Shaping up to be a brutal year for theaters, especially those that do not generate cash (AMC). Writer's strike means theaters aren't selling as many tix so have to sell us a LOT of popcorn. But as evidenced by your attendance and a strong opening weekend from Dune, I think demand for theatrical releases is still alive and well. Plus, releases in theaters provide the debt-ridden studios with much needed cash. I think as content comes back in 2025+, more foot traffic will help the theaters that can afford to reinvest and they potentially won't need to gouge on food as much. Value with a catalyst!
"Here in America we are descendants in blood and in spirit from revolutionaries and rebels-men and women who dared to dissent from accepted doctrine. As their heirs, may we never confuse honest dissent with disloyal subversion." Dwight D. Eisenhower.
Shaping up to be a brutal year for theaters, especially those that do not generate cash (AMC). Writer's strike means theaters aren't selling as many tix so have to sell us a LOT of popcorn. But as evidenced by your attendance and a strong opening weekend from Dune, I think demand for theatrical releases is still alive and well. Plus, releases in theaters provide the debt-ridden studios with much needed cash. I think as content comes back in 2025+, more foot traffic will help the theaters that can afford to reinvest and they potentially won't need to gouge on food as much. Value with a catalyst!
"Here in America we are descendants in blood and in spirit from revolutionaries and rebels-men and women who dared to dissent from accepted doctrine. As their heirs, may we never confuse honest dissent with disloyal subversion." Dwight D. Eisenhower.