July 22, 2005
Why are Movie Theater Revenues Declining?
This blogger nails this issue on the head. I couldn't of said it better myself.1) Social factors eroding theater environment (talking, cell phones, babies crying, etc.);
2) Sacrificing long term relationships with theater-goers for the increase in short term profitability (commercials, no ushers, etc.);
3) Higher quality experience elsewhere (Home theater);
4) Declining quality of mainstream movies;
5) Easily available Long Tail content alternatives (Netflix, Amazon).
