AMC/Regal/Cineworld Theaters may go bankrupt (CINEWORLD GOES DOWN!)

LennyNero1972

Sleeping Deity.
BGOL Investor
Just waiting to see what 2021 brings.:puzzled: Mainly waiting on "The Matrix 4" the rest I wanna see are "DUNE" ,"The Kingsman", "No Time To Die" and lastly "Black Widow". MGM is selling the Bond flick for 600 Million, Apple and Netflix said no but MGM may have to let it go for less.
 

tallblacknyc

Rising Star
Certified Pussy Poster
Actors salaries will decrease as well. Many of them have huge homes and millions in expenses as well as child support and other family contributions. Remember, not all actors are A-List. We already have seen that movie production has come to a crawl. So, even the ancillary personnel will take pay cuts. Because most of them, they aren't working right now.

Think about this, the cast of Black Lightning doesn't even have a production date yet. And most of those actors have not done any other work, with the exception of some very small supporting roles.

We are witnessing a drastic change in how movies will be made in all aspects.
There’s also many movies being made right now as well as casting for future movies/shows/series.. i have firsthand knowledge of some of this.. when it come to making money shit don’t stop they just fig out diff solutions to get to the same outcome
 

mrcmd187

Controversy Creates Cash
BGOL Investor
So with theaters losing all kinds of money and getting close to bankruptcy whose going to step in a buy them out, that should be the question the theater industry at this moment and time has nothing to negotiate a high asking price cause future revenue is looking like shit right now on top of mounting debt.
 

veritech

Black Votes Matter!
Platinum Member
So with theaters losing all kinds of money and getting close to bankruptcy whose going to step in a buy them out, that should be the question the theater industry at this moment and time has nothing to negotiate a high asking price cause future revenue is looking like shit right now on top of mounting debt.

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xxxbishopxxx

Rising Star
BGOL Investor
People keep saying that. Why would Amazon need or want to buy out theater chains when they can build a home media empire that can rival all the streaming services and cable services? They will have the pay per view on lock and after a year or so, flip it over to their Prime or even their IMDB service. There's nothing to gain by them buying up a failed theater chain.
 

veritech

Black Votes Matter!
Platinum Member
People keep saying that. Why would Amazon need or want to buy out theater chains when they can build a home media empire that can rival all the streaming services and cable services? They will have the pay per view on lock and after a year or so, flip it over to their Prime or even their IMDB service. There's nothing to gain by them buying up a failed theater chain.

 

MistaPhantastic

Rising Star
Platinum Member
People keep saying that. Why would Amazon need or want to buy out theater chains when they can build a home media empire that can rival all the streaming services and cable services? They will have the pay per view on lock and after a year or so, flip it over to their Prime or even their IMDB service. There's nothing to gain by them buying up a failed theater chain.
You're thinking in the now.
Corporations think years in the future.
Covid will either get defeated like other viruses (smallpox, etc.) or become a manageable recurring seasonal event like the flu.
So, what happens to those spaces when everyone is back out? If they control them, they control a revenue source. If they want to make them multimedia experiences or immersive tech experiences, they can. If production studios have to deal with them in some capacity, they will become the LiveNation of theater experiences and they can make changes accordingly. Coordinating movie releases becomes much easier for therm and they have control over what goes out.
International sales account for a lot of box office revenue and best believe other countries will return to normal once a vaccine is out, so who's gonna get that money?
Think BIG, bruh.
 

850credit

Rising Star
BGOL Investor

This would not make me risk COVID to see at the movies.

It's official: we have a new 007, and she is making history as the first Black woman to take up the mantle in the James Bond universe. As had leaked last year but has now been confirmed, Lashana Lynch will be playing the new 007 in No Time to Die. She will be taking over for Daniel Craig's Bond in his absence from MI6. It makes for a historic moment in one of cinema's most enduring franchises.
 

D24OHA

Rising Star
BGOL Investor

There's a law that distributors cannot be theater chain owners....

But now would be a good time to bust that up.....but that would make Amazon and Netflix even bigger forces.

Hollywood would absolutely hate that idea though...

We have already discussed the potential of a Amazon, Apple or a Netflix theater chain.....

Binge worthy weekdays ( watch Stranger Things or etc season 1 for $50 tickets...well maybe not Stranger Things maybe a 2 day event for shows over 6 hours and 1 day for 6 hour seasons) with a 3 minute intermission between episodes for bathroom/ concessions

I don't know mayne
 

Helico-pterFunk

Rising Star
BGOL Legend





 

Helico-pterFunk

Rising Star
BGOL Legend


 

gene cisco

Not A BGOL Eunuch
BGOL Investor
:lol: So businesses want more welfare? They got bipartisan support too? So a good number of theaters need the 'crush the virus' clown to stop obstructing or they are going out of business? Wonder if hollywood will start to get more involved since the mean man is out and really no more need to obstruct and it affects them directly. Theaters go down and so do those high ass salaries.

Theaters back to getting shut down overseas too, and that was unexpected.. 100k daily cases here? Yeah, it will be a long winter without aid.

How's that for some shit though? Two 80-year-old dinosaurs in Mitch and Pelosi basically hold the future of entertainment in the U.S. in their hands.
 

850credit

Rising Star
BGOL Investor
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mrcmd187

Controversy Creates Cash
BGOL Investor
New restrictions are going into effect, vaccine not going to be ready for mass distribution to mid 2021 at the earliest which will probably mean late 2021 early 2022 before we get back to some kind of less restricted life. Don't think the theaters will make that long
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
Yo, @tallblacknyc . Check this shit out. :lol:



So just like we said, it's happening. Wonder woman gets an internationals release in theaters 1 fucking week before hitting streaming. Swear I told these knuckleheads this is EXACTLY how streaming would go down in the states. International than domestic stream.
 

D24OHA

Rising Star
BGOL Investor
Universal Pictures just upped the ante with Cinemax Theaters

You make $50 mil first week, you're theater exclusive for 5 weekends / 31 days

You make $49,999,999 or less the first week.... you go to streaming after 17 days....



Universal's new deal with a theater chain -- Cinemark, this time -- will let the film studio rent its new movies online dramatically sooner than ever before, but the latest agreement has a twist: If a Universal movie scores $50 million or more at the box office in its opening weekend (which gigantic franchises like Fast & Furious and Jurassic World uniformly do), that flick gets to stay in theaters exclusively for 31 days, or five weekends. If the movie doesn't hit the $50 million mark, it can be released to rent online just 17 days after its big-screen premiere, or three weekends.

The Universal-Cinemark deal puts a slightly different spin on a similar arrangement that Universal reached with theater chain AMC in July. That deal didn't include the option for a different "window" of theatrical exclusivity based on box-office returns; instead, it only provided the 17-day waiting period before Universal could rent a new movie online. Because Universal can't release the same movie two different ways, the more-restrictive Cinemark deal, with the $50 million carve-out that keeps movies in theaters longer, will prevail.

Regardless, both agreements mean movie releases will never be the same again in the post-pandemic future. Whether new movies rent online three weekends or five weekends after they hit big-screen cinemas, that's a titanic change from the standard months-long period that theaters traditionally have enjoyed exclusive dominion over new films.



Universal was one of the first studios to test its fortunes in the coronavirus pandemic by essentially skipping theaters in favor of online rentals, when it released Trolls World Tour as a digital rental in April on the same day the film was available in a sprinkling of theaters. That experiment triggered outrage from theater chains, which have clung tightly to the traditional 75-day (or longer) window that theaters usually get to exhibit new movies exclusively before films move to other formats. But Trolls World Tour -- a DreamWorks Animation movie under the umbrella of Comcast's NBCUniversal -- ended up dominating home viewing stores the weekend it was released. It was the top on-demand title on Amazon, Comcast, Apple, Vudu, Google/YouTube, DirecTV and FandangoNow, and it did about 10 times the business of the studio's next biggest opening day for a traditional digital release, NBCUniversal said. The latest Cinemark deal encompasses both Universal Pictures, as well as DreamWorks Animation and Focus Features, known more for midbudget fare like the thriller London Has Fallen, the Downton Abbey movie and Brokeback Mountain. After the 17-day or 31-day period of theatrical release, Universal may then offer the film through what's known as "premium video-on-demand." PVOD, as it's sometimes called, usually means limited-period rentals at a higher price, and they can be available on a range of online stores like iTunes and Amazon Video. "Universal's century-long partnership with exhibition is rooted in the theatrical experience, and we are more committed than ever for audiences to experience our movies on the big screen," Donna Langley, the chairman of Universal's filmed entertainment group, said in a statement. She added that the structure for film releases going forward gives the company "the confidence to release our movies in the marketplace, keep the content pipeline moving, and provide consumers with the optionality that they are looking for."



Cinemark CEO Mark Zoradi said "a more dynamic theatrical window, whereby movie theaters continue to provide an event-sized launching platform for films that maximize box office and bolsters the success of subsequent distribution channels, is in the shared best interests of studios, exhibitors and, most importantly, moviegoers."

In the coronavirus pandemic, studios have almost uniformly decided to postpone the release of their biggest new movies, as theaters remain closed or limited in how many seats they can fill -- and as audiences have shown caution about sitting in windowless rooms with strangers for hours. But as the pandemic stretches on, studios are coming up against the difficulty that some of their films must be released other ways, with the heavy stacking of delayed movies sure to depress box-office performance even when theaters do reopen.
 

tallblacknyc

Rising Star
Certified Pussy Poster
Yo, @tallblacknyc . Check this shit out. :lol:



So just like we said, it's happening. Wonder woman gets an internationals release in theaters 1 fucking week before hitting streaming. Swear I told these knuckleheads this is EXACTLY how streaming would go down in the states. International than domestic stream.
Lmao oh snap.. I thought Netflix was gonna try to get them.. I wonder how much hbo paid them? Like I said streaming wars.. companies gonna try to grab up all the available blockbusters... good look for hbo to try to get new subscribers + they can use this and the Snyder cut to go hand and hand with each other... lets see what blockbuster is next? disney better reconsider putting black widow on Disney play now
 

D24OHA

Rising Star
BGOL Investor
Lmao oh snap.. I thought Netflix was gonna try to get them.. I wonder how much hbo paid them? Like I said streaming wars.. companies gonna try to grab up all the available blockbusters... good look for hbo to try to get new subscribers + they can use this and the Snyder cut to go hand and hand with each other... lets see what blockbuster is next? disney better reconsider putting black widow on Disney play now

HBO is a TimeWarner company....Warner owns DC ...
Netflix never had a chance/ was never an option
 

KA$H

GoldMember
BGOL Investor
Netflix buying theaters would mean their streaming service would get even shitter, because all of their decent original movies and specials would go to the theaters 1st.
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
Lmao oh snap.. I thought Netflix was gonna try to get them.. I wonder how much hbo paid them? Like I said streaming wars.. companies gonna try to grab up all the available blockbusters... good look for hbo to try to get new subscribers + they can use this and the Snyder cut to go hand and hand with each other... lets see what blockbuster is next? disney better reconsider putting black widow on Disney play now
Man listen, with this fucking virus surge AND biden win, it's a wrap for theaters stateside. Stick a fork in them. They better take that streaming loot and use the held-up blockbusters to attract buyers while the streaming services use the blockbusters to bolster clientele.

Black Widow better hit Disney+. AMC will be out of business regardless.
 

D24OHA

Rising Star
BGOL Investor
Man listen, with this fucking virus surge AND biden win, it's a wrap for theaters stateside. Stick a fork in them. They better take that streaming loot and use the held-up blockbusters to attract buyers while the streaming services use the blockbusters to bolster clientele.

Black Widow better hit Disney+. AMC will be out of business regardless.

Yeah we're about to be under a serious 2nd shutdown....all because one clown put the economy (in the short term) over people's lives and the economy (in the long term)

The US is gonna lose a lot of businesses big and small, a lot of different industries are feeling these repercussions and some of them will not be seen from again...
 

tallblacknyc

Rising Star
Certified Pussy Poster
Netflix about to make an additional 2.4 billion within the next 12 months with their $1 hike I wonder what movies they gonna pay to put on their site.


also candyman , and the Chris rock version of saw might be cool lil cheap buyouts to capture the black demographic i wonder who gonna buy them
 

mrcmd187

Controversy Creates Cash
BGOL Investor
Netflix buying theaters would mean their streaming service would get even shitter, because all of their decent original movies and specials would go to the theaters 1st.
That won't happen now virus back with a vengeance, 45 fucking things up theaters won't see the light of day till the end of 2021 if the aren't in bankruptcy. Universal just pulled a fast one on Cinemark Theaters knowing they won't hit that 50 Million mark in a week here in the states.
 
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veritech

Black Votes Matter!
Platinum Member
It's being shown in countries without HBO Max starting December 16. But yeah, stateside theaters/streaming happens at the same time.

The film's December 25 launch date had been previously announced after being bumped out of June, then once again out of October. That Christmas launch date remains fixed for theaters around the world—including those in the United States that remain open in the face of rising COVID-19 contraction rates. The news today is that HBO Max, which currently operates exclusively in North America, will additionally serve the film on the same day—without charging existing subscribers any extra fee on top of its $14.99/mo rate.
 
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