Universal, Cinemark Strike Historic Deal Shrinking Theatrical Window for Event Pics t

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Originally Posted by Lee A Stewart

I have one for you: Pistachio Land Is New Mexico's Largest Nut In The World

[Show spoiler]

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Hmmm Pistachio Land? I kinda want to go there now.

And that's where we disagree. The major theater chains WILL survive. They have many financial remedies that the mom & pop owned/regional chains just do not have.

You dare disagree with me? How dare you. My local congressman will hear about this. This is absolutely intolerable.

I do feel that we are almost in agreement, but we are looking at different sides of a multi-colored rock. Because I do agree that mom & pop theaters simply won't survive, but the many of the buildings will still be in play as movie houses after some savvy investment firms/investors take them over. However I don't see anyone person/group taking over all of them. I think the the person or groups will only take over certain locations/regions.

However I'd estimate that they'd close the most unprofitable and undesirable locations and focus resources on the most viable locations to begin the process of getting ready to flip them to whichever studio/company makes the first move in the next half decade or so.

Depending on the region, I'd say anywhere from 30-40% of theaters will be gone. Or perhaps marked as historical and preserved as a theater that shows classic movies. But that would only account for less 3% of currently existing mom and pop locations. Unless people suddenly get really attached theaters and decide they represent an invaluable piece of Americana. But honestly, that ain't happening.

Still not willing to bank on the major chains though.

And I agree. But it may be 50% smaller than it is today.

I'm gonna be relentlessly optimistic about theatrical exhibition until all hope is gone and the last glimmer fades.

I counter your 50% with 40%.

I do have a few caveats though, this all depends on major studios still existing in the next few years provided we aren't hit with a cataclysmic meltdown of North American society.

We have 65 theaters here in New Mexico. All are still closed.

Interesting, 65/2.097 million vs 70/1.787 million.