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re: How long will movie theaters survive?
Posted on 2/28/24 at 7:03 am to Byrdybyrd05
Posted on 2/28/24 at 7:03 am to Byrdybyrd05
quote:
Streaming has hurt them also
Streaming definitely hurt the cinema.
What makes it almost unrecoverable is that the studios are fully behind streaming because they can play the long game on recovering their investments and further exploit the “Hollywood” accounting that screws everyone involved in making a film but them.
Back in the early days of VHS based home video - studios panicked that they’d lose millions and created all sorts of rules that significantly delayed the release of movies on video and cable after the films theatrical run.
Older folks remember the days where after a movie left the theaters it would take months, sometimes years to be available of video and on cable. Now it’s weeks.
So there’s really no incentive or push for someone to go to the cinema.
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