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!
Love it - value with a catalyst. However, we all know how prices work. They only ratchet higher, and maybe flatten out. They never go lower.
"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.