Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

exboyfil

(18,054 posts)
4. The problem will be that a Paid View on Demand model
Tue Oct 6, 2020, 11:55 AM
Oct 2020

will not generate the same revenue as the current theater model. So if the model collapses, you won't be getting nearly as many big budget movie franchise entries like LOTR, MCU, Bond, DCEU, etc.

If the production companies continue to PVOD there big budget movies already completed or into production, then they will not get the anticipated payment (in many cases even losing money). The investors will opt out. Actors and productions crews will lose future opportunities to work. Also we miss out on those movies.

There is also an economy built around attending movies. The theater, the concession suppliers, the malls and foot traffic, and surrounding restaurants and bars.

Movies in the theaters are a huge part of the economy. $11B in tickets in 2019. I got to think the concession sales are in the $3-$5B range.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Culture Forums»Movies»'Dune' ditches 2020, whil...»Reply #4