NPR’s Morning Edition aired a curious segment Monday morning. While audiences have been showing up in droves for the likes of Paul Blart: Mall Cop, they’ve apparently been immune to the aroma of freshly-popped popcorn as they head to the auditorium. More than $4 billion has poured into the movie box office so far this… Read more »
Posts Categorized: Reel Blog
This is not 2005
Interesting little quote from Blockbuster CEO Jim Keyes: As if crushing debt, the recession, Netflix and Redbox weren’t enough, Blockbuster Inc. has a new foe: the booming box office. That’s according to Jim Keyes, chief executive of the struggling but still massive DVD rental chain, who on Thursday blamed much of his company’s weak performance… Read more »
Digital roll-out moves a step closer
The industry-wide digital cinema roll-out moved a step closer with Sony’s announcement that it had signed a VPF agreement with Digital Cinema Implementation Partners (DCIP), the consortium formed by AMC, Cinemark and Regal to manage their transition to digital. That leaves only Warner Bros. among the major studios to be without a VPF agreement for… Read more »
Movie theaters continue to not die
BusinessWeek has an article today explaining to its readers that movie theaters just might be a good investment. “People have assumed for years that home theater and DVDs were killing off the business,” says money manager Steve Birenberg, president of Northlake Capital Management and the media sector blogger for market research firm SNL Kagan. “Now… Read more »
Not seeing eye to eye to eye on 3D glasses
As you may have noticed, there’s a bit of a controversy right now over who will shoulder the costs of disposable 3D glasses. Marketplace has the story. Some people think the future of the movie industry is in 3-D films. But a battle is brewing between Fox and theater chain Regal Entertainment Group over who… Read more »