News: 0173526390

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

Struggling Movie Exhibitors Beg Studios For More Movies - and Not Just Blockbusters (yahoo.com)

(Sunday April 14, 2024 @08:54PM (EditorDavid) from the screens-time dept.)


Movie exhibitors still face "serious risks," the Los Angeles Times [1]reported Tuesday :

> Attendance was on the decline even before the pandemic shuttered theaters, thanks to changing consumer habits and competition for people's time and money from other entertainment options. The industry has demonstrated an over-reliance on Imax-friendly studio action tent poles, when theater chains need a deep and diverse roster of movies in order to thrive... It remains to be seen whether the global box office will ever get back to the $40 billion-plus days of 2019 and earlier years. A clearer picture will emerge in 2025 when the writers' and actors' strikes are further in the past. But overall, there's a strong case that moviegoing has proved to be relatively sturdy despite persistent difficulties.

Which [2]brings us to this year's CinemaCon convention , where multiplex operators heard from Hollywood studios teasing upcoming blockbusters like Joker: Folie à Deux , Furiosa: A Mad Max Saga , Transformers One , and Deadpool & Wolverine .

> Exhibitors pleaded with the major studios to release more films of varying budgets on the big screen, while studios made the case that their upcoming slates are robust enough to keep them in business... Box office revenue in the U.S. and Canada is expected to total about $8.5 billion, which is down from $9 billion in 2023 and a far cry from the pre-pandemic yearly tallies that nearly reached $12 billion... Though a fuller release schedule is expected for 2025, talk of budget cuts, greater industry consolidation and corporate mergers has forced exhibitors to prepare for the possibility of a near future with fewer studios making fewer movies....

>

> As the domestic film business has been thrown into turmoil in recent years, Japanese cinema and faith-based content have been two of movie theaters' saving graces. Industry leaders kicked off CinemaCon on Tuesday by singing the praises of Sony-owned anime distributor Crunchyroll's hits — including the latest "Demon Slayer" installment. Mitchel Berger, senior vice president of global commerce at Crunchyroll, said Tuesday that the global anime business generated $14 billion a decade ago and is projected to generate $37 billion next year. "Anime is red hot right now," Berger said. "Fans have known about it for years, but now everyone else is catching up and recognizing that it's a cultural, economic force to be reckoned with.... " Another type of product buoying the exhibition industry right now is faith-based programming, shepherded in large part by "Sound of Freedom" distributor Angel Studios...

>

> Theater owners urged studio executives at CinemaCon to put more films in theaters — and not just big-budget tent poles timed for summer movie season and holiday weekends... "Whenever we have a [blockbuster] film — whether it be 'Barbie' or 'Super Mario' ... records are set," added Bill Barstow, co-founder of ACX Cinemas in Nebraska. "But we just don't have enough of them."



[1] https://www.latimes.com/entertainment-arts/business/newsletter/2024-04-09/wide-shot-cinemacon-box-office-king-kong-the-wide-shot

[2] https://www.yahoo.com/entertainment/wicked-spectacles-merger-gossip-movie-212843490.html



Competition, lol (Score:1)

by NFN_NLN ( 633283 )

> and competition for people's time and money

No greater competition than taxes and inflation.

Re: Competition, lol (Score:3)

by kenh ( 9056 )

Remind me again, what was the inflation rate under Trump? When he left office it was 1.4% year-over-year, Biden shot it up to what, 7, 8, 9% before bringing it down to 3.5%? Yippee! Those 9% price increases remain, and prices are just increasing 2x as much as when Trump left office.

Biden has promised to cancel (let expire) Trump's Tax Breaks - and once he does (if re-elected), you'll quickly learn about the benefits you never knew you had from Trump's tax cuts, because the press went on 24x7 about how "the

Re: (Score:2)

by BishopBerkeley ( 734647 )

It's funny how economically illiterate "conservatives" are. Only a complete pervert would interpret falling movie theater attendance in terms of politics. Under Biden, billionaires have gotten a lot richer because of the stock market boom. By your reasoning, Biden is clearly a genius, so why don't you just admit you're wrong? Biden is clearly infinitely superior to Trump.

Or could there be actual economic forces in action here? "Conservatives" with their heads up trump's rectum clearly cannot see reality or

Re: (Score:2)

by rally2xs ( 1093023 )

Yeah, it's expensive to go to the movies IF you get refreshments (almost $25 total), but the ticket is only about $10, and $5 on Tuesdays.

Yes, there needs to be more content, but there needs to be more quality. Just saw 2 in a row that were very unsatisfying, "Civil War" and "Arcadian". Both the stories were really flawed, the 1st boring and the 2nd just not making a lot of sense.

The 2nd was like "A Quiet Place" with unknown monsters that come out at night and try to eat you. Nick Cage and on-screen o

Re: Competition, lol (Score:3)

by kenh ( 9056 )

I saw Civil War, it was bad.

Imagine if Hollywood made a movie called "Car Chase" and for 90 minutes we watch a car chase in progress, and the movie ends before either the. OP's catch them or they get away...

We're never told why the country is at war, why/how California and Texas join forces, or anything other than one guy is old, another drinks vodka & smokes pot, and it's perfectly normal for a teenaged girl to cross a war zone to become a photojournalist (from Missouri to NYC), or why said teenager is

Re: (Score:2)

by BishopBerkeley ( 734647 )

How original! Did you write that all by yourself? Did you catch the part in the article where it says that movie theater attendance was falling before covid--during the halcyon days of your god, Trump--too? No, because you're a Russian hack.

When I was a kid (Score:3)

by RitchCraft ( 6454710 )

When I was a kid back in the 70's and 80's going to the theater was a great experience. Fast forward 40 years and it's dismal. The few times I took my own kids they didn't like it. It's expensive, the ads last FOREVER, and the comfort level could never achieve sitting at home in front of the big screen (with the ability to PAUSE). I don't plan on ever going to a theater again, and I know my kids (and their friends) think it's old school and stupid.

Re: (Score:3)

by Jhon ( 241832 )

"... the ads last FOREVER..."

If by "ads" you mean movie trailers then I gotta say *I* like that part of the "theater" experience. I look forward to it, arrive before show time and get annoyed when people chit-chat or turn their phone in to a "glow worm" during the trailers.

That said, much of the crap hitting theaters would qualify as straight to video quality about 20 years ago. I have no idea why that stuff gets screen time today. I find myself hitting vintage theaters more today to see films from acros

Re: (Score:2)

by newcastlejon ( 1483695 )

> If by "ads" you mean movie trailers then I gotta say *I* like that part of the "theater" experience. I look forward to it, arrive before show time and get annoyed when people chit-chat or turn their phone in to a "glow worm" during the trailers.

You must have a good cinema. Over here if the film start time is given as 6pm there will be adverts - not film trailers, adverts for products, one of which will be for Coke or Pepsi - for 15 minutes, maybe 5 minutes of adverts for the cinema that I'm literally fucking sitting in , then about 10 minutes of trailers. The film won't actually start until 6:30.

If you have reserved seating you can safely turn up twenty minutes after the posted start time, but even then you have to worry about some dickhead decidin

Re: (Score:2)

by NoWayNoShapeNoForm ( 7060585 )

> That said, much of the crap hitting theaters would qualify as straight to video quality about 20 years ago. I have no idea why that stuff gets screen time today.

And back in the 40s & 50s today's 'movies' would have been "B movies" ... if they were lucky.

Worse case ... many of today's movies might have been released in the 40s & 50s by 2nd rate movie studios & their distributors.

Re: (Score:2)

by 93 Escort Wagon ( 326346 )

Not sure I agree with this. The 80s, at least, seemed to be when all the small-screen multiplexes started to take over. I'd pay for a movie, pay too much for some popcorn and a pop, then from where I was able to find a seat the screen didn't seem significantly larger than the big Zenith TV we had at home.

If I were to fix the theatre experience (Score:5, Interesting)

by t0qer ( 230538 )

I'd make it more like Asian karaoke rooms. Give me a setup I can't afford at home, but not nearly the cost of a full theatre setup. Like a screen that's 32:9 superwide. Studio monitor speakers setup for surround. Have lots of rooms on hand that can accomidate 4-6 people, and fewer rooms for larger parties. To prevent shennanigans, all rooms have CCTV cameras. Give me a touch screen to order food or whatever. Flat price per 2 hour block, watch whatever I want. New stuff, old stuff, etc. Take it a bit beyond movies though. Earlier I said model it after karaoke rooms, so add karaoke. Add video games. It's been a long time since I've been to the theatre and seen it packed to the point people were sitting on the steps (Jurrasic Park comes to mind) but those days are over. People can get a passable quality at home, without all the annoyance. So cater to that, cater to the fact that people no longer want to be in a huge auditorium with strangers doing strange things.

Re: (Score:2)

by dynamo ( 6127 )

You should actually start this business. Or someone else will.

Re: (Score:2)

by takochan ( 470955 )

What's wrong with Shenanagins? This is in fact what makes karaoke rooms so popular ;-)

copy rights rules will stop your idea! (Score:2)

by Joe_Dragon ( 2206452 )

copy rights rules will stop your idea!

That explains this comment (Score:3)

by quonset ( 4839537 )

Last week, [1]the CEO of AMC Theaters said [hollywoodreporter.com],

> “Personally, I think it’s inconceivable that AMC would have to restructure like Regal Cinemas did and file for Chapter 11. One of the things I’m very proud of is that going into the pandemic, AMC was in very strong position. We are the biggest and best movie theater chain in the world. Somehow all of us on this planet got handed COVID as something to deal with. And the movie theater industry has been hit quite hard by COVID, and it’s been slow to recover. And the labor strikes were a double whammy. We are already at the four-year mark since COVID shut theaters in March of 2020. And the box office is still not yet back to where it was before,”

Which means, based on this story, they are definitely filing for Chapter 11 in the near future. Their stock is at [2]$2.66/share [marketwatch.com] after all the meme stock frenzy and down 94% in the past year. They can talk all they want about money in the bank, but if they're asking for more, and better, movies, that only means their finances aren't as rosy as they claim.

[1] https://www.hollywoodreporter.com/business/business-news/adam-aron-box-office-amc-theatres-1235870377/

[2] https://www.marketwatch.com/investing/stock/amc?mod=search_symbol

Re: That explains this comment (Score:2)

by kenh ( 9056 )

> They can talk all they want about money in the bank, but if they're asking for more, and better, movies, that only means their finances aren't as rosy as they claim.

They are a movie theater chain, people only come to their theaters to see movies - they can't branch out into another business model, what would they do?

Wanting product to show us not a sign of a weak balance sheet, it is a sign that they depend on the movie studios to get people in their theaters!

Re: (Score:2)

by clambake ( 37702 )

> inconceivable

"You keep using that word. I don't think it means what you think it means." ... is a line from one of the most beloved movies of all time, a movie which would NEVER be made today because it's not a blockbuster so nobody would greenlight it. Movies, as an entertainment medium, are dying and nearly dead. In twenty years, there won't be anymore quotable quotes from beloved movies. There will be no more beloved movies at all. The silver screen has tarnished to a black void.

Reruns (Score:5, Interesting)

by i_ate_god ( 899684 )

Why not make it easier to do reruns of movies?

I've gone to the movie theater for one of two reasons: it was an IMAX-worthy film (eg Dune and Bladerunner), or it was some kind of fan service (eg: several episodes of the restored ST: TNG series). Well, since an IMAX worthy film is maybe a once a year thing for me, why not have more fan service?

I've never seen the original Matrix in theaters. I'd happily pay for a ticket and a bag of overpriced popcorn to be able to do it.

Re: (Score:2)

by fahrbot-bot ( 874524 )

> I've gone to the movie theater for one of two reasons: it was an IMAX-worthy film (eg Dune and Bladerunner), or it was some kind of fan service (eg: several episodes of the restored ST: TNG series). Well, since an IMAX worthy film is maybe a once a year thing for me, why not have more fan service?

I can easily wait for most films to come out on either Amazon or network TV these days.

I think the last two films I saw at a (real) IMAX theater were Gravity and Interstellar, at the Virginia Air and Space Center.

Art vs Profit (Score:3)

by Kiyooka ( 738862 )

A diverse and healthy movie scene is what's great for the theatre community, both exhibitors and movie lovers. I suspect economies of scale and consolidation of studios has resulted in larger scale productions, which tend to lean "safe" to protect investments (clearly that's a generalization, but there is definitely a growing sense of "meh" whenever a new movie comes out).

People want to be taken for a journey with an original and engaging story, not just more franchise installments. "Joker: Folie à Deux, Furiosa: A Mad Max Saga, Transformers One, and Deadpool & Wolverine" All of those are sequels/franchise movies. It feels like movies as ART is dead and it's all sequels/entertainment. Basically, movies have turned into explody novellas.

How to get business (Score:3)

by registrations_suck ( 1075251 )

1). Crackdown on audience assholes. Kick out anyone on their phone or talking during the movie.

2). Price your food more reasonably.

3). Turn the volume the fuck down.

4). Start the movie at the time listed, not after 30 minutes of commercials and other bullshit.

5). Have a fucking intermission halfway through the movie.

Re: (Score:2)

by dfm3 ( 830843 )

> 5). Have a fucking intermission halfway through the movie.

Well people already use the back row for making out, but if you give them an intermission would they do that in the theater??

Re: (Score:2)

by Baron_Yam ( 643147 )

Hand stuff in your teens, mouth stuff in your 20s. If you go further or are older you should be in a different kind of theatre.

Re: (Score:2)

by registrations_suck ( 1075251 )

I don't care what they do, as long as they're quiet and not on their god damned phone.

No point anymore... for me, anyway... (Score:4, Insightful)

by Petersko ( 564140 )

The last two movies I saw in the theatre were poor experiences for me, thanks to... people. People should understand that even if your ringer is off, a multitude of glowing small rectangles in the darkness is a problem. That an audible text notification is also in poor taste. That shutting the fuck up is good form.

Given that I will not ever again spend so much as one thin dime on comic book franchise movies, the modern theatre experience holds little value for me. My home setup is terrific, and the popcorn is better. Movies are worse. People are worse. Prices are nuts. I cannot think of a single reason why I would ever go to a theatre again.

Re: (Score:2)

by ZipNada ( 10152669 )

> My home setup is terrific, and the popcorn is better.

Its pretty darn cheap these days to get a nice large TV and watch all kinds of streaming movies in comfort at your house/apartment.

The main reason to go to a theater is that you want to see the movie as soon as it comes out. I think the problem for the theaters is that there are only a certain number of blockbuster movies that press that button for people. Otherwise you can be patient and wait a few months to be able see it at home where there ar

You need the 4DX stuff to make it worthwhile (Score:3)

by LindleyF ( 9395567 )

Or a competitor. Moving seats, wind and mist, etc. Immersion is the key.

Re: You need the 4DX stuff to make it worthwhile (Score:2)

by fortfive ( 1582005 )

Next on at feel-o-visionâ¦Deep Throat! /only the old and/or weird will get this reference I expect

The movie studios want to take over the theaters (Score:2)

by rsilvergun ( 571051 )

The only reason they haven't is that there's a law against it. So yeah you're not going to get anything but a handful of high profit blockbusters out of the studios. Especially with how weak and he trust law enforcement is right now. There's damn few cops walking that beat and the judges they're collared criminals go in front of are corrupt as hell...

Got tired of woke garbage and remake/reboots (Score:1)

by p51d007 ( 656414 )

Last movie I went to was Top Gun: Maverick. All the movies these days are politically correct, no REAL humor, part 4,5,6 movies, reboots etc. Bring back the good ole days of movies like the original James Bond type movies, Blazing Saddles etc. Oh! But they are racist, sexist bla bla bla bla.

Re: (Score:1)

by TheSlashdotHunter ( 10317841 )

The woke movies aren't for people like you, they are for the current generation, so they were designed for you to skip. There's plenty enough non-woke movies out there, it's just the right/religious folks like to point the woke movies out. Blazing Saddles went against the norms of that day, just like the woke movies are doing now. It's funny you mention parts 4,5,6 and then James Bond. How many James Bond movies are out there? 26. And Top Gun Maverick (which is a really good movie) is guess what? a sequel :

This is like Cable TV (Score:2)

by skogs ( 628589 )

This is just like cable tv but they don't get it.

You're goddamn right movie going is on the down trend. You know why? Becuase I'm a reasonable person and I can't justify spending $45-$50 to sit on my ass for 2 hours and eat popcorn.

I know what popcorn costs.

I know what soda costs.

Stop ripping me off and I'll probably visit you more often.

Just stop with the comic book shit already! (Score:2)

by jddj ( 1085169 )

Or, OK, make those, but don't fund, make and distribute ONLY green-screen stuff that's loud and colorful and goes boom and we have to save _the whole world_ - NO WAIT, _the whole universe_ AGAIN this week.

Too expensive (Score:1)

by mrpoponz ( 1997900 )

In New Zealand ticket prices have gone through the roof. If they put them back down to $8 or $10 I'd go back again. I'd love to go but I just can't afford it.

Perhaps bring old genres back? (Score:2)

by ctilsie242 ( 4841247 )

We have the FX, and what we don't have in actors, we have in AMV or AI generated video. What we need are epic fantasy movies, with new IP. I am not talking about reboots or sequels. We don't need another Krull, Legend, Gor, The Last Unicorn, or Beastmaster. What we need are new fantasy stuff, with new IP, good ol' swords and sorcery, with villains with zero redemption arcs. Not another Darth Vader, but someone or something that is just plain evil, and nobody will shed a tear once it gets stomped out of

Producing dogshit catches up with Hollywood (Score:2)

by BishopBerkeley ( 734647 )

Hollywood has been spending exorbitant amounts of money to bamboozle people into watching the dogshit it produces. That's finally catching up with them as streaming services get saturated and theaters struggle because nothing Hollywood produces is worth the money theaters and streaming services are charging. Kanopy and mubi are the only streaming services worth subscribing to--and Kanopy is paid by your tax dollars, if your local library buys into it. It's oddly related to McDonald's falling sales. The shit

Maybe AI can save them.. (Score:1)

by TheSlashdotHunter ( 10317841 )

Most movies are regurgitated crap, so they can use AI to make some non-expensive movie scripts. It really seems that's where they were going with these discussions.

The Official MBA Handbook on the use of sunlamps:
Use a sunlamp only on weekends. That way, if the office wise guy
remarks on the sudden appearance of your tan, you can fabricate
some story about a sun-stroked weekend at some island Shangri-La
like Caneel Bay. Nothing is more transparent than leaving the
office at 11:45 on a Tuesday night, only to return an Aztec sun
god at 8:15 the next morning.