Theaters do make money of ticket sales? Ain't it like 50%?
hell no, they wouldn't even be profitable for movie studios, the movie theaters barely make anything of ticket sales and most of the time nothing at all
The HBOMAX deal being an exception because the studios had a contract with AMC so in order to get movies on HBOMAX they had to cut AMC in o profits from HBOMAX streaming in order for them to allow it
but theaters make their money from concessions, that's why all the food is overpriced, the profit margins on popcorn are ridiculous, and the stretching the soda further than jay-z could do with the raw there's a reason why AMC theaters have been around for 100 years, and why star theaters haven't gone out of business even though they are only in select states