No, would be difficult to replicate the experience of trying to watch a movie while being surrounded by people fidgeting, talking, rustling sweet packets, stuffing themselves with popcorn.....
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looks like the buyers are lining up big time .... must be the big blockbuster of wonder woman to be released at xmas
I think you guys are underestimating the Warner move. Other studies will follow. The big bucks are made from streaming now. Disney+ has 70m subscribers. Also a lot more money and creative talent going into TV via Netflix and Amazon.
Yes cinemas will still exist but there will be fewer of them and thus less potential license revenue for Vista.
Good stuff
For those who just don't click on links the headline is
Cinemark Celebrates 100,000 Private Watch Party Milestone Driven by High Consumer Demand, Delighting more than 1.3 Million Moviegoers with a Personalized Big-Screen Experience in a Dedicated Auditorium
Funny eh...CNK is doing well but AMC is struggling due to high debts..I guess the most important in investing companies is looking at their debts level
As predicted Disney is following Warner with plans to massively grow Disney+ in the next few years. Lots of blockbuster content skipping theaters and going straight to its streaming service.
Quote:
Disney said that over the next few years, Disney+ will have roughly 10 new series from Marvel and Star Wars, as well as 15 Disney live action, Disney Animation and Pixar series. Disney also said that 15 new films from Pixar, Disney live action and Disney Animation will be heading to the service.
https://edition.cnn.com/2020/12/10/m...ing/index.html