Posted on 10/11/2020 9:00:00 AM PDT by Hojczyk
The U.S. box office is expected to drop by 81 percent this year as the coronavirus continues to decimate domestic moviegoing, according to new analyst report from MoffettNathanson. The report recommends that cinema chains swallow their pride and team up with streaming services like Netflix as a lifeline to get more product on movie screens.
While cinemas in many areas have re-opened, key markets in Democrat-controlled states like New York and California remain closed, which has had a chilling effect on Hollywood studios who remain wary of putting their movies in theaters. The disappointing domestic release of Tenet has prompted studios to delay many of their tentpole releases to 2021.
Major cinema chains have often regarded streaming services as the enemy. But in July, Universal struck a deal with AMC Theaters that has the potential to upend the industry.
Under the agreement, new Universal movies will have just three weekends of exclusivity at AMC cinemas, as opposed to the traditional three months. The studio will then have the option of makes its movies available for digital streaming at home.
Meanwhile, cinemas continue to play the waiting game. Big-budget movies including No Time to Die, Dune, West Side Story, and Top Gun: Maverick have all seen their release dates pushed back to next year.
(Excerpt) Read more at breitbart.com ...
“No Time to Die, Dune, West Side Story, and Top Gun: Maverick”
Not one of those interest me enough to go to a theater or pay to stream it.
Hollywood doesn’t really need movie theaters anymore. Millions of conservatives gladly send their monthly tithes to Netflix, Prime, Hulu, etc. to feed the beast. Disney Plus has 60 million subscribers and is cranking in 500 million a month, with very low cost as so much of the content is from their library.
Great news! Hollywood leftists no longer getting our money. Winning!
JoMa
*toilet flushing sound*
If it helps put put that A$$hat Robert DeNiro and the NFL in a bind I will keep the TV off completely like I have since last football season.
Another facet of the Ministry of Propaganda takes it in the shorts.
See, it’s not all bad news.
Let’s see... how, exactly, will that affect my life?
Hmmmm.... Ummmm....
IT WON’T!
Die, Hollywood, DIE!!!
May Hollyweird die completely. May all the ‘stars’ fall and burn. Beverly Hills, Rodeo Drive, etc...may they all be burned out boarded up shells by time this is finished.
All the good movies and music has already been made.
Want proof? Go to iTunes and see what everybody is downloading, it’s Van Halen.
The next awards shows will still give awards to films no one watches as it contains the approved amount of racist group of people and SJW content and hating America statements.
A good story and acting are not even considered anymore.
Silver Linings Everywhere!
No sympathy for this lot.
Make some wholesome movies that are pro family and not full of Woke crap and maybe you can make a dime.
Sounds good to me. Plus I recall reading how most of them were moving to Canada about 4 years ago, so who cares?
Mark
Hollywood is dead. They very California liberals they supported and the policies they voted for chased them away. The film industry has pretty much relocated to Georgia, North Carolina, and Vancouver BC.
It's not 1952 anymore. Nobody wants wholesome family movies. They want Game of Thrones, and they want to binge the whole series on their massive wall-sized 4K TVs from the comfort of their living room.
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