Read that a couple of times
and movie theaters are how movie studios make money. They aren't making a couple of billion off a movie streaming. Movie theaters are why Warner Brothers and Universal have had a bad year. There's a trickle down effect that's a lot bigger than your local movie studio. It's a trillion dollar industry with thousands of employees.
That's why the suggestion that these movie studios should start opening their own movie theaters was actually a good idea.
They have to adapt and plan for it now. The 1st quarter of next year is gonna be more of the same.
Also if these studios had been committing to streaming for the last 10 years (at the least) streaming movies would also be a trillion dollar business.
Again why do you think Moviepass was such a big thing? Forced theaters to start their own versions. If all of this is just on the pandemic and things will go back to how they were and theaters and studios don't have to change how this business operates cuz billions of dollars worth of ppl.cant wait to go back to theaters why is it that a company like AMC *****es and moans if a studio announces their movie will also debut on a streaming service?
Theaters were complaining before the pandemic. If this keeps up the only thing movie theaters will be good for are blockbuster franchises and that list isn't as long as you think and they don't release that many movies yearly.
