Originally Posted by dfa973
People will come back to the cinema, but:
1. with masks;
2. in limited numbers;
3. spaced apart;
This will take a while and the cinema chains will need to be patient. In the long term, some will never recover.
I worked and managed Novi Michigan General Cinema Theaters 24 years ago. These theater can not sustain without government assistance.
Why?? Movie production costs are in the Rental Price of the movie being shown. Hollywood and their 100 Million+ productions cost more to rent. I'll give you an example from back in the day: Jurassic Park was 10K a week, two copies run to 4 auditoriums, we made a killing on that. Everybody got a little bonus from the company.
Under Siege 2 came out, rental cost was $5000 per week. It flopped at my location. It made only $3000 on ticket sales. 2nd week we pulled it from the platters, canned it back up, and sent it home. We lost 2K on that movie for one week. Now let me remind you, back then we were only making .10 cents profit on every ticket sold because of rental prices for movie to be shown in theater.
Those high concession prices people bitch about, those cover the managers, use to projectionist then, and the floor employees. Oh and the after midnight cleaning companies.
Now with incite from someone who ran one, do you honestly now think they sustain without a bail out? Are they are priority to bail out? Anyone could see with streaming and the rise of home theater sales this was eventual. Before streaming I said if they charge $25-50 for a new release at home, theaters will die a slow death. Well look now, charging between $20 non uhd to 24.99 UHD.
Its Over. There will be a few small mom and pop shows like the $1 shows of old. 100 million+ productions=done after this. $25 Million+ to one actor, yeah that needed to stop 15 years ago.
The world will be forever changed after this.