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Anyone believe we are seeing the beginning of the end of the movie theaters?
Posted on 5/13/21 at 8:55 pm
Posted on 5/13/21 at 8:55 pm
I’m relatively new to this board, so I apologize if this topic has been discussed before but with the last year with Covid, the shutdown of the movie theaters, people staying home watching more movies, and now these streaming platforms are beginning to offer box office movies at home, are we seeing the beginning of the end of the movie theaters?
As I have aged, I’m not as big of a fan of getting out and going to the movies. Not only is it very costly but my lack of desire to support Hollywood liberal elites has driven me away. Although watching from home and paying for streaming platforms is still somewhat being supportive of the movie industry, I don’t have the feeling that I’m being raked over the coals financially to support them.
Does Hollywood win or lose with more of these movies going into the home?
As I have aged, I’m not as big of a fan of getting out and going to the movies. Not only is it very costly but my lack of desire to support Hollywood liberal elites has driven me away. Although watching from home and paying for streaming platforms is still somewhat being supportive of the movie industry, I don’t have the feeling that I’m being raked over the coals financially to support them.
Does Hollywood win or lose with more of these movies going into the home?
This post was edited on 5/13/21 at 9:01 pm
31
Posted on 5/13/21 at 9:04 pm to coondaddy21
I suppose I'm happy that theater workers are going back to work with lifting of restrictions, but if I'll be honest, I kind of wanted the film industry to hurt a bit longer.
There needed to be a market correction in the film production pipeline. Smaller scale movies with a chance for young creative talent to get their foot in the door.
My worry now is that there won't be much disruption and that we'll be back to $300 million budget, bland movies.
There needed to be a market correction in the film production pipeline. Smaller scale movies with a chance for young creative talent to get their foot in the door.
My worry now is that there won't be much disruption and that we'll be back to $300 million budget, bland movies.
Posted on 5/13/21 at 9:08 pm to coondaddy21
quote:
Does Hollywood win or lose with more of these movies going into the home?
I think there will continue to be a consolidation of studios as they coalesce around streaming platforms, but I think Hollywood in general probably will adapt. There will still be a demand for new content, even though how it's consumed is changing.
It'll be interesting to see what the measurement for success will be as theaters become a thing of the past and new features get released on platforms. It used to be gross box office receipts and how much money the movie made against its budget. Will it be stream volumes? Who knows.
Posted on 5/13/21 at 9:11 pm to coondaddy21
Doing my part to help them come back tomorrow evening when I go see the new Saw movie
This post was edited on 5/13/21 at 9:52 pm
Posted on 5/13/21 at 9:12 pm to coondaddy21
Hollywood stars, same as pro sports ones, are getting a taste of their own medicine. They deserve to be hit in the pocket book. Maybe they’ll shut up
I took my son 3 weeks ago to see Godzilla. $18.50 for a large drink and popcorn. Ridiculous
I took my son 3 weeks ago to see Godzilla. $18.50 for a large drink and popcorn. Ridiculous
This post was edited on 5/13/21 at 9:48 pm
Posted on 5/13/21 at 9:13 pm to coondaddy21
I think the independent movie theater survives in smaller towns where entertainment options are limited.
But in the big cities, save for a few niche art house theaters, I could see most of the big megaplexes getting bought out by the studios and operating as more of an entertainment experience than a standalone movie theater. Think of Disney buying out a 24 screen monster of a theater and turning into their own mini-disney land. Mickey and Mini will great the kids as they show up, multiple screens will be retrofitted with 4DX experiences, spare screens will be turned into birthday and play areas, and Marvel will release all of their new titles exclusively right there in their own theater chain.
Seems to be the natural consequence of the DOJ allowing the paramount decrees to expire.
But in the big cities, save for a few niche art house theaters, I could see most of the big megaplexes getting bought out by the studios and operating as more of an entertainment experience than a standalone movie theater. Think of Disney buying out a 24 screen monster of a theater and turning into their own mini-disney land. Mickey and Mini will great the kids as they show up, multiple screens will be retrofitted with 4DX experiences, spare screens will be turned into birthday and play areas, and Marvel will release all of their new titles exclusively right there in their own theater chain.
Seems to be the natural consequence of the DOJ allowing the paramount decrees to expire.
This post was edited on 5/13/21 at 9:15 pm
Posted on 5/13/21 at 9:18 pm to coondaddy21
I think we are seeing the end of the end honestly.
Posted on 5/13/21 at 9:20 pm to Feral
quote:
Will it be stream volumes?
Currently Netflix and Amazon count a “viewer” as someone who watched as little as two minutes of a movie.
Posted on 5/13/21 at 9:22 pm to UndercoverBryologist
I would have thought that now that each studio has their own streaming service (HBO Max, Disney+, Paramount+, etc.) they would use some of that hard data from viewership numbers to gain a better understanding of audience tastes. It might encourage them to diversify their output to appeal to a wider variety of genres.
....Well, except for Disney+. From what I can see, the best content on there is still the MCU and Pixar stuff, so all that audience numbers are going to do is encourage them to make more Marvel and Pixar movies.
....Well, except for Disney+. From what I can see, the best content on there is still the MCU and Pixar stuff, so all that audience numbers are going to do is encourage them to make more Marvel and Pixar movies.
This post was edited on 5/13/21 at 9:24 pm
Posted on 5/13/21 at 9:27 pm to coondaddy21
What is the value proposition for a theater? Screen size and sound system experience. The end.
All other facets of the home is better from concessions, drinks, booze, cost, bathroom breaks, convenience.
Theater will never die until technology Catches up at home for a competitive price (make home theater systems super affordable).
All other facets of the home is better from concessions, drinks, booze, cost, bathroom breaks, convenience.
Theater will never die until technology Catches up at home for a competitive price (make home theater systems super affordable).
Posted on 5/13/21 at 9:28 pm to jatilen
quote:
Currently Netflix and Amazon count a “viewer” as someone who watched as little as two minutes of a movie.
Yeah, there's definitely going to be some Enron accounting tricks with it.
I'd love to see granular breakdowns of full vs. partial viewings, bounce rates, etc.
Posted on 5/13/21 at 9:30 pm to TulaneUVA
quote:
Theater will never die until technology Catches up at home for a competitive price (make home theater systems super affordable).
I've heard of pimped out home theater set-ups. As someone who thinks surround sound is neat but not really worth the set-up, I don't really know what is considered "pimped out" these days. What is considered a top quality home theater these days?
Posted on 5/13/21 at 9:43 pm to coondaddy21
I remember when Beta and VHS came out, this was brought up.
Before DVDs, there were laser discs.
Then HBO, CINEMAX, then eventually Netflix...
So it's not mere convenience that'll close down theatres.
But the combo of authoritarian bureaucrats and an arrogant, preachy Hollywood may do more to drive folks away than a global plague ever could.
We'll see. I've been to the theatres 3 x's in the past few weeks.
Before DVDs, there were laser discs.
Then HBO, CINEMAX, then eventually Netflix...
So it's not mere convenience that'll close down theatres.
But the combo of authoritarian bureaucrats and an arrogant, preachy Hollywood may do more to drive folks away than a global plague ever could.
We'll see. I've been to the theatres 3 x's in the past few weeks.
This post was edited on 5/13/21 at 9:44 pm
Posted on 5/13/21 at 9:47 pm to coondaddy21
No but I think smaller footprint theaters will thrive and be the new thing.
Posted on 5/13/21 at 9:56 pm to Oates Mustache
quote:
No but I think smaller footprint theaters will thrive and be the new thing.
Agreed.
I think niche theaters that show specific types of movies (old movies, indies and arthouse flicks, special cuts, etc) or have nuanced experiences like serving dinner will still survive and flourish.
But the mass theater experience as we know it will go the way of the indoor shopping mall and become an increasingly difficult business model to sustain.
Posted on 5/13/21 at 10:13 pm to TulaneUVA
quote:
What is the value proposition for a theater? Screen size and sound system experience. The end.
Which is the answer to the constant question on here of why studios love big franchise and superhero movies.
People don't need to drive to the megaplex to see Francis McDormand "play" a crazy old lady. People go for big names, sound systems, and special effects that look better on a giant screen.
Posted on 5/13/21 at 10:23 pm to Feral
quote:
think niche theaters that show specific types of movies (old movies, indies and arthouse flicks, special cuts, etc) or have nuanced experiences like serving dinner will still survive and flourish.
That’s a great idea! I’d definitely go to the movies if they had a schedule like:
Monday-Westerns
Tuesday-70s/80s
Wednesday-war movies
Thursday’s-classics
and so forth
Posted on 5/13/21 at 10:40 pm to UndercoverBryologist
quote:
Well, except for Disney+. From what I can see, the best content on there is still the MCU and Pixar stuff, so all that audience numbers are going to do is encourage them to make more Marvel and Pixar movies.
Disney needs to use their analytics to drive merchandising. Shouldn't be difficult to cross-reference
-Disney+ subscribers on East half of the US
-Disney+ subscribers with season passes/reservations/tickets to Walt Disney World in the last 5 years (CC# or email on file for both accounts)
Essentially gives you the Disney+ subscribers most likely to visit WDW.
Then look for viewing history that doesn't match up with merchandising, and make slight alterations.
Bing bang boom - 4 foot section of Emperor's New Groove merch in the gift shop.
I started seeing a lot of Aristocats stuff in mall stores the last year or two and frankly I wondered if D+ had anything to do with it. My daughter has watched that a million times, whereas I (VHS kid) maybe, maybe saw it once.
Posted on 5/13/21 at 11:51 pm to coondaddy21
quote:
As I have aged, I’m not as big of a fan of getting out and going to the movies. Not only is it very costly but my lack of desire to support Hollywood liberal elites has driven me away. Although watching from home and paying for streaming platforms is still somewhat being supportive of the movie industry, I don’t have the feeling that I’m being raked over the coals financially to support them.
Agree completely.
Posted on 5/14/21 at 12:02 am to lsufan112001
quote:
Hollywood stars, same as pro sports ones, are getting a taste of their own medicine. They deserve to be hit in the pocket book. Maybe they’ll shut up
That’s a great point and I agree with you.
quote:
18.50 for a large drink and popcorn. Ridiculous
But they have nothing to do with that. That’s all on the theaters and you for opting to pay for that. Empty, expensive, and unnecessary calories. Do you eat that many calories any time you sit down and watch television for longer than 90 minutes.
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