During the shutdown of everything, theaters couldn't open up and let people in. Now movies are so full the theaters seem to be collapsing even more.
Cineworld is declaring bankruptcy, and AMC dropped 40% TheStreet: What Charts Say for AMC Stock After 40% Plunge.
It feels like there is a push to keep people at home, or locked in at their jobs for companies like Google or Apple.
Partially, yes.
Movie theaters had a symbiotic relationship with the movie industry. Theaters existed to show the movies and movies brought people to the theaters. In this arrangement the theaters take a small cut from ticket sales but make the bulk of their profits from concessions. That's why 25 cents worth of popcorn is sold for $6.
The big issue now is that h-llywood is unwilling to share even a small portion of their profits with the theater chains. That and streaming allows producers to jew directors, actors and their kind out of gross profits. You can't get a percentage of Disney+ subscriptions like you can ticket sales.
So in typical h-llywood kikery they're trying to hold onto every dollar they can.
Theaters see the writing on the wall too. They understand that their business model's days could be numbered. That's why we're seeing theaters with fancy seating, food service, classic movie screenings and full bars. The theaters know they're competing with your living room now and nobody wants to spend $100 on tickets to go sit in a smelly theater with dingy seats and pay twice the cost for candy only to watch a 2.5 hour long movie that tells you White people are evil.