That's every big theater in Houston buddy. And i been to all of them the last 16 years
shyt is infuriating
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AMC Theaters’ Credit Takes a Bad Hit; Future in Jeopardy
- Thread starter MartyMcFly
- Start date
shyt is infuriating
That's wild. no thank you. Thats why I said earlier speciality cinemas like a couple in DC and Baltimore, and the Alamo, and similar ones will do well
Theaters are crazy. The costs for air conditioning alone must be insane. You can laugh at the popcorn costing $25 but they barely even get any money from opening weekend ticket sales.
AMC owns and operates these huge huge lots and venues and employs thousands. I wonder what'll replace them
AMC owns and operates these huge huge lots and venues and employs thousands. I wonder what'll replace them
darealvelle
Real Talk
Some huge investment firm will more than help them out.
I AM WARHOL
Veteran
Say sike 
tremonthustler1
aka bx_representer
Starbucks
It's an 80's, 90's business model, which isn't viable anymore. Massive debt, huge operating expenses, thin profit margins, barely any "pivot" to new income streams, or business model. Think of Barnes & Noble, Borders, Macy's, all those failed big stores that we can barely remember.
Leasing massive, massive properties in high rent places
Employing massive amounts of people at single locations
Thin margins on bad food, that no one wants to pay for
Electric bills
The future is, or should be, highly "luxurious" small boutique theaters, 8 screens or less, have high level dining available, think Michelin star chefs, with a lounge atmosphere in the bar. We have The Lot here in San Diego, pretty close to what I am describing. but eliminate chains, or at least massive ones, and localize them, or at least strip down the operating costs. You will have higher profits from the food/alcohol/events, and higher on tickets, because people are paying for the experience, willingly. At least it's a manageable business model, those sprawling, out of control, debt addled companies are done. Think Blockbuster. They had years and years to make changes, and they doubled down again and again. Bail them out, only because the employees need jobs.
Leasing massive, massive properties in high rent places
Employing massive amounts of people at single locations
Thin margins on bad food, that no one wants to pay for
Electric bills
The future is, or should be, highly "luxurious" small boutique theaters, 8 screens or less, have high level dining available, think Michelin star chefs, with a lounge atmosphere in the bar. We have The Lot here in San Diego, pretty close to what I am describing. but eliminate chains, or at least massive ones, and localize them, or at least strip down the operating costs. You will have higher profits from the food/alcohol/events, and higher on tickets, because people are paying for the experience, willingly. At least it's a manageable business model, those sprawling, out of control, debt addled companies are done. Think Blockbuster. They had years and years to make changes, and they doubled down again and again. Bail them out, only because the employees need jobs.
Barnes & Noble is still around.
Fred.
Of course, something of a Freudian slip, I still go to one in San Diego sometimes, but everytime I do, I am overwhelmed by the huge inventory, the lack of turn around and the SPACE. They are huge. They are dead men walking in the business world, just waiting to be bought and split up, or declare bankruptcy. They are overextended on credit and even seeking a overhaul by UK based book sellers CEO of Waterstones books.
Json
Superstar
Mixed use theaters.
Small building/indoor for the IMAX smaller budget and a couple of outdoor screens/ drive-in.
Membership program come with incentives like bringing food from nearby restaurants to the theater.
Small building/indoor for the IMAX smaller budget and a couple of outdoor screens/ drive-in.
Membership program come with incentives like bringing food from nearby restaurants to the theater.
Every time I walk into an AMC, I just feel like the the finances are so out of control. There's a feeling I get in those kinds of businesses, I am not sure of a good example of a business that makes money, with solid/high margins, and everything feels right, probably very high end hotels? But, even that is a part of the image. Even a food truck where there is a line around the corner, every day, with simple plates of food, feels right. AMC feels empty, and if hemorrhaging money has a feel, AMC would be it.
This virus gon kill the theater game, maybe not completely but it’s gonna suffer. Which sucks because Infinity War and Endgame were great theater experiences. Endgame may legit be the last epic moment for a minute.
Peak sales were 2002
Ironman
#Knickstape
Theaters gotta survive this shyt man they gotta
so theaters have been living on borrowed time
it will never be duplicated
something coming close may be impossible now also however. these are the beginning chapters of the streaming home theater era