SA’s leading cinema chains continue to battle for business despite reopening over two months ago.
Several big movie studios have also turned to Video on Demand Platforms to release their blockbusters. “We have had several ‘sold out’ performances in some of our cinemas where additional capacity would have been good for our business. “We have seen constant growth since reopening in September 2020 and the industry as a whole is currently trading at between 10% and 15% of the same period last year.
“The recent downgrade to level 1 of the Covid-19 lockdown protocols is a positive indicator to all South Africans that things are improving and the economy will begin to recover.” “It is clear that there is always room for cinema in the content value chain and as long as cinemas deliver what customers expect, they will always be acknowledged as the best way to consume films.”“Nu Metro is doing well under circumstances.
SaturdayStar They must reduce their price of popcorns and drinks by 50% !
SaturdayStar Good. The movie industry must clean out their predator sex fiends and become a clean industry before we send our children out to watch their movies.