaming services will do the same, hell just this past year despite the massive boom in subscribers (due to people not being able to go the movies or leave their homes) Netflix, Disney+, Paramount+, and Hulu, increased their rates for certain packages so they will increase. Hell Disney+ had their yearly subscription increase by $10s, please do tell how much an increase rate that was, and correct me if I'm wrong but that is a little over 14% increase just like the average ticket price, but oh people are still shilling out almost $80 plus the $30 for premium access. Hell YouTubeTV had a 30% increase more than double the hike the average movie ticket went up.

[The Darknight Detective]

They got another 20 years.

That's only if the home experience is comparable to the theater one. Unless it is, theaters will still be around much longer than that.

[The Darknight Detective]

Yes, because of the law of supply and demand. Demand is high even though attendance has fallen somewhat. You go for what makes the most money. If demand was low, they would clearly be taking a different approach. You don't invigorate a dying business by raising prices. Ever. Economics 101.

Yeah, it's really not rocket science. When theaters start reducing ticket prices for the identical product experience we have presently, then we will know they are in trouble.