September 5, 2013
With theater owners being the big losers in the digital revolution due to costs imposed on them, Daily Finance looks at the winners. IMAX and Corning for example have reaped the rewards of the changing industry by being in the right place at the right time to capitalize on new technologies. Who else (beside studios of course) do you think is coming out ahead on this?
August 27, 2013
Merchant Data Systems has launched a program designed to optimize profits for theater owners through various services. They offer equipment sales and leasing for payroll services, credit card machines and even e-commerce services designed to allow advance concession purchases.
Read more in the San Francisco Chronicle.
August 26, 2013
Rolling Stone has sounded off on the increasing popularity of luxury theaters such as iPic and the rebranding of select screens at AMC. They detail the thought going into the type of food and the attraction behind this upscale experience.
At the end they pose an interesting question, if cinemas are trying to survive by luring back in the middle class, is this the best direction?
August 15, 2013
Cinema consultant and film historian, Jack Oberleitner, entered the movie business as an usher in a small theatre in New Castle, Pennsylvania in 1959. Oberleitner stated several reasons for this heartfelt decision in an open letter to friends, associates, and customers on the Oberleitner Associates website. An extract from his letter follows" “…I am retiring for several reasons. First, I’ll celebrate my 70th birthday on August 26,2013. Second, my eyesight is getting critically worse. As some of you know, my eye problems go back to the Vietnam years. I spent more than a year in Valley Forge Army Hospital in 1968. I’ve had more than a dozen surgeries since then There’s been a lot of ups and downs since then; however, I have made a nice life, as an author, in the theatrical world, and business consultancy, ever since those days back in the 60’s.
August 12, 2013
For those looking for the most premium home theater experience Kaleidescape has created Cinema One. Claiming to provide a library of Blu-ray quality films with minimal product installation, the service is aiming to be the one-stop shop for those looking for optimal video/audio standards at home.
Will they find a place in this crowded market? Can they deliver what they say they will?
Read more at Hispanic Business.com.
July 31, 2013
SIOUX FALLS, SD — A piece in KELO claims that all the competition from Netflix and home theaters could help the theater industry by building more passionate moviegoers. It also features some lovely words about how going to the movies can bring families together. Check it out.
July 24, 2013
July 16, 2013
July 15, 2013
The Los Angeles Times reported last week that Fandango has now made a deal with Pacific Theatres. That now brings their market share to 80% and provides a bitter blow to rival Movietickets.com. While the deal includes Pacific’s popular location at the Grove, their luxury ArcLight will remain separate.
With Movietickets.com becoming less of a factor in the marketplace, how will Fandango’s almost monopoly affect your moviegoing experience?
(Thanks to RonP for providing the photo.)
July 12, 2013
The Los Angeles Times reported that people want movie theaters in airports more than any other amenity. However, don’t expect to see these anytime soon as they would be cost prohibitive given the limited space in terminals.
What other types of buildings would you love to see a movie theater in?