The longer the virus lasts, the more bankruptcies you'll see among independent theaters, resulting in fewer independent films released. That probably means more direct-to-consumer releases of films through streaming and VOD. Netflix-type services will likely experience steady subscriber growth. Drive-in theaters might stage a comeback if social-distancing paranoia continues.
I cancelled my monthly AMC movie theater pass. Before the pandemic, I was watching 12-16 new movies a month. Even if a miracle vaccine is discovered, it's gonna be a long long while for theaters to recover, same for pro sports, stage, concerts. Less income for year(s)
It's unnerving to think of what will happen to the theaters after this. It's already been a struggle with surviving only on blockbuster type movies. Really strange times we're in.
Hey everyone, thanks for your opinions. I think that article is fantastic, one of the interesting things it mentions is that: Apparently in China there was a huge rush to the theatres as soon, as they could go out again...
2 people like this
The longer the virus lasts, the more bankruptcies you'll see among independent theaters, resulting in fewer independent films released. That probably means more direct-to-consumer releases of films through streaming and VOD. Netflix-type services will likely experience steady subscriber growth. Drive-in theaters might stage a comeback if social-distancing paranoia continues.
2 people like this
I cancelled my monthly AMC movie theater pass. Before the pandemic, I was watching 12-16 new movies a month. Even if a miracle vaccine is discovered, it's gonna be a long long while for theaters to recover, same for pro sports, stage, concerts. Less income for year(s)
1 person likes this
It's unnerving to think of what will happen to the theaters after this. It's already been a struggle with surviving only on blockbuster type movies. Really strange times we're in.
Hey everyone, thanks for your opinions. I think that article is fantastic, one of the interesting things it mentions is that: Apparently in China there was a huge rush to the theatres as soon, as they could go out again...