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Netflix's CEO says movie theaters are old news. Director Rian Johnson says his next movie belongs there anyway.
(www.businessinsider.com)
this post was submitted on 02 May 2025
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The problem is that the theaters aren't using their last bit of cash on hand in updating their theaters and fixing issues that are causing low turnout. Instead, they are creating "value packages" which unless you want to be locked into some subscription model (I don't) then there is no value. This will all come to a head next year when the largest theater company in the world has their notes come due from the bank. Prediction is bankruptcy and closing of MANY theaters.