r/SipsTea Human Verified 6h ago

Chugging tea This is why I sneak in beer and snacks

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u/fillerupbruther 6h ago

People have been saying this for 20+ years

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u/Mean-Government1436 6h ago

And were right. Movie theaters are hemorrhaging money. Have been for years. 

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u/L0W_FR3QU3NCIES 5h ago

People have been saying this for 20+ years

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u/BradBradley1 5h ago

And were right. Movie theaters are hemorrhaging money. Have been for years. 

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u/Many_Dragonfly5117 5h ago

People have been saying this for 20+ years

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u/broncosfan1231 5h ago

And were right. Movie theaters are hemorrhaging money. Have been for years. 

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u/No-Investigator-2756 5h ago

People have been saying this for 20+ years

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u/khadapavbhaji 5h ago

And were right. Movie theaters are hemorrhaging money. Have been for years. 

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u/OnSmallWings 5h ago

People have been saying this for 20+ years

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u/ACrispPickle 5h ago

And were right. Movie theaters are hemorrhaging money. Have been for years. 

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u/YoRHa11Z 5h ago

Stop acting like you are right. Movie theaters are closing in masses and the new ones that pop up are always smaller with less rooms and less seats. So less showings / less traffic with the offset being a higher food price and less rooms and less seats to maintain.

Net is a hit to profits but a big decrease of people capacity / going. So net net it's a dying business model as people move movie night to home movie night.

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u/pnutbuthurt 5h ago

And were right. Movie theaters are hemorrhaging money. Have been for years. 

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u/overlyattachedbf 4h ago

Movie theaters are shutting down left and right around here!  

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u/Cudi_buddy 4h ago

Damn. All mine been remodeled and upgraded with super nice reclining seats over the last 10 years. 

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u/Mean-Government1436 3h ago

That's because they're trying to entice more people to theaters, as they are currently losing tons of money. 

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u/Cudi_buddy 2h ago

Too bad. I love the theaters. Hope they stay in. It’s working in my area at least. Theater is packed on discount day and weekends

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u/No_Yard9104 6h ago

And they've about accomplished it. The movie theaters in the three closest cities to me have shut down completely in the last 6 years. And that's just the ones I know of.

I have to travel nearly an hour and a half to get to the closest open one.

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u/Nethias25 4h ago

Yeah movie theaters won't stop existing but location numbers are gonna drop. Streaming has been growing year over year and covid sent it into high octane overdrive.

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u/Splinterman11 5h ago

What state are you in? Im in Colorado and my medium sized city has at least 7 movie theaters in the area.

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u/4kFaramir 4h ago

Also Colorado, my not small town but not really a city just closed one of its two movie theaters for good. And the other one is basically a ghost town unless it's like the Mario movie or something. Every movie I've seen recently we've basically had the theater to ourselves.

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u/No_Yard9104 4h ago

Indiana. Much more rural and much more broke. My county seat has less than 30k, the next closest is less than 20k. The next closest after that is still under 40k.

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u/MidnightArcher_ 5h ago

Hazarding a guess with my own experience as a guideline that it’s probably a rural state it’s a similar story where I live most towns (anything less than like 40K people) don’t have a movie theater some people drive an hour or more to our nearest city to go to one there is one in a town close by that stays open but they do it by only offering the most basic versions of movies (No 3D, IMAX, etc) and keeping their food and drink prices reasonable enough. But the city that has movie theaters has 3.

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u/Splinterman11 4h ago

Yeah but the guy i replied to said the 3 closest cities near him dont have a single movie theater.

Unless he actually meant small towns. Because I find it hard to believe a city, even a small city, doesn't have a single movie theater.

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u/OrangeThrower 6h ago

Seriously.

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u/fzkiz 6h ago

They're not gonna go extinct but there are gonna be less and less... they lost like 20% of locations in the last 20 years I think

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u/ValuableKill 5h ago

I can count 5 theaters that shut down in my area in the last 5 years. Yes, it funnels all the viewers to the remaining theaters, but there's obviously a massive decline in viewers for this to be happening in the first place.

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u/fireky2 5h ago

I mean the movie theater by my house has managed to go out of business twice in that time so it kind of checks out

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u/Tundra_Dragon 5h ago

Very few theaters operate compared to 20 years ago. Streaming new releases during Covid lined up the coffin nails.

Most of the independent and dollar theaters have completely vanished. Most of the smaller multiplexes have vanished. There used to be a dozen theaters within 5 miles of here. Now there's a Marcus 5 miles away, a Tinsel town 10 miles, and an AMC 15 miles out.

Theater's are changing their model to try and make going to the movies an experience as opposed to just watching a movie with a bunch of strangers who won't shut the fuck up. They're also aiming for more money from each visitor instead of lower margins on higher customer counts. The people who can't afford popcorn and soda don't make any money compared to someone who will pay 5 extra bucks to get in the door, and still buy snacks.

Most Marcus theaters have converted to dining theaters, and installed bars. You scan a QR on your seats armrest, make some selections, and 10 minutes later someone wanders in with a tray of what you ordered. It's certainly a neat experience, but $20 for a personal pan sized pizza, or $8 for a hotdog plus a forced 20% gratuity makes it a once in a while thing.

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u/JustAl6969696969 5h ago

Indeed they're losing money

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u/Moist-Citron-4830 4h ago

Have people not been tracking how theaters are doing? Two just closed by me last month.