Hollywood Might Not Bounce Back From Theaters' $1.3 Billion Stock Collapse

>After several months of flops like Warner Bros.’ “King Arthur” and EuropaCorp’s “Valerian,” movie studios and theaters are beginning to acknowledge that their streak of record-setting ticket sales may be coming to an end. AMC Entertainment Holdings Inc., the world’s biggest cinema chain, laid out a worse-than-projected outlook for the North American box office this week.

>That announcement dragged down shares of theater stocks, wiping out $1.3 billion from the value of the top four cinema operators in North America since Aug. 1. Even with a new “Star Wars,” a Marvel superhero movie and the sequel to “Blade Runner” on the docket for the holiday season, the box office is unlikely to make up for a “severe hit” in the third quarter, according to Bloomberg Intelligence. To date, receipts are down 2 percent in 2017, and AMC is projecting a 1.5 percent decline for the full year.

>The concern is that the slump isn’t just a run of bad luck. Cinema operators have managed for years to keep increasing sales by raising ticket prices amid stagnant attendance, but a sharp drop in filmgoing would make that harder to sustain. And the tried-and-true formula of churning out big-budget sequels and cinematic universes populated with superbeings seems to be wearing on filmgoers. Movies featuring once-reliable draws Jack Sparrow, the Transformers and the Mummy did poorly in the U.S.
bloomberg.com/news/articles/2017-08-03/after-1-3-billion-stock-collapse-hollywood-s-picture-blurs
Will starshit and Disney save Hollywood?

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hollywoodreporter.com/news/china-delays-release-spider-man-homecoming-valerian-1020258
twitter.com/AnonBabble

Maybe this will put an end to the endless cycle of sequels, remakes & capeshit

The only thing that would change that is the tastes of consumers. Capitalism itself might as well be creating movies. If one establishment crashed, it would only be replaced with another that did the same things.

Back in 2013 I predicted on the basis of announced Disney, Marvel, WB, DC, Sony, etc films that the industry crash would begin in 2016 or 2017. Looks like I was on the money.

These people never learn. Look up the disaster movie bubble to see what happened the last time. Fortunately that collapse gave us a more creative environment of filmmakers working on lower budgets with less producer interference, so kino might finally be back on the menu in the 2020's.

Superheroes are literally the tentpole holding everything else up. The death of capes is the death of the cinema.

Meh that just means more shit on streaming services

>teens would rather watch reaction and PRANK *GONE SEXUAL* vids on youtube instead of going to a theater

Welp

>teens would rather watch free shit on the internet rather than pay $15 to see some shitty movie
really makes you think

no

Hollywood is going to keep making them, and making them worse, and making them so that Chinese people will go buy tickets.

Americans are losing interest in the theater - we're going to keep moving to home streaming and Mr. Wu will gladly pay to see a bunch of white actors blow things up like "Amelicans" do

Consumer products will all move in this trend.

Get comfy with Europeein stuff

that wasn't what I was equating, but cost might factor in as well.

>might
Do you get your parents to buy all your cinema tickets for you or something? The cost of admission is obviously a reason someone would choose not to go to the cinema

>king arthur
>valerian

lmao, if anything there will be nothing but capeshit now

OK? I was agreeing with you. Chill out broseph.

is this the collapse steven spergburger and lucas promised??

>Theaters' $1.3 Billion Stock Collapse
Good. Stop making capeshit with forced racemixing shit.

Take notes from Nolan and actual good directors.

In which case they're fucked. The Chinese government just hoisted up the drawbridge on Western blockbuster releases, claiming (correctly, in my opinion) that these films are having a deleterious effect on Chinese popular culture and are little more than American social propaganda. It's going to be very difficult for any Hollywood studio to release blockbusters in mainland China from this year onwards.

the films have become too overtly political in a last ditch effort to secure the type of viewer who will watch anything simply because it aligns with their ideals, unfortunately for hollywood these people are in actuality far and few inbetween and more inclined to watch media on the internet

virtue signaling and race-bending/mixing isn't a formula for artistic or financial success, who knew.

By 2030 Disney will be the only movie studio left after buying out all the competition

Half the highest grossing films of this year were made by them

Must make you proud to be in agreement with the "truth" ministry of the Chinese government. Brain dead cunt, you're hilarious. Go back to Sup Forums.

>implying amazon won't buy out disney
lmao just lmao

Jesus, those digits

Used to be nice to go to the theater and not see another remake, prequel, sequel, or reboot and the studios weren't more concerned with how much it'll make overseas.

>Shit out an abortion of choppy editing high school film club tier cinematography and a mess of post production rewrites and changes
>WOW WHY ISN'T ANYONE SEEING OUR MOVIE
Hollywood is so disconnected from reality it's hilarious.
How many days until Cameron saves cinema from the edge of ruin AGAIN?

Only Disney and Disney owned movie studios should be allowed to make movies.

>Remove no singles policy
Problem solved. I'd go to the theater every week if they didn't have that Draconian shit in effect.

maybe they should stop making movies with insanely high budgets full of cgi

What's wrong, is China not true enough socialism for you? :^)

>Streaming services
>$10 a month roughly, access to everything
>Can watch films alone in my comfortable pillow fort, or with friends.
>Selection of snacks, whatever I want.
>Can rewatch as much as I want

>Cinema
>$20 a ticket, plus falcon tax
>Get to enjoy the 'comfort' of a shitty cinema seat ripe with the last persons farts
>Various over priced, terrible snack options
>People will be loud, stink or otherwise rude
>Can only watch the film once for the price of the ticket
Lmao I wonder why cinemas are dying out.

time for variable pricing in accordance with production costs and Rotten Tomatoes scores?

obviously just get rid of the snipers

i've lost 12 kino comrades this year alone, just wish they had lived long enough to see the emoji movie in imax 3D

>time for variable pricing in accordance with production costs and Rotten Tomatoes scores?
they'd just buy out torrent tomato scores, oh wait they already do...

mfw cinema is dying!

Cameron will drive the last nail into its coffin.

Avatar, for all its faults, showed the world the tremendous potential of next-generation 3D filmmaking, which Hollywood promptly squandered by cheating out on post-conversions and low-budget gimmick films rather than meticulously crafting 3D experiences - now audiences hate 3D and will usually opt for 2D instead. By going for the short-term cash-grab instead of a long-term investment in quality they killed a chance to reap more revenue from higher 3D ticket prices.

Now watch them do the same thing again when Cameron pioneers glassesless 3D with Avatar 2.

>hollywood crashing and burning
oh noes whatever shall we do

We're heading towards a legitimate Disney monopoly of the movie industry. Audiences and critics alike won't really accept anything not Disney anymore

> It's going to be very difficult for any Hollywood studio to release blockbusters in mainland China from this year onwards.
Just wait til terminator 2 rereleases in 3D

I don't think you understand capitalism m8

desu if studios started re-releasing older/classic movies from their libraries in theaters, I'd much prefer that over sequels/reboots.

>Theatres stocking capeshit are losing money with no attendance

>Meanwhile my city shows this once a week, and its fucking full every time

I only saw it last night, I had to book my tickets two months in advance to get in

>spielberg was right

>Make shitty movies like Emoji or reboots no one asked for with forced diversity
>OH NOES WHY IS NO ONE BUYING TICKETS?!
This is probably going lead to more Chinese partnered movies like The Great Wall or hopefully more lower budget and creative films getting greenlit.

This has been coming for years.
Luckily they only makes films for children and man-children so they won't really ever be in competition with real movies.

>>Remove no singles policy
The what

That's the only film set in stone for August in China that I'm aware of, and they announced its release something like two years ago. Spider-Man Homecoming and Valerian are both fighting for August spots due to being denied releases earlier in the summer. Valerian was not made in Hollywood and had a lot of Chinese investment so it's probably safe.

hollywoodreporter.com/news/china-delays-release-spider-man-homecoming-valerian-1020258

China have seriously fucked Hollywood with this. It's like the merchants were playing checkers while the silk traders were playing chess. They've made them almost totally reliant on box office revenue from China for the last seven years or more, and now they've pulled the plug. I could honestly believe this was planned, and that Chinese investors are ready and waiting to buy up Hollywood when the studios start collapsing.

You're not allowed entry if you're by yourself. It wasn't always this way. They put it into place after the Aurora shooting a few years ago.

They'll never do that. Terminator 2 3D is out for one day only in most countries. I suspect the reason is they don't want audiences to see how much better films were in terms of lighting, aesthetic appeal, screenwriting, acting, practical effects, etc decades in the past vs the video game cutscenes that pass for movies today.

god I fucking hate this contrarian generation


can't they just search people for guns and stuff?

They tried it with Touchstone and Dreamworks SKG. Guess how that went

They do that too. Metal detectors and mandatory bag searches. They even have multiple police officers there during big movie premiers.

>tfw my theater allows singles and guns
Feels good, man. Always carry my piece with me

so why can't a single, non-weapon carrying person get in then?

I've read some speculation that the massive foreign housing buyups by Chinese nationals is done with party money and with the intent of holding it and waiting for the moment when it can all be sold off to create economic turmoil in the afflicted countries.
It sounds very tinfoil hat, but the Chimese have consistently shown that they plan for he long term.

I don't make the rules man. I just try not to break them.

Hollywood has always done remakes, there was a shitload of Wolfmans and Frankensteins and Draculas, we just remember the classics

Thank god, I have had very little reasons to go to the movie theaters in recent years with the constant schlock being shown now days.

They just need to offer discounted monthly/yearly passes for unlimited viewing, which would be similar to buying a subscription service. Keep the single ticket option, but bank some guaranteed money with the subscription plan.

F

Good. Pandering to China wasn't what was killing movie quality, but it sure as shit wasn't helping. All that happens is that we get more movies that are more tailored to American culture and tastes.

We are literally living in a reboot culture and have been for almost 2 decades now, It's not nearly the same situation.

If Hollywood dies, they only have themselves to blame.

No worries, China will be there to buy it back up.

You can, they just pair you with another single of the theater's choice so you can watch each other for suspicious activity.

jesus christ, any movie theater that does this shit deserves to go broke.

Do the Feds give enough of a shit about movies to declare Disney a monopoly at that point and force them to break up? Or are movies exempt since they're a luxury item?

They're fucking with you. There's no such thing as a no singles policy.

I'm glad it's dying, I'm glad TV is dying, I'm glad youtube is already starting to die

>Take notes from Nolan and actual good directors

I've never heard of that at theatres around me. Have the lefties cucked Colorado that bad?

Hey fuckface, take a step back and literally FUCK YOUR OWN FACE

>theaters need more money
>start doing more gimmicks
>mfw there will be tiny booths for your family to order food at soon

Didn't Spielberg and Lucas predict this exact thing years ago? Tried looking for a video of when they said this. I feel like they did.

As a European I don't think that's necessarily a good thing either. Hollywood's been slowly strangling the life out of international cinema because it doesn't like competition.

Shit movies doing poorly? I'm baffled.

The slack-jawed morons these movies are targeting have finally learned to torrent, the only people who still rock up to the cinema are oldies, film-buffs, and the parents placating their children with the latest animation monstrosity.

>Lucas and Spielberg told USC students that they are learning about the industry at an extraordinary time of upheaval, where even proven talents find it difficult to get movies into theaters. Some ideas from young filmmakers "are too fringe-y for the movies," Spielberg said. "That's the big danger, and there's eventually going to be an implosion — or a big meltdown. There's going to be an implosion where three or four or maybe even a half-dozen megabudget movies are going to go crashing into the ground, and that's going to change the paradigm."

>Lucas lamented the high cost of marketing movies and the urge to make them for the masses while ignoring niche audiences. He called cable television "much more adventurous" than film nowadays.
Then he backtracked a few years later and said it was taken out of context.

>Avatar 2 is set to make 3 billy

But if my cinema closes, where will I go to enjoy a fresh corndog maze every Sunday?

>Tfw my local theater has tickets for $6, comes out to $12 for a large popcorn and a drink (If you pay $20 you get a bucket that they refill for $4 for a year as long as you wash it)
>Tfw I go see a movie every weekend

>Cinema operators have managed for years to keep increasing sales by raising ticket prices amid stagnant attendance

>less people want to see our repetitive shit?
>i know, lets raise ticket prices!

What could go wrong

>Millennials ruin yet another good thing in this country

Thanks guys!

No you didn't.

>walk into movie theater lobby
>literally every movie poster hung up are remakes, sequels, superheroes, and reboots
And theaters wonder why they're fucking dying.

That already exists. It called The Alamo Drafthouse they serve burgers and beer to your table

They said this in 2013, what did he say when he was backtracking?

Yes, I did.

What fucking theater is this, I don't believe it

Tug it a little more and prove it.

...

Harkins!?

so im guessing you ran out to seevalerian, a non superhero,remake,sequel,reboot?

An AMC Classic in a very poor part of the country. Also it's a matinee

When I visited my brother in PA it came out to about 16 (8 for ticket/5 for popcorn/3 for drink)

>theaters literally have to pay you to watch movies

No, I saw Dunkirk.

word. Harkins here in arizona is similar.

$5 for a student ticket.

Why can't they just go back to making regular movies? Why does everything have to be a god damn EPIC/SAGA/UNIVERSE. Jesus fucking Christ. Go back to basics.

>Cinema operators have managed for years to keep increasing sales by raising ticket prices amid stagnant attendance

Y'know, maybe I'm no business major, but wasn't that just about the stupidest thing they could've done? I mean, generally when a product or service experiences less demand, you lower the price. By raising prices, the only movies worth $15-20 are "event movies" like capeshit, so the studios essentially have now staked their entire survival on cranking out expensive tentpole garbage, which has now reached the point of diminishing returns.

>“To clarify, I didn’t ever predict the implosion of the film industry at all,” he said, in comments reported by USA Today. “I simply predicted that [with] a number of blockbusters in one summer – those big sort of tentpole superhero movies – there was going to come a time where two or three or four of them in a row didn’t work. That’s really all I said. I didn’t say the film industry was ever going to end because of them.

>“I also was simply saying that that particular [superhero] genre doesn’t have the legs or the longevity of the western, which was around since the beginning of film, and only started to wither and shrivel in the 60s. I was also trying to make a point that there was room for every kind of movie today, because there seems to be an audience for everything.

>“Even five years ago, there wasn’t an audience for everything. But now, these little movies are squeezing in and finding a berth next to these huge Queen Mary-type movies. And they’re able to find enough of an audience to encourage the distributor and the film companies to finance more of them. And these just aren’t films like Bridge of Spies, but it’s independent movies as well.”
This was 2015

Oh hai, Mark.

What's wrong with that? I agree with everything he just clarified.

Jesus christ. The closest theater to here is in a mall in a very small city. Nighttime tickets are 10 dollars, not terrible. However, small popcorn is $7 and it is tiny. The prices are crazy, I don't see how it can stay open.

How about these fucking retards acknowledge they are making shitty movies pumped full of muh diversity and muh feminism which no one wants to watch?

>Studios come to their senses and raise the price of access to their libraries. This forces streaming services to create their own content, much of which is crap.