Re:People Loved MoviePass Nearly to Death
by bobthepanda on Monday May 21, 2018 @05:10AM
(#17117107)
Keep in mind that urban areas have much higher property values, which get passed down by landlords in the form of much higher rents per sq ft. Chain movie theaters are more or less the same size everywhere you go, so an equivalently sized movie theater in a bustling downtown is likely paying top dollar.
https://www.strongtowns.org/journal/2017/8/9/gary-morris-law...
But is the commercial real estate expensive there? In a lot of suburban areas commercial areas can be significantly detached from residential in terms of pricing to to rezoning difficulties.
Re:People Loved MoviePass Nearly to Death
by rohandhruva on Monday May 21, 2018 @01:59AM
(#17116447)
To add to what dragonwriter said, weekend evening tickets at my local Cinemark theatre is $14.50 for a 2D movie in its first or second week.
It's strange to hear there are places Cinemark has significantly higher prices: I live in a fairly affluent suburban area, my Cinemark is literally around the corner from a significant number of multi-million dollar properties. Anyone who sees movies near me can arguably afford the higher ticket prices.
But thanks for the non-local perspective on the matter!