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I normally thought this way, but most cinemas make cents at best on movie tickets. Vast majority of the ticket price goes directly to the producer. The only way they cover the rest of their overhead (and stay in business) is thru concessions.
And theaters are still closing left and right because there is no price point that can draw the crowds they once had. Tickets are too expensive, and concessions are too expensive on top of that. The business is just not sustainable any longer.
For years and years they convinced us we need bigger, better TVs with surround sound and all the add-ons. That every person should build their own home theatre
Then they get mad that we stop going to their theatre.
Who tf is "they"??? I don't think cinema owners were the ones pushing for mass adoption of home theatres.
The people in the video media industry.....
I thought that would have been obvious.
Yeah my big flatscreen in my tiny TV room takes up most of my field of vision from the couch. The difference in quality is almost negligible, but I can pause to grab food, rewind if I missed something, and there's no one else there on their phone or just making noise.
I'll see a movie in the theater every once in a while if it's like a grand spectacle, but most movies are just fine at home, if not better.
Well then they need to figure out a different arrangement with the studios then, selling overpriced popcorn is not a profitable business model, my local indie theater has fixed price tickets and their concessions include alcohol and THC products, it's a better value for money than any of the chain theaters like AMC, Regal. Plus they run older cult classic Hollywood and international movies and it attracts a better crowded, not the loud people who are on their phones.
It's ironic, in my area a lot of small theatres had to close or pivot to arthouse cinemas once multiplex cinemas rolled in, but now we have a revival of the same small theatres since multiplexes have become obscenely expensive and are swarmed with obnoxious teenagers.
That's not my problem. If the Free Market™ works then prices will settle out where they need to so that I don't have yo bring my own snacks and they don't have to overcharge for them. Otherwise, the Free Market™ doesn't actually work and they can get fucked anyway.
They get 20-30% of the ticket sale. Considering the price of tickets, that's more than cents.
The share they keep increases the longer the movie plays.
This idea that they get almost none of the sales is a story they sold people so people would feel guilty not paying for over priced concessions.