Half of UK theaters in danger of closing in five years
Almost half of Britain’s theaters may close down in the next five years because of the transition from film to digital projection, according to a Times Online article.
Only the big multiplexes and a few arthouses will be able to afford the Â£60,000 cost per screen with three-quarters of screens and 85% of box office being in the London area.
The future of 300 vulnerable cinemas in the outlying and rural areas could be sealed in the next few months, according to the UK Film Council, because of the pressure theaters are under to switch to digital.
Within five years there may be no film prints at all to show, and therefore no movies being shown in most of the country.
Read more in Times Online.