garindan wrote: ↑Thu Oct 08 2020 9:31pm
AAAlphaThunder wrote: ↑Thu Oct 08 2020 7:48pm
And let's not forget the rise of online streaming and the shift in business strategy to release more and more movies online.
I think this point is most likely the death knell for the big cinema chains. Covid has caused the temporary closure of cinemas but also given film studios the chance to try out alternative approaches. I can't see how big cinema chains can open again any time soon and without the prospect of new films they are dead and buried. Boutique cinemas on the other hand - well I see a potential bonanza happening there, so older classical style cinemas showing older films, offering a more interesting service than cheesy nachos, syrup cola and vats of popcorn at ridiculous prices.....
I think you could be right. With the advent of larger 'normal' TV screens and affordable sound systems, watching a film at home 'on TV' is quite a different experience to when I was young. Throw in the cheap instant accessibility of a streaming service and it's an inviting prospect. You don't even need to be kind and rewind. Covid is now forcing the pace of that shift and the big multiplex cinemas will suffer the most as they need blockbusters and lots of bums on seats to survive.
The small cinemas on the other hand have a business model that relies on fewer screens and therefore fewer films. They are also much more inclined to show an older classic.
There's a couple near me that are restored art deco buildings and they are fabulous inside. Not just visually stunning; the seats are huge and plush, the bar serves drinks in glasses and they installed a modern digital projection and sound system along with the old 35mm projector, so you get the best of both worlds. They've had social distancing from the day they opened - you can't touch the seat in front when you stretch your legs out! Down in the stalls, the seats are arranged around tables (rotating chairs) and there is a bar at the back of the stalls that you can visit during the film. It really is a very different experience, and the ticket prices are the same as the big multiplex (albeit no Meercat Movies).
I think you're right, that the bland multiplexes will struggle to make ends meet, but the smaller venues will survive because they're geared up for smaller footfall anyway. At the other end of the scale, the top end screens, such as Imax and 3D should also survive, because if you're going to go out to the cinema now, you might as well make it an experience.