Or is it the cart before the horse? While the 3D grosses of Beowulf and Hannah Montana have distributors and theater owners hungry for more 3D content and seem to be driving the appetite for digital cinema installations, NATO’s president, John Fithian, suggested at the National Association of Broadcasters’ Digital Cinema Summit, that 3D may… Read more »
Posts By: Patrick Corcoran
When the economy sags, do movie theaters get a lift?
Michael Brush, financial analyst for MSN Money, takes a historical look at box office performance during hard times and, despite what some analysts conclude, comes up with some hard numbers: Some industry analysts, including Hal Vogel of Vogel Capital Management, dispute the link between economic pullbacks and rising movie attendance. But for me, the evidence… Read more »
Cinema Buying Group chooses AccessIT
The Cinema Buying Group announced today it has chosen AccessIT to be the digital cinema system integrator for the more than 8000 independent screens under the group’s umbrella. Wayne Anderson, CBG managing director, complimented the quality of submissions from all vendors in the CBG’s Request for Proposal process. In the end, he said, “AccessIT offered… Read more »
Tough economic times can be good for movie theaters
Nobody wants a bad economy, but movie theaters are well positioned to do well in tough economic times. In five of the seven recession years over the last four decades, box office revenues have gone up – as much as $670 million in one case. And it’s not hard to see why: Click the… Read more »
Luxury and alcohol service at the movie theater
Village Roadshow sparked quite a bit of interest with its announcement of $35 a ticket luxury cinemas featuring restaurant and bar service. USA Today weighed in almost simultaneously with a story on alcohol service in movie theaters. The story leans heavily on the possibility of underage moviegoers being served alcohol. As part of the permitting… Read more »