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Re:The disappearance of the hit-driven business model by chx on Thursday January 12, 2023 @03:38AM (#34350766)
Based on box office numbers, where 2022 should've been the year of recovery, perhaps even surpassing pre-pandemic number as people surged back to the cinema... none of that happened. The numbers are down drastically, box office is 60% of the pre-pandemic times. This year doesn't look particularly promising either. One Avatar a recovery doesn't make.

The blockbuster movie and the multiplex cinema created a self strengthening cycle but it's over. I think we will see entire chains going under and with them, the blockbuster will die too.

It is indeed the time of the home theater. A family of four wants to go to the cinema, that's at least $100 if not $200 outright. Or they can watch Disney+. This is a no brainer.

Re:The disappearance of the hit-driven business model by jasmer on Thursday January 12, 2023 @03:48AM (#34350813)
Price.

If they cut the ticket price dramatically, people would go to back to the theatre.

Pricing structure for cinema is completely wrong.

Re:The disappearance of the hit-driven business model by HelloNurse on Thursday January 12, 2023 @04:42AM (#34351243)
I've had a multiplex restructured with about 25% of the seats (replacing normal, comfortable seats with ridiculous motorized reclining armchairs) and now the films I care about are frequently sold out. Their "pricing structure" cares about removing booze at the bar, making soft drinks self-service to save some labor, replacing the arcade games and bookstore that made waiting for the movies pleasant before the pandemic with a huge empty atrium to save further labor, and so on.
Re:The disappearance of the hit-driven business model by jasmer on Thursday January 12, 2023 @04:43AM (#34351252)
Ticket revenues to to the studio, popcorn to the theatre.

Studios need to drop their pants and share revenues with theatres.

Re:The disappearance of the hit-driven business model by jeff_jefferson on Thursday January 12, 2023 @05:48AM (#34351732)
I love the new screens with the reclining chairs. I've not been to the cinema much in the last 3 years (COVID plus children) but I only go to the cinema nearby that has the armchairs.
Re:The disappearance of the hit-driven business model by dageshi on Thursday January 12, 2023 @06:08AM (#34351884)
I don't think price is really the answer. It's convenience. Is a movie worth going to see in a cinema or should I just wait to see it via streaming.

The pandemic reset peoples behaviour for streaming to be the default and cinema for special occasions with movies people really want to see on a big screen. It seems like when people do want to go to the movies they want to see stuff on the biggest and best premium screens and they'll pay for that as well because they're going less frequently.

Streaming has both a convenience and a price advantage, damned hard to compete with that.

Re:The disappearance of the hit-driven business model by juve1996 on Thursday January 12, 2023 @01:58PM (#34358646)
> I don't think price is really the answer. It's convenience. Is a movie worth going to see in a cinema or should I just wait to see it via streaming.

Not really different than waiting for the DVD, though, is it?

I think price is definitely part of the equation. Going to the theater is a nice way to get out of the house. That argument gets worse and worse as you realize you're paying $20 for popcorn and an extra $10 for a drink. Add in the ticket costs and a family of 4, and it just becomes prohibitively expensive for what you're getting.

Re:The disappearance of the hit-driven business model by jasmer on Thursday January 12, 2023 @02:01PM (#34358688)
The theatre is fun and people would do it if it didn't break the bank.
Re:The disappearance of the hit-driven business model by dageshi on Thursday January 12, 2023 @06:44PM (#34361941)
Movies are hitting streaming a month or less after hitting theaters nowadays, DVD's used to take a lot lot longer than that to come out after the theatrical run.

So yes, it is different.

People have been complaining about the cost of going to the cinema for years, it's not a new complaint, I don't think it explains why behavior suddenly changed this year. I think Streaming with its massive quantity of content does, you won't have to wait long for a movie you're kind of interested to be available and there's plenty to watch in the meantime.

Re:The disappearance of the hit-driven business model by fmajid on Friday January 13, 2023 @07:27AM (#34366823)
A lot of things survive on inertia alone. Covid created a break in the routine, and now the new inertia is streaming. With large-screen TVs commonplace, the cinema doesn't necessarily offer a better experience any more, and there is still lingering concern about Covid and its new variants, plus the unsustainable trend of ever-rising ticket prices.
Re:The disappearance of the hit-driven business model by juve1996 on Friday January 13, 2023 @10:34AM (#34369158)
Top Gun Maverick only recently became available to stream, similar to the amount of time it would take for a DVD. It also did INCREDIBLY well in theaters. This will likely be the model given it's success for the big players.

There is nothing forcing streaming platforms to release movies right away. Now that the pandemic is over, you're going to see streaming platforms claw back where they can. They're already starting - banning multi-logins, forcing more ads, etc.

> People have been complaining about the cost of going to the cinema for years, it's not a new complaint, I don't think it explains why behavior suddenly changed this year. I think Streaming with its massive quantity of content does, you won't have to wait long for a movie you're kind of interested to be available and there's plenty to watch in the meantime.

Behavior changed because of the pandemic. Now that it's over people are going to the cinema for good movies - again, see top gun maverick, or spiderman no way home. But they're not going to go for just anything. It's too expensive to go all the time. So for a B movie, yea, why bother when it's on netflix? But the cost is too high to go see that movie in theaters.

Re:The disappearance of the hit-driven business model by mcalus3 on Thursday January 12, 2023 @04:02AM (#34350919)
In Poland cinema ticket costs ~5$. Is it really 10 times more expensive in USA? Why?
Re:The disappearance of the hit-driven business model by wongarsu on Thursday January 12, 2023 @04:19AM (#34351060)
Just next door to Poland, in Germany, it's already $15 per ticket. And at least with adults or teenagers it's very easy to spend another $10 per person on snacks and something to drink, which already pushes you to $100 for four people.
Re:The disappearance of the hit-driven business model by thaumasiotes on Thursday January 12, 2023 @04:58AM (#34351386)
At my local theater in California, an adult ticket to see A Man Called Otto at 7:30 pm is $11.75 and a child is $8.50. So a family of four would be spending $40 - $50 to see the film.

Avatar: The Way of Water at 6:30 has the same pricing.

A package of candy from a local store will be $1.50 - $3. (Each.) There's no way you're getting up to $100. (You could spend more by buying food inside the theater, but you'd have to be stupid to go for that.)

Re:The disappearance of the hit-driven business model by pipo234 on Thursday January 12, 2023 @07:31AM (#34352545)
> another $10 per person on snacks and something to drink

Fair enough - Netflix doesn't charge $10 for snacks & drinks, but I don't get them either.

Similarly, a glass of wine in a restaurant is "overpriced" compared to drinking on your home cough from a liquor store.

What I mean is: make a fair comparison, please. Different experience, different price.

(Though I concur that Poland ticket price sounds much more reasonable)

Re:The disappearance of the hit-driven business model by WA on Thursday January 12, 2023 @04:15AM (#34351028)
Germany, Cinemaxx, Avatar in 3D at prime time: €17.49 without food and drinks.

(includes half an hour of ads before the movie starts, at least that is what it used to be 5-10 years ago, I haven’t been to a cinema in years)

Re:The disappearance of the hit-driven business model by Dudeman112 on Thursday January 12, 2023 @05:50AM (#34351742)
Here in England Vue also includes half an hour of ads before the movie starts

At least it seems to be consistent i.e. you can schedule to get in there 25 minutes late

Re:The disappearance of the hit-driven business model by andirk on Thursday January 12, 2023 @04:49AM (#34351298)
I thought the super hero movies had the movie theaters cornered for the past 10 years. And now there are popular films that aren't a super hero fighting another super hero in a melee battle despite the fact they have superpowers. That could explain lower sales to at least some degree.

And it looks like one of the recent big hits "Ruthkanda Forever" got poor ratings probably due to being a bad movie.

The industry may try to backpedal to pirates vs vampires soon.