Quote:
Originally Posted by DaneMcCloud
I hate to break it to you all but movie theater chains will disappear over the course of the next decade.
The entertainment business has been very interested in Premium Video on Demand for quite some time and with the success of Trolls 2 and movies that were previously scheduled to sell at venues like SXSW, some of which are going straight to Amazon, movie theaters just won't have a sustainable business for much longer.
I'm sure that Mom & Pop and Fine Arts theaters will exist and there will probably be a few theaters left for massive blockbusters and IMAX. But the days of 16+ Multiplexes were dwindling before COVID-19 and with AMC filing Chapter 11, we're sure to see less movie theaters in the coming years.
The virus sped up the inevitible.
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Govt did. The virus didn't do shit