13 votes

AMC warns it’ll run out of cash in January, calls out Warner Bros.’ shift to HBO Max

5 comments

  1. [5]
    senko
    Link
    Considering how the movieplex chains snuffed out most small cinemas, I don't think I'll be shedding a tear for them. How's that ruthless capitalism working for you guys?

    Considering how the movieplex chains snuffed out most small cinemas, I don't think I'll be shedding a tear for them.

    How's that ruthless capitalism working for you guys?

    19 votes
    1. [4]
      mrbig
      Link Parent
      IDK, I’m not in the US. But if my city’s/country’s film theaters disappeared I’d probably shed a tear or two, regardless of my esteem for the company that runs them. That would be a cultural loss...

      IDK, I’m not in the US. But if my city’s/country’s film theaters disappeared I’d probably shed a tear or two, regardless of my esteem for the company that runs them. That would be a cultural loss for me and my community.

      6 votes
      1. [4]
        Comment deleted by author
        Link Parent
        1. [3]
          mrbig
          (edited )
          Link Parent
          Yes local cinemas are preferred but things rarely work out in such a binary way. Movie theaters are an expensive operation for a number of reasons, and the margins are slim. In many places, the...

          Yes local cinemas are preferred but things rarely work out in such a binary way. Movie theaters are an expensive operation for a number of reasons, and the margins are slim. In many places, the fall of corporations will not be followed by the resurgence of locally operated film theaters. Things will move online and they’re going to disappear for good.

          Also notice that I am not referring exclusively to the United States.

          5 votes
          1. [3]
            Comment deleted by author
            Link Parent
            1. [2]
              mrbig
              (edited )
              Link Parent
              Wages are terrible here too, but the disappearance of movie theaters may lead to unemployment instead of better employment. In Brazil, bankrupt cinemas outside of shopping malls are usually...

              Wages are terrible here too, but the disappearance of movie theaters may lead to unemployment instead of better employment.

              In Brazil, bankrupt cinemas outside of shopping malls are usually occupied by neo-pentecostal churches. I don’t think they create many jobs.

              One difference about my city in particular is that we do have a local chain of alternative movie theaters, as well as a venue operated by the state (mostly art films and festivals. You can exhibit your own movies too — I have more than once) and another funded by a large bank. They thrived before COVID, despite a strong presence of large corporations.

              3 votes
              1. NoblePath
                Link Parent
                They can carry the horror genre.

                neo-pentecostal churches

                They can carry the horror genre.

                4 votes