More niggers in movies? Movie theater attendance down 48%
Theater Audiences Shrank by Half in the Last 4 Years. Can Movies Get Them Back?
Hey, you guys wanna watch the new Will Smiff movie?
https://www.youtube.com/watch?v=wafyhTpWpUs
Quote:
Box office for 2022 ended a little under $7.4 billion domestic, with $26 billion worldwide. That fell far short of the year’s weakest projections, a consensus first stated in December 2021 by financial analyst Gower Street and repeated widely in the media: $9.2 billion domestic and $33.2 billion worldwide. Last March during a quarterly financial call, AMC Theatres CEO Adam Aron said “We are quite bullish that for the full calendar year of 2022 the industry box office could be nearly double that of 2021″ — that is, about $8.8 billion domestic. On those bases, we have shortfall of somewhere between 20 and 25 percent.
https://i.ibb.co/7YD3jWX/allblk.jpg
Quote:
In 2022, even Cinemark — the major exhibitor with the strongest financials — saw its stock drop 47 percent from the start of the year. AMC added the APE offering to its original stock and its per-share price dropped almost 80 percent in 12 months. At the height of its mid-2021 meme stock glory, it was more than $59 per share. London-based Cineworld, which owns #2 Regal, has filed for bankruptcy.
https://www.indiewire.com/2023/01/20...23-1234795871/