Parkway Cinemas to close in May
BLOOMINGTON, IL — The eight-screen Carmike Parkway Cinemas has been open for only twenty years, but according to this article, the theater is “at the end of useful life” and that the opening of newer megaplexes in the area have resulted in more screens than the marketing area can support.
Despite Hollywood’s record 10 billion ticket sales in 2009, a market the size of Bloomington-Normal can’t support the number of existing screens, Champion said.
The current total, 55, is the most for any downstate Illinois market. With the Parkway’s closure, the count will still remain high, at 47.
Read more in the Pantagraph.
[ed. note- Has the public’s desire for amenities made 20 years the standard lifetime of a theater these days? Or were the theaters of that era unremarkable? Was stadium seating the ultimate game changer?]