|AMC Ashburn VA Oct 2020|
“The Assassination of Movie Theaters”, 10 minutes, described by Sidebean.
The video talks about the deal between Universal and AMC Theaters, which rather saved it.
It also talks about Warner Brothers and HBO Max.
The consumer is changing and interested in consuming media immediately. It is no coincidence that Warner Media belongs to ATT, which would have benefitted from instant streaming.
So then what happens to the blockbuster, which people used to want to experience on a big screen? That is what used to make the studios and whole business profitable.