Gizmodo Asks “Is This The End Of Movies?”
Gizmodo has an interesting blog post about the so-called death of the movies.
“The Taipei Times — and the rest of the world — is bemoaning the death of the movie business. People stay at home, get Netflix, drink a beer or six, and watch Godzilla vs. Mothra for hours at a clip. No one goes to the movies anymore. Hundreds of ushers are out of work every day. Popcorn machines are idle. The movies themselves, of late, are dreck.
I think the real key is that people don’t like to go to movie theaters. As a result, new movies get seen at home, where it’s a bit harder to track box office receipts. I suspect that any movie that comes out now will get 30% of it’s receipts from the theaters. The rest comes from everything else: DVDs, rentals, TV, etc. We have so much to watch that we don’t want to go anywhere. We need to stay at home just to catch up, and we catch up long after the movie hits, and fades from, the theatre."