BGOL BIZ: AMC Theatres Revenues Drop 4.7 Percent in Q2
- Thread starter playahaitian
- Start date
I don't all that it would take. I imagine once you get into NATO you would have a more clear pipeline to distributors where you'd have to make your exhibition deals but everything you described in the bolded is this spot right here in Huntsville, Alabama.
Ticket counter:
Concessions upstairs and down:
Prive: upstairs VIP where it's 21 and over where they have a bar and food.
VIP Seating: upstairs love seating, a bit pricier of course.
...these aren't the exact ones, but these are about what they look like...
Scene: which is a restaurant/happy hour lounge area when you first come in complete with a balcony if you want to eat outside.
I've been to movie theaters all around the country. This was one of the better ones. Usually independent ones almost always are because they cater to a certain sect like the Alamo Draft House in Texas. This place, the Monaco, has all kinds of events, parties for kids, free summer movies, fights. You can rent out a theater or they have this special area for birthdays. They even had a throwback event last year where they'd show a classic movie like Gladiator of Raiders of the Lost Ark every Thursday night and they'd drop the ticket prices and concessions across the board. My only knock is they haven't gotten into the IMax game yet and one or two of their screens in the smaller theaters need to be maintained better. But it stays packed.
they have something like that in nj..one of my boys was saying how he took his daughter to something like that recently in nj
let's juss say if ur a ny'er and have a hustler spirit than u kno this has been done for yrs..1 of my boys has an event space and we would do football sundays yrs ago...boxing, mma fights..throw in food/liqs at a price..mite be some sports betting goin on
..every now and than have some live entertainment with some strippers
...truss there are many places in ny that use empty floors, empty space, basements for certain things you juss have to be in da knoThey have a few. The one I go to is in Menlo park. What's great is that you have to reserve your seat ahead of time. They serve alcohol there too.
^^^^
http://www.nj.com/entertainment/mov...c_fork_screen_review_a_film_critics_take.html
https://www.amctheatres.com/movie-theatres/amc-dine-in-theatres-menlo-park-12
but they for some reason don't have one in NY BK or Queens...
i think it would POP!!!
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They got shit like that everywhere even in bumfuck statesboro ga
Hell, I just discovered that yhey got some shit at The Cosmopolitan here ta' where it's like you're sittin' at da beach at a movie theater. I luh goin' ta' da movies.
That's a good question, man. I've always wondered about that as the majority of the screenings & premieres here in our region are held at 5 - 7 venues. A few of them are multiplexes with 20 screens. Some of the others are the smaller ones with 5 - 10. They're all pretty good and have varying levels of attendance. Some of them have concessions that thrive ... others are essentially ghosttowns. The smaller ones are in the heart of the city with a shitload of public transit, parking & foot traffic passing by. The multiplexes are a bit out of the way and a trek to get to. The multis hold the big events like WWE, UFC, the opera, etc. I've always wondered about the costs involved at all levels too.
Yeah man - there's this one small venue in town which is basically about 2 mins across the bridge from downtown. Community spot. 7 screens. They draw some of the lesser-screened films & some of the film fest stuff. That place is always dope to go to as the audience is always packed full of people who actually dig film(s). People that get there early ... don't fuck around and act a fool once the movie's on ... and appreciate good performances. If I were ever to own a spot ... it would be something like that, so long as it was profitable. Concession's always hopping. Staff is chill. 2 or 3 of the screens have balconies. That's kinda dope ... feels like you're at a concert or sporting event. Another small spot in the heart of the city's got the stadium seating ... seats that tilt back. That's wassup!
....
Playa - One of the funniest discussions I ever had in regards to business was back around 13 or 14yo. Talking to one of the homies ... and we were forecasting what our ULTIMATE jobs would be if we were entrepreneurs later in life, or just had great gigs in general working for a bigger company. Basically making millions ... running things, etc. After hours of shooting the shit on the bball court ... we selected the following 2 gigs as BEST JOBS EVER ...
- Playboy photographer with T&A around constantly
- Owning your own specialty t-shirt design company (raunchy shit)
- Playboy photographer with T&A around constantly
- Owning your own specialty t-shirt design company (raunchy shit)
I don't think there's that much money in movie theaters, because of the rising cost from the studios.
That's why they're moving to restaurant style theaters and making them more upscale. Theaters make most of their money off the concession stand selling that .60 cent popcorn for $6.
That's why they're moving to restaurant style theaters and making them more upscale. Theaters make most of their money off the concession stand selling that .60 cent popcorn for $6.
What's the cost of those higher-end movie theatres (or specialized screens) in the States?
Here in Canada over the years ... the discount venues have shown flicks for $1, 2, 4, 5, 6, and 8 for the most part. The regular first run stuff for adults is about $12 or 12.50 ... and 3D is about $15 or 15.50. If I remember correctly ... those upscale screenings with the VIP treatment & drinking are around $19.
Here in Canada over the years ... the discount venues have shown flicks for $1, 2, 4, 5, 6, and 8 for the most part. The regular first run stuff for adults is about $12 or 12.50 ... and 3D is about $15 or 15.50. If I remember correctly ... those upscale screenings with the VIP treatment & drinking are around $19.
Fam I try not to pay them high prices for movies, especially for 3D.
I will pay for a movie that's been out for a hot minute then sneak into the 3D movie and bring my 3D glasses from a year ago.
So far shit has worked every single time. Even my girl be down, she like hell naw we not paying full price.
She will pack some food and we will be in there chilln like a mug!
I will pay for a movie that's been out for a hot minute then sneak into the 3D movie and bring my 3D glasses from a year ago.
So far shit has worked every single time. Even my girl be down, she like hell naw we not paying full price.
She will pack some food and we will be in there chilln like a mug!
Girl his ass cheap ass won't even pay $5 for the 3D. He ask me to sneak in like we're 15. Pulling out glasses with lint hair and shit. Soon as I find someone better, I'm out. I'm tired of this coupon carrying muthafucka..
It's the same here.
And the IMAX is a few dollars over the 3D. IMAX is a rip off IMO.
Fam I try not to pay them high prices for movies, especially for 3D.
I will pay for a movie that's been out for a hot minute then sneak into the 3D movie and bring my 3D glasses from a year ago.
So far shit has worked every single time. Even my girl be down, she like hell naw we not paying full price.
She will pack some food and we will be in there chilln like a mug!
I agree, brother. We've got the strategy down at the multiplexes. We aren't paying $30 - 31 for 2 3D tickets. So we just win the passes to the advance screenings (even if it's for say a romantic-comedy) and then just bring along the 3D glasses and check out the better, blockbuster movies instead. They encourage everyone to recycle the 3D glasses in the box on the way out. We've just got a few pairs of 3D glasses at home and bring along some. Price is right - $0.
* boom
I haven't snuck into another movie in YEARS...
and I have been GREATLY unimpressed with recent 3S movies
Agreed, man. Last IMAX movies we paid for = that concert flick from the Rolling Stones directed by Scorsese back around 2006/2007. SHINE A LIGHT. And then birthday week with the homies ... THE DARK KNIGHT in the summer of '08.
Yeah ... one of the funniest experiences was about 2 years back or so. Won tickets to that Disney movie BRAVE ... and went to the 20-screen multiplex knowing we were gonna watch THE AVENGERS - 3D. Problem is ... you get there ... none of the screens are listed, and they've got the ticket takers on each side of the building for the 10 screens to the left, and the 10 to the right. BRAVE was playing on screen 6. Didn't know where Avengers was playing. Went to the customer service desk and asked them - I'm supposed to meet my friend, and I've tried calling them. We're supposed to see Avengers in a few minutes. Their phone must be off. Do you know what screen they're probably in, or heading over to?" - Got the intel ... stood for a few minutes in the hallway and then we walked over to screen 10 or so. Went to take a piss mid-movie and the ticket-taker looked at me puzzled like - "Wait a second ... didn't I check your tickets for BRAVE an hour ago the other way down the hall?"
Here's Why AMC Got the Better End of Its New Deal With Universal
The theater chain may be losing many weeks of movie ticket sales, but they're much less important weeks.
James Brumley
(TMFjbrumley)
Jul 30, 2020 at 4:46PM
Author Bio
The feud is over. Movie theater chain AMC Entertainment Holdings (NYSE:AMC) and the Universal Studios arm of media giant Comcast (NASDAQ:CMCS.A) have agreed on film distribution terms that both sides can live with. For the next few years, AMC movie theaters will have 17 days of rights to new Universal titles before they can be released via streaming video services, a drastically shorter period than the industry's long-standing 90-day minimum window.
It seems like a big shift, and it is. It's also reasonable to expect other studios and theaters to reach similar agreements going forward. At first blush, this seems like a compromise that helps and hurts both sides equally.
Closer scrutiny of how the film business works, however, could lead one to the conclusion that AMC got by far the better end of this deal.
IMAGE SOURCE: GETTY IMAGES.
The best two and a half weeks
The bulk of most new films' box office receipts are earned in the first two weeks they're in theaters -- by a country mile. One only has to examine a handful of pre-pandemic releases' day-by-day ticket sales to see just how true this is.
Let's start with the most recent installment of Disney's Star Wars franchise, The Rise of Skywalker. It opened on Friday, Dec. 20, and had $89.6 million in domestic ticket sales that day. By the end of Sunday that first weekend, it had grossed $177.4 million. The next weekend was big too and pushed the U.S. gross to $377.5 million. By the end of its third weekend (which included New Year's Day), The Rise of Skywalker had made $451.6 million in domestic ticket sales. But by the time the film left U.S. theaters in March, it had only coaxed another $63.6 million out of moviegoers to bring the four-month tally to $515.2 million.
DATA SOURCE: BOX OFFICE MOJO. CHART BY AUTHOR.
In other words, the first three weeks of a film's release -- and really, the first two weeks -- make up the lion's share of its marketability.
And this doesn't just apply to blockbusters, which naturally enjoy bursts of excitement immediately following their debuts that peter out pretty quickly. Take the highly acclaimed A Beautiful Day in the Neighborhood as an example. The story of Fred Rogers and his iconic children's TV show Mister Rogers Neighborhood opened on Friday, Nov. 22, and sold $13.2 million worth of tickets in the United States its first weekend. After the following weekend, that figure had swollen to $34.3 million. By the time the movie left theaters in March, it had racked up a total of $61.7 million in domestic ticket sales. In other words, it made more than 55% of its box office money in its first 10 days in theaters, and that was a film did unusually well later in its release window.
DATA SOURCE: BOX OFFICE MOJO. CHART BY AUTHOR.
Underscoring the idea that A Beautiful Day on the Neighborhood was something of an outlier in terms of how long it was able to draw people to theaters, take a look at how Rocketman's U.S. ticket sales flowed following its May 31 release. The Elton John biopic sold $66.7 million worth of tickets by the end of its 17th day in theaters. But over the next 81 days it remained in U.S. theaters, it sold less than $30 million worth of tickets domestically.
DATA SOURCE: BOX OFFICE MOJO. CHART BY AUTHOR
Theaters still have some leverage
Don't misread the situation. AMC is definitely compromising. Although the bulk of a film's revenue-generating firepower is generally expended by the end of its third weekend, less-new movies still pull their share of stragglers to theaters. If nothing else, those films provide another opportunity to sell patrons overpriced concessions. It's better to use that screen space to drive modest revenue than no revenue at all.
So in that regard, the theater chain is clearly giving up potential revenue. Exhibitors may have to think creatively about trying other media options to monetize their space once films stop showing just two and a half weeks after they debut. This may ultimately lead to a decrease in the theater industry's physical footprint.
However, given the distribution options Universal and its studio peers now have that didn't exist back in the 1940s (when the groundwork for what became the 90-day window of theatrical exclusivity was laid), AMC Theaters did well in its recent negotiations. The direct-to-consumer path was showing promise after Universal's decision to offer Trolls World Tour online produced more revenue than the theatrically released first film in the franchise did. AT&T-owned Warner Bros.'s animated Scoob! film did quite well when it was launched as a pay-per-view feature in May.
As it turns out though, studios need theaters a little more than they may have thought they did. And there will always be some titles that only deliver their best experience when seen on the big screen.
www.fool.com
The theater chain may be losing many weeks of movie ticket sales, but they're much less important weeks.
James Brumley
(TMFjbrumley)
Jul 30, 2020 at 4:46PM
Author Bio
The feud is over. Movie theater chain AMC Entertainment Holdings (NYSE:AMC) and the Universal Studios arm of media giant Comcast (NASDAQ:CMCS.A) have agreed on film distribution terms that both sides can live with. For the next few years, AMC movie theaters will have 17 days of rights to new Universal titles before they can be released via streaming video services, a drastically shorter period than the industry's long-standing 90-day minimum window.
It seems like a big shift, and it is. It's also reasonable to expect other studios and theaters to reach similar agreements going forward. At first blush, this seems like a compromise that helps and hurts both sides equally.
Closer scrutiny of how the film business works, however, could lead one to the conclusion that AMC got by far the better end of this deal.
IMAGE SOURCE: GETTY IMAGES.
The best two and a half weeks
The bulk of most new films' box office receipts are earned in the first two weeks they're in theaters -- by a country mile. One only has to examine a handful of pre-pandemic releases' day-by-day ticket sales to see just how true this is.
Let's start with the most recent installment of Disney's Star Wars franchise, The Rise of Skywalker. It opened on Friday, Dec. 20, and had $89.6 million in domestic ticket sales that day. By the end of Sunday that first weekend, it had grossed $177.4 million. The next weekend was big too and pushed the U.S. gross to $377.5 million. By the end of its third weekend (which included New Year's Day), The Rise of Skywalker had made $451.6 million in domestic ticket sales. But by the time the film left U.S. theaters in March, it had only coaxed another $63.6 million out of moviegoers to bring the four-month tally to $515.2 million.
DATA SOURCE: BOX OFFICE MOJO. CHART BY AUTHOR.
In other words, the first three weeks of a film's release -- and really, the first two weeks -- make up the lion's share of its marketability.
And this doesn't just apply to blockbusters, which naturally enjoy bursts of excitement immediately following their debuts that peter out pretty quickly. Take the highly acclaimed A Beautiful Day in the Neighborhood as an example. The story of Fred Rogers and his iconic children's TV show Mister Rogers Neighborhood opened on Friday, Nov. 22, and sold $13.2 million worth of tickets in the United States its first weekend. After the following weekend, that figure had swollen to $34.3 million. By the time the movie left theaters in March, it had racked up a total of $61.7 million in domestic ticket sales. In other words, it made more than 55% of its box office money in its first 10 days in theaters, and that was a film did unusually well later in its release window.
DATA SOURCE: BOX OFFICE MOJO. CHART BY AUTHOR.
Underscoring the idea that A Beautiful Day on the Neighborhood was something of an outlier in terms of how long it was able to draw people to theaters, take a look at how Rocketman's U.S. ticket sales flowed following its May 31 release. The Elton John biopic sold $66.7 million worth of tickets by the end of its 17th day in theaters. But over the next 81 days it remained in U.S. theaters, it sold less than $30 million worth of tickets domestically.
DATA SOURCE: BOX OFFICE MOJO. CHART BY AUTHOR
Theaters still have some leverage
Don't misread the situation. AMC is definitely compromising. Although the bulk of a film's revenue-generating firepower is generally expended by the end of its third weekend, less-new movies still pull their share of stragglers to theaters. If nothing else, those films provide another opportunity to sell patrons overpriced concessions. It's better to use that screen space to drive modest revenue than no revenue at all.
So in that regard, the theater chain is clearly giving up potential revenue. Exhibitors may have to think creatively about trying other media options to monetize their space once films stop showing just two and a half weeks after they debut. This may ultimately lead to a decrease in the theater industry's physical footprint.
However, given the distribution options Universal and its studio peers now have that didn't exist back in the 1940s (when the groundwork for what became the 90-day window of theatrical exclusivity was laid), AMC Theaters did well in its recent negotiations. The direct-to-consumer path was showing promise after Universal's decision to offer Trolls World Tour online produced more revenue than the theatrically released first film in the franchise did. AT&T-owned Warner Bros.'s animated Scoob! film did quite well when it was launched as a pay-per-view feature in May.
As it turns out though, studios need theaters a little more than they may have thought they did. And there will always be some titles that only deliver their best experience when seen on the big screen.
Here's Why AMC Got the Better End of Its New Deal With Universal | The Motley Fool
The theater chain may be losing many weeks of movie ticket sales, but they're much less important weeks.
www.fool.com
AMC Entertainment Plans To “Go On Offense” With Major Upgrades To Movie Theaters Amid Box Office Recovery
Top movie theater owner AMC Entertainment unveiled a "go-on-offense" plan to upgrade seating, projection and auditoriums in the coming years.
deadline.com