It's the worst thing to happen to most industries. The only ones that have it good are Amazon, big box, and grocery stores.
Quote:
"From a cash standpoint, we can see this thing through way into next year if need be," Mark Zoradi, Cinemark's chief executive, said by phone.
I would be very surprised if a third of Disney+ subs in the US purchased access to Mulan.Quote:
An estimated 29% of U.S. households with Disney+ watched "Mulan"
Nothing about Tenet ever said save theaters to me but rather was 100% about Nolan's ego. I say that as a fan of Nolan's work.TCTTS said:
This is starting to feel less like an attempt to save theaters, and more like a hostage situation. By the time Tenet hits NY and LA in-full - which is likely still weeks away - it won't be making a dime anywhere else in the country. I just don't see how this is an even remotely tenable situation. Theaters have to be losing massive amounts of money right now. At what point do they just throw their arms up, tell WB "enough," and have to close?
Rick Dalton said:
I have no idea what to make of this mess anymore. Last week the Cinemark CEO said they had the cash to stay open for months but there were also a few articles that pointed out that it was better for theaters to be closed because it gave them more leverage in negotiating their leases. A poster above made a good point of Tenet and Christopher Nolan probably not being the right combination to reopen theaters. I think for now they try to stay the course and hope that Black Widow and No Time to Die both stick with their November dates and hope that brings more people in. Those two lead into the holiday season though, and I just can't see most families wanting to go to the movies during a pandemic. I'm not saying that some won't do it, but if the choice is go to the movies or spend the holidays with your elderly parents and grandparents then I know which one I'm choosing. Ugh.