Indie theaters in UK struggle to meet the digital challenge
LONDON, ENGLAND — Like many of their North American counterparts, independent cinemas in the UK are grappling with the seemingly relentless pressure by Hollywood to go digital. The expense of conversion may force a number of cinemas, especially in smaller towns, out of business, though the government is accelerating efforts to provide conversion assistance.
“We are financially stretched,” said its manager, Gregory Lynn. “So many indie cinemas like us cannot afford to go digital, but we don’t really have a choice.”
The movie house is among thousands of small cinemas — mostly in Europe — in danger of going bust unless they make the switch. The conversion costs may leave some small towns with no theaters, and fewer venues to screen movies may result in the shrinking of the European film industry, already concerned about the cultural dominance of Hollywood.
Read the full story in Business Week.