HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
In my opinion, no. I think (again, just my opinion) those films have found their home on streaming platforms for the foreseeable future
With less theaters and reduced audiences and capacity, its likley the big IP films will demand more screens. Alamo Drafthouse will be able to play smaller A24/NEON/Bleecker Street films but the other top 10 circuits wont. Landmark was already a sinking ship and there arent a lot of other circuits that play both indies and studio films. The arthous convergence indies are running out of cash fast and we're likely to see significant closures out of those 300 or so indie theaters. Netflix cant save them all. I expect some of them to get purchased but competitiors but if you're a single screen - honestly if you're less than 5 or 6 screens - its REALLY hard to make that model work. Things are already increasingly top heavy and COVID will just make it more so.
Never say never...things could rebalance over time (they did in the 70's and 90's), but streaming was already changing consumer interaction with content and I think screen space will be a lot more limited so the big films will be taking up more real estate.
Apologies for the pessimismism. I do think the entire exhibition industry can emerge from this stronger than ever. Its just going to be more tricky for the smaller movies and players.
HSX, Movies, Exhibition and beyond... Jun 29, 14:49
2 Thumbs Up! {nm} Jun 29, 16:53
SenJohnBlutarsky approves this message. But in all seriousness sir, well said and thank you for saying it. {nm} Jun 29, 17:06
August does seem to make sense for a lot of reasons, for the big return. But something tells me it will be Nov. {nm} Jun 29, 18:10
The theater model is dead. Things are beginning to lock down again and before long the whole country will be shut down Jun 29, 18:59
Yeah, returning lockdowns will impact worse the next time. I agree with Nobody {nm} Jun 29, 19:02
Disaffected, vanquished. 'all is lost' clingers are among my favorite culture war casualties {nm} Jun 30, 07:53
Behold, the welcoming HSX community as displayed by the new glorious leader {nm} Jun 30, 09:16
Re: point 1 - could this help revive the "mid-range" movie and reduce focus on big budget tentpoles? {nm} Jun 29, 19:04
In my opinion, no. I think (again, just my opinion) those films have found their home on streaming platforms for the foreseeable future Jun 29, 19:14
True, probably can't do that model again, but something similar (in another genre) could emerge. {nm} Jun 29, 19:39
Bravo Moviesnob! {nm} Jun 30, 06:58
