Current Events > AMC seemingly wanting to go out of business

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OudeGeuze
04/29/20 10:05:55 PM
#51:


TheGoldenEel posted...
You can never replace the movie theater experience with home tv
idk chief, i can pee at leisure, not get arrested for drunk in public and legally be naked

if i wanted to recreate the theater experience id have to make my floor sticky, buy a bag of popcorn at the grocery store and tell the cashier to keep the change on a 20 dollar bill, and then find a couple horny teenagers to bang on the floor behind my couch
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dave_is_slick
04/29/20 10:08:23 PM
#52:


KillerKhan420 posted...
The theater experience ain't all that anymore anyway
Someone didn't see Infinity War and Endgame in theaters.

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Compsognathus
04/29/20 10:22:34 PM
#53:


Smashingpmkns posted...
They're in absolutely no position to do shit like this though. They very well might be on their way out, Universal doesn't need them lmao
AMC is the number 1 movie theater chain in the world they absolutely do have position to do this. Especially when the other chains will follow suit knowing AMC is doing it.

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Questionmarktarius
04/29/20 11:02:12 PM
#54:


Compsognathus posted...
AMC is the number 1 movie theater chain
for now.
This may well be Alamo's time to shine.
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Smashingpmkns
04/29/20 11:51:09 PM
#55:


Compsognathus posted...
Smashingpmkns posted...
They're in absolutely no position to do shit like this though. They very well might be on their way out, Universal doesn't need them lmao
AMC is the number 1 movie theater chain in the world they absolutely do have position to do this. Especially when the other chains will follow suit knowing AMC is doing it.


They just skated by almost filing bankruptcy a week ago. If they stay closed much longer these types of negotiation tactics will only hurt them. Being $5 bil in debt isn't working out for them right now.
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voldothegr8
04/29/20 11:52:26 PM
#56:


LOL Regal just joined them. It's all posturing though there's no way theaters can turn down those revenues and still stay afloat.
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Questionmarktarius
04/29/20 11:57:22 PM
#57:


voldothegr8 posted...
It's all posturing though there's no way theaters can turn down those revenues and still stay afloat.
This.
Nobody asks "What's playing at the AMC?" but "where's Film McMovie playing at about 6 this evening?" instead.
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Smashingpmkns
04/29/20 11:59:51 PM
#58:


Okay so they threaten this, Universal gives them the finger, and then what happens?
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Crazyman93
04/30/20 12:00:56 AM
#59:


TheGoldenEel posted...
You can never replace the movie theater experience with home tv

I can't sit in an uncomfortable chair, with a huge sound system way too loud and a projection TV showing a movie? I mean, if I had kids that wouldn't sit still the only thing missing from the experience would be an over priced concession stand with popcorn that's way too salty to make me buy an overpriced soda. And then a bathroom line.
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voldothegr8
04/30/20 12:02:10 AM
#60:


Smashingpmkns posted...
Okay so they threaten this, Universal gives them the finger, and then what happens?

Cinemark swoops in like

https://giphy.com/gifs/uDwKGxTFrADvO/html5
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Tyranthraxus
04/30/20 12:07:46 AM
#61:


voldothegr8 posted...
LOL Regal just joined them. It's all posturing though there's no way theaters can turn down those revenues and still stay afloat.

If they all do it then movie revenue is fucked and that hurts the Studio far worse than the theater.

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Questionmarktarius
04/30/20 12:13:07 AM
#62:


Tyranthraxus posted...
If they all do it then movie revenue is fucked and that hurts the Studio far worse than the theater.
Make nice with the local theaters and chains AMC has been bullying for decades.
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Smashingpmkns
04/30/20 12:16:38 AM
#63:


Tyranthraxus posted...
voldothegr8 posted...
LOL Regal just joined them. It's all posturing though there's no way theaters can turn down those revenues and still stay afloat.

If they all do it then movie revenue is fucked and that hurts the Studio far worse than the theater.


Or they, unfortunately because I love going to the theater, stick to their guns and release a $1 bil+ Fast and Furious movie on VOD and both Regal and AMC are fucked out of that money. The theaters have more to lose here, the studios will still be making money. More or less depending on the distribution costs.
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Compsognathus
04/30/20 12:23:08 AM
#64:


voldothegr8 posted...
Cinemark swoops in like

https://giphy.com/gifs/uDwKGxTFrADvO/html5
Cinemark doesn't want Universal to do this anymore than AMC and Regal do. They will also come down hard against this.

Smashingpmkns posted...
Okay so they threaten this, Universal gives them the finger, and then what happens?

Universal will back down. They might be okay with shit like Trolls having demand simultaneous release, but for their blockbuster's? They won't risk something like Fast and Furious not being on the major theater chains. Keep in mind Universal hasn't had a great run of late either.

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Smashingpmkns
04/30/20 12:32:20 AM
#65:


Compsognathus posted...
Universal will back down. They might be okay with shit like Trolls having demand simultaneous release, but for their blockbuster's? They won't risk something like Fast and Furious not being on the major theater chains. Keep in mind Universal hasn't had a great run of late either.


They haven't necessarily had a bad run at all, especially in 2019. Depending on how long the quarantine lasts a home release of their major blockbusters might be more profitable than holding on to these movies for longer than their original release window. They're sitting on money that could catch on fire in a matter of weeks.

The theaters aren't in any way in a good position here. Most of their profits come from concessions. Studios pay theaters to air trailers, then you have house allowance and whatever behind the door % per movie they're promising off the ticket. I'm willing to bet, even with piracy in the mix, a FF released during quarantine right now would make gangbusters.
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TheBiggerWiggle
04/30/20 12:50:12 AM
#66:


Im torn on theaters tbh. Watching a movie like the last two Avengers on opening weekend was a fun experience, but Ive also had bad experiences over the years too. Crying kids. People who keep lighting up the room with their cell phones, or even worse people who talk on their cell phones. Loud people in general. Etc.

I still watch tons of movies but only make it to the theater maybe 4-5 times a year for all these reasons. People have become so selfish over the years and for some its literally impossible to shut the fuck up and focus on something for two hours without checking their phones.

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deanshow
04/30/20 12:54:20 AM
#67:


Once the Fast and Furious and James Bond is close to releasing AMC will change their tune.

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Compsognathus
04/30/20 12:55:55 AM
#68:


They wouldn't risk a F&F movie right now. Those movies are produced with the idea that they will go wide in release in as many screens as possible.

Trolls was a low risk release. That was already a movie that was going to have a higher percentage of demand revenue relative to theater revenue. But real blockbusters not debuting on two of the big 3 theater chains...I'm not sure Universal would risk it.

What Universal needs is allies. If they could get another studio (like Disney) to also back simultaneous demand releases their leverage goes back up.

I guarantee right now AMC and Regal are trying to get Cinemark on board with their ban.

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DoctorVader
04/30/20 12:57:35 AM
#69:


TheBiggerWiggle posted...
Im torn on theaters tbh. Watching a movie like the last two Avengers on opening weekend was a fun experience, but Ive also had bad experiences over the years too. Crying kids. People who keep lighting up the room with their cell phones, or even worse people who talk on their cell phones. Loud people in general. Etc.

I still watch tons of movies but only make it to the theater maybe 4-5 times a year for all these reasons. People have become so selfish over the years and for some its literally impossible to shut the fuck up and focus on something for two hours without checking their phones.
Yeah, I feel like the best reason to be at the theaters also has the worst issues.

My IW and Endgame experiences were horrendous.

IW - Regal opening night at a 2 AM showing. Someone decided to bring in a damn near newborn with them and it cried for 2 fucking hours before the mother left. It was the most annoying shit on Earth.

Endgame - AMC opening night at 12. The Soul Stone scene happened and boom. A fucking fire alarm was pulled. Ruined the entire shit. Tried again the next night and halfway in, I had to use the bathroom. Got outside and both men's bathrooms had lines.

I still love going with people or on dates, but things I really want to watch, I'd rather watch in my home theater with subtitles and whatnot lol.

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Smashingpmkns
04/30/20 1:00:37 AM
#70:


Compsognathus posted...
They wouldn't risk a F&F movie right now. Those movies are produced with the idea that they will go wide in release in as many screens as possible.

Trolls was a low risk release. That was already a movie that was going to have a higher percentage of demand revenue relative to theater revenue. But real blockbusters not debuting on two of the big 3 theater chains...I'm not sure Universal would risk it.

What Universal needs is allies. If they could get another studio (like Disney) to also back simultaneous demand releases their leverage goes back up.

I guarantee right now AMC and Regal are trying to get Cinemark on board with their ban.


Disney is already on board lmao they've already sent, or plan to send, a ton of their theatrical releases to Disney+ but you will never hear a theater standing up to them.

Also, Universal would be sending their movies to the definitive most screens possible with VOD. At $20 a pop for a rental at that. Think about how much money they just lost in marketing that they will have to reinvest again once a new release is finalized. They're losing money at this point if they're to wait.
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berlyman101
04/30/20 1:02:03 AM
#71:


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Compsognathus
04/30/20 1:09:35 AM
#72:


Your still very much in the short term. The theaters aren't worried about Universal releasing stuff like Trolls or Disney releasing Artemis Fowl during the pandemic. They are worried about Universal having movies go demand simultaneously with theater launches after things start to open up. That is what Universal has been opening stating and that is what AMC is trying to kill.

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I Like Toast
04/30/20 1:22:00 AM
#73:


Smashingpmkns posted...
Universal doesn't need them lmao

you fundamentally don't understand how movies make money.

Universal needs f&f to be in theaters to make money, amc needs f&f to be shown to get people to buy overpriced concessions. likewise with bond and probably the next minions movie. Big budget movies need theathers, mid budget has largely moved to streaming, and your smaller indie+blumhouse horror can go either way.

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8-bit_Biceps
04/30/20 1:42:19 AM
#74:


TheGoldenEel posted...
You can never replace the movie theater experience with home tv

VR

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008Zulu
04/30/20 2:06:07 AM
#75:


TheGoldenEel posted...
You can never replace the movie theater experience with home tv
Home projectors, projector screens 120 inches and larger are commonly available. Seems like the home theater experience got here a while ago.

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Smashingpmkns
04/30/20 2:12:52 AM
#76:


I Like Toast posted...
Smashingpmkns posted...
Universal doesn't need them lmao

you fundamentally don't understand how movies make money.

Universal needs f&f to be in theaters to make money, amc needs f&f to be shown to get people to buy overpriced concessions. likewise with bond and probably the next minions movie. Big budget movies need theathers, mid budget has largely moved to streaming, and your smaller indie+blumhouse horror can go either way.


This is clearly not the case.
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dave_is_slick
04/30/20 2:14:17 AM
#77:


008Zulu posted...
Home projectors, projector screens 120 inches and larger are commonly available. Seems like the home theater experience got here a while ago.
None of that is a replacement for a large group of people thoroughly enjoying the same movie you are. Infinity War and Endgame were events.

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PiOverlord
04/30/20 2:18:31 AM
#78:


People who tout vod numbers for trolls are missing the point that theaters give studios two different revenue streams.

Also, universal would be hurt by the theaters that can house many domestically ignoring them. Sure, people can go to other theaters, but there are variables such as those theaters being unable to get them all in and those people may just lose interest or go in later weeks when the studios make less of a percentage. It's not like theater space is unlimited space.

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008Zulu
04/30/20 3:01:31 AM
#79:


dave_is_slick posted...
None of that is a replacement for a large group of people thoroughly enjoying the same movie you are. Infinity War and Endgame were events.
Yessssss... Nothing quite like people talking and cheering during a movie.

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Deja Blue 03
04/30/20 3:02:02 AM
#80:


I can't see anything pushing me to be on board for 100% VOD. It just can't take the place of the experience you get being in a crowd of people all reacting and going through the emotions of the moment together. Kind of like a sporting event.. free tv access doesn't take the place of going to a live event.

That being said, it being cheaper would get me more on board than I am now. Outside of a kids movie (the only time I'm paying for a group of people at the theater), I don't think there's any other time I would even consider paying $20 for a single movie. I pay $5.50 for a ticket at the theater right now.

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dave_is_slick
04/30/20 3:04:04 AM
#81:


008Zulu posted...
Yessssss... Nothing quite like people talking and cheering during a movie.
Yeah, it for damn sure enhanced those two.

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Rob Cesternino
04/30/20 3:26:31 AM
#82:


I prefer the experience at AMC Theaters. I've had better movie watching experiences there than the other theaters.

That said, it would be sad to not be able to see the new Fast & Furious movie there. Hopefully this gets resolved and Universal backs down.

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AlabamaLove
04/30/20 8:53:23 AM
#83:


Looks like Regal is doing the same thing smh

008Zulu posted...
Yessssss... Nothing quite like people talking and cheering during a movie.

there's really not tbh

there's a serious sense of camaraderie viewing highly anticipated movies on opening night with a room of fanboys/girls

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008Zulu
05/01/20 12:48:24 AM
#84:


AlabamaLove posted...
there's really not tbh

I thought my sarcasm was implied enough...

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