*** Coronavirus Impact on the Entertainment Industry ***

162,949 Views | 1893 Replies | Last: 2 yr ago by TCTTS
MBAR
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fig96 said:

Right, but a 10 dollar cocktail and a 20 dollar meal is a whole different ballgame as far as revenue. Though granted the markup on popcorn must be insane

I just think we're going to see theaters start to differentiate themselves more, it's been massively successful for Alamo and seems to be working for other similar theater concepts.
Yeah I think you're right. I do prefer the star cinema grill here in BCS to the cinemark, but we don't always go there because with dinner, the movies, and a few drinks, the price starts to go up big time.
fig96
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Very true, we usually go to Movie House here in Austin (same concept) or sometimes Alamo and it's easily 25 bucks plus tip if we're just snacking.
GiveEmHellBill
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MBAR said:

fig96 said:

Right, but a 10 dollar cocktail and a 20 dollar meal is a whole different ballgame as far as revenue. Though granted the markup on popcorn must be insane

I just think we're going to see theaters start to differentiate themselves more, it's been massively successful for Alamo and seems to be working for other similar theater concepts.
Yeah I think you're right. I do prefer the star cinema grill here in BCS to the cinemark, but we don't always go there because with dinner, the movies, and a few drinks, the price starts to go up big time.

We buy the refillable popcorn tub and soda cup each year at Cinemark. Those, and the concession discount from being in the movie club saves us a bunch of money going to the movies.
Fairview
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I bet the refillable stuff is gone for a while, maybe forever, because of the virus stuff.
MBAR
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GiveEmHellBill said:

MBAR said:

fig96 said:

Right, but a 10 dollar cocktail and a 20 dollar meal is a whole different ballgame as far as revenue. Though granted the markup on popcorn must be insane

I just think we're going to see theaters start to differentiate themselves more, it's been massively successful for Alamo and seems to be working for other similar theater concepts.
Yeah I think you're right. I do prefer the star cinema grill here in BCS to the cinemark, but we don't always go there because with dinner, the movies, and a few drinks, the price starts to go up big time.

We buy the refillable popcorn tub and soda cup each year at Cinemark. Those, and the concession discount from being in the movie club saves us a bunch of money going to the movies.
We do the movie club at cinemark as well. Its cheaper so we don't go to SCG as often because of this.
TCTTS
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https://www.hollywoodreporter.com/thr-esq/why-bankruptcy-may-not-be-best-option-now-hollywoods-distressed-firms-1289039
TCTTS
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https://www.hollywoodreporter.com/news/amc-theatres-bankruptcy-appears-analyst-says-1289514
TCTTS
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https://tvline.com/2020/04/09/apple-tv-free-dickinson-for-all-mankind/
TCTTS
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Worlds colliding...


https://www.hollywoodreporter.com/gallery/movie-theater-marquees-age-quarantine-gallery-1288122/1-music-hall-beverly-hills
TCTTS
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Some interesting speculation on Bill Simmons' latest podcast today with producer Jason Blum, which is that the biggest change to eventually come out of all of this, distribution-wise, likely won't be more day-and-date releases (when a movie is released in theaters and on digital the same day) or digital-only releases, but there might instead be no more windows/gaps between when a movie is in theaters and when it hits digital. Not only that, but your average, non-blockbuster movie might only be in theaters exclusively for a couple of weeks, then would go digital immediately after. So your average releases could look something like this...

Weeks 1 & 2 = theaters only
Weeks 3 & 4 = digital purchase only
Weeks 5 to indefinitely = digital purchase + digital rental/Blu-ray

That said, this likely wouldn't be the case for indies or blockbusters. Many indies rely on platformed, limited theatrical releases to build word-of-mouth as a form of advertising, and blockbusters would definitely still remain in theaters only for as long as they do now, up to a couple months or so. However, theoretically, as soon as indies and blockbusters finished their theatrical runs, they would then conceivably move straight to the weeks 3/4/5 model above, with no window/gap after their theatrical release.

In other words - more movies rotated in and out of theaters more often, save for blockbusters, and hopefully no more windows/gaps where we can't see a movie once it's been released to the public. That model has never made sense to me. If a movie is released to the public in theaters, from then on out, there should never be a gap where I can't watch that movie / I have to wait for it to hit streaming, long after it's faded from theaters. Thankfully, if this model comes to fruition, that would no longer be the case.

Another point that Blum brought up was that most moves have TWO marketing campaigns; the theatrical advertising campaign and then the digital advertising campaign, months later. But under this new model, for your average movie, there would only need to be ONE marketing campaign, and trailers/commercials/posters/etc could just list three dates - 1) theatrical, 2) digital purchase, 3) digital rental/Blu-ray. Which would mean studios could save a ton in advertising.

Anyway, I'm not saying this is how it's going to be right when movies finally come back, and the model will likely ultimately be somewhat different from the one I've outlined above, but it sounds like this general direction is where we can expect distribution to hopefully move over the next couple of years or so.
fig96
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TCTTS said:


https://tvline.com/2020/04/09/apple-tv-free-dickinson-for-all-mankind/
Curious if AppleTV watchers have any recs here? Servant is the one that intrigues me the most and For All Mankind looks really well shot.
WoMD
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fig96 said:

TCTTS said:


https://tvline.com/2020/04/09/apple-tv-free-dickinson-for-all-mankind/
Curious if AppleTV watchers have any recs here? Servant is the one that intrigues me the most and For All Mankind looks really well shot.

I've only seen For All Mankind, but I genuinely enjoyed it. Despite some of the obviously intentional woke nonsense, it wasn't as in your face as I was expecting. And it certainly wasn't enough to kill my enjoyment of the experience. I just shrugged it off, knowing it was going to be there, and ignored the social commentary as background noise, instead focusing on the overall story. Definitely looking forward to the next season.
Belton Ag
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Quote:

Curious if AppleTV watchers have any recs here? Servant is the one that intrigues me the most and For All Mankind looks really well shot.
I haven't finished For All Mankind yet but it's very well done. Decent (but far fetched) story overall and excellent production values.

I finished Servant a while ago. It is weird. Like, really, really weird. Complete with all the clunky, overwrought Shyamalan dialogue you'd expect with very little payoff for the tension build up. You can skip it and be just fine.

See was awful to me. I got through 1 or 2 episodes and quit.

Morning Show was good. If you're an Anniston fan, which I am, you'll like it.

Honestly if it wasn't $5 per month I'd cancel the service.
TCTTS
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https://www.nytimes.com/2020/04/12/business/media/disney-ceo-coronavirus.html
TCTTS
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https://variety.com/2020/film/box-office/pixars-soul-release-delayed-until-november-1234576092/
TCTTS
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https://variety.com/2020/film/columns/god-i-miss-movie-theaters-1234577997/
TCTTS
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https://www.hollywoodreporter.com/heat-vision/paramount-pushes-infinite-release-august-may-2021-1290224
TCTTS
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https://www.hollywoodreporter.com/news/cinemark-lays-17500-hourly-workers-furloughs-corporate-staff-1290247
TCTTS
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https://variety.com/2020/film/news/amc-theatres-bankruptcy-analysis-coronavirus-1234578940/
TCTTS
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For the record, despite the doom-and-gloom nature of the previous two posts, I just want to say that I still have an overall optimistic outlook on where theaters and movies in general land when this is all said and done. I'm merely posting stories like the above because they're news. The theatrical landscape may look very different in a few months, but I'm confident we'll see movies again this year, in theaters, and that theaters will eventually see a huge surge once more.
TCTTS
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https://theplaylist.net/theater-owners-study-film-windows-20200414/
TCTTS
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https://apnews.com/09c62856140e680eaf67afee260dca7b
fig96
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TCTTS said:


https://theplaylist.net/theater-owners-study-film-windows-20200414/
Well they certainly have an unbiased point of view

And reading that article is...interesting.

Quote:

According to a new study (via Variety) from Ernst & Young, commissioned by NATO, it appears that the longer a studio waits before it takes a theatrical release and puts it on home video, the more money everyone makes. The results were said to show a "statistically significant" impact on theatrical box office and home video revenue, per NATO.

The study says that a film that stays in theaters 100 days and doesn't hit VOD until 108 days will make $1.75 million more in revenues than the exact same film that had a theatrical run of 100 days but hit home video in only 98 days. According to the research, 67% of the added revenue comes from the theatrical box office, while the rest comes from home video.
So their claim is that waiting an extra 10 days, after an over three month theater run, nets your typical film an average of almost 2 million dollars more? I call BS.

Taking an outlier like Endgame, it made 2.6 million the 10 days before it's digital release (it released on day 96 whoop) and about 770k the week after. There is zero chance your average film is making numbers anywhere near that 90+ days after release.

DISCLAIMER: fig96 owns shares in CNK that he bought on the cheap after reports that they had enough cash reserves to reopen after the COVID-19 pandemic passes.
TCTTS
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Ha, yeah, I'm not buying it either.
TCTTS
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https://variety.com/2020/biz/asia/wanda-dismisses-amc-bankruptcy-rumors-1234580846/
TCTTS
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Finally, some good news, and an actual date. Hopefully additional chains follow. Granted, a lot can change between now and then, but at least a plan is in place...


https://deadline.com/2020/04/cinemark-re-opening-coronavirus-1202908960/
TCTTS
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Brian Earl Spilner
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Any news is good news at this point.
Aust Ag
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Any good articles on how this is affecting the music touring industry? I mean, I KNOW this is horrible for that segment, devastating. Looking at no shows in an arena for at least 6 months. But wondering how the bands, promoters are coming to grips? Almost every artist had some sort of Spring, Summer tour planned.
TCTTS
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I just keep seeing acts rescheduling for the fall (the latest being Thom Yorke). But I have no idea how social distancing will be practiced at concerts. Seems like a nightmare trying to figure all that out, especially if people have already bought tickets.
mrsbeer05
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TCTTS said:

I just keep seeing acts rescheduling for the fall (the latest being Thom Yorke). But I have no idea how social distancing will be practiced at concerts. Seems like a nightmare trying to figure all that out, especially if people have already bought tickets.


Maybe they will ask for willing refunds, then just a lottery on who gets to stay. I think all GA seats are going to be cancelled. You can't ensure social distance on a lawn or open floor.
Bunk Moreland
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Aust Ag said:

Any good articles on how this is affecting the music touring industry? I mean, I KNOW this is horrible for that segment, devastating. Looking at no shows in an arena for at least 6 months. But wondering how the bands, promoters are coming to grips? Almost every artist had some sort of Spring, Summer tour planned.


Tried to reply earlier today but found out I caught a ban for calling a poster a tool. On f16 no less where that's basically a compliment.

Anyway, the LiveNation ceo was on cnbc yesterday or the day before and he said you likely won't see their business back to full throttle of volume of shows at venues until summer 2021 but there would be shows happening this fall and winter and building out from there. Also mentioned that outdoor venues likely to see more volume quicker than arenas or indoor.

Nothing earth shattering but that was his opinion on things.
TCTTS
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(Welcome to the club. I told someone over there to "shut up" after posting the exact same sentence in thread after thread a couple weeks ago, and I got a 24-hour ban. Meanwhile, I've literally been called a "sick f*ck," among other equally unsavory terms over the past couple of days, for merely suggesting that a large portion of the country ISN'T actively rooting for more death and suffering. That place is never not an embarrassing cess pool/echo chamber.)
Bunk Moreland
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Yeah. I've caught many bans over the years and honestly I just feel like I got short changed.
Pahdz
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why does anyone even visit that forum?
 
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