Cinema Owners Cheer More Reopenings, but Business Still Struggling

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Movie theaters nationwide face a number of challenges, from limited seating capacity to the prospect of changing consumer habits as film fans enjoy first-run movies in the comforts of home

and roller-coaster rides, cinemas were a cornerstone entertainment and a reliable generator of mall foot traffic.

In a sign of their importance to other mall businesses, movie theaters are often designated as anchor tenants when shops and restaurants sign leases. That means these other businesses can reduce their operating hours, rent payments or end their leases without penalty if the cinema were to close.hit the movie theater industry hard, forcing all operators to close for a period. Some will never be back.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The simple solution is to bring back drive in theaters

Unfortunately AMC is done. Tons of debt and the inability to pack theaters will result in their demise. Their only saving grace is it is a meme stock with an artificially inflated stock price, at least for now.

Oh no kids with stimy checks don’t buy $AMC to fuck our hedge fund bros!!! Jesus Christ you boomers are literally lighting the rockets yourselfs with these horseshit articles. 😂🚀

At 20 bucks a movie I want free popcorn 🍿😋

The industry will change. I’m really fascinated to see where it goes. I don’t think the old model will just come back to BAU. too much content and improved home theatre for people to flock back to what was before.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines