MANASI BANDICHODE’s Post

My latest story looks at a property sector that's niche but has a lot of nostalgia: movie theaters. Cinemas have been through the wringer in recent years between the pandemic, labor strikes and rise of streaming services. But many are still holding on, in part because their uniquely designed real estate makes them difficult to replace. Those big, windowless rooms with stadium seating are great for watching Dune: Part Two, but not so easy for the landlord to turn into a Panera Bread or Ulta Beauty. So, in many cases, the landlord agrees to cut the rent and the movie theater survives. Do you still go to the movies? What's the first and last movies you saw in theaters? (Mine: 101 Dalmatians in 1991 and Barbie last summer.) The Wall Street Journal https://lnkd.in/e6-QkXAm

New The Wall Street Journal article cites Datex Tenant Track data: Movie Theaters Have Weird Real Estate. It’s Saving Them. https://lnkd.in/gJrNdbtJ #retail #movietheaters #cinema #entertainment #shoppingcenters #analytics #economy #retailsales #metrics #patternrecognition

We’re currently in a box office slump, with George Miller’s $168m action epic Furiosa: A Mad Max Saga and The Garfield Movie marking the worst-performing Memorial Day weekend in ~30 years — aside from 2020, when theaters were closed. That begs the question: But could high-tech gimmicks bring audiences back? We're talking: 💺Seats that vibrate, sway, twist, or otherwise move with the film ☔️Atmosphere effects (e.g., snow, rainstorms, fog, wind, lightning, temperature changes, etc.) 👃Scents In today's edition of The Hustle, we're taking a closer look at this strategy, and what else these "4DX theaters" have in store for the future of film.

🎟️🎥 Alamo Drafthouse Cinema x Sony Pictures Entertainment 👉 #Sony’s Acquisition of #AlamoDrafthouse: The Imperative for Experiential Movie-Going The acquisition of Alamo Drafthouse by Sony marks a significant shift in the movie theater industry. To appreciate this move, we need to look at Alamo Drafthouse’s unique history and approach. Founded in 1997 by Tim and Karrie League in Austin, Texas, Alamo Drafthouse quickly gained a reputation for its unique combination of dining and cinema. Known for its strict no-talking policy and themed events, the theater chain became a haven for film enthusiasts seeking an immersive movie-going experience. Alamo Drafthouse’s emphasis on luxury seating, gourmet food, and high-quality audiovisuals set it apart, creating an experience that streaming services can’t replicate. This focus on experience has become increasingly crucial as theaters compete to attract audiences in a digital age. Sony’s acquisition of Alamo Drafthouse highlights the industry’s shift towards enhancing the cinema experience. By integrating Alamo’s innovative approach with Sony’s resources, we can expect more exclusive screenings and themed events, drawing more consumers back to theaters. In this new era, the key to success lies in making movie-going an unforgettable event, a strategy that Alamo Drafthouse has mastered. Alamo Drafthouse Cinema Sony

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Lights, camera, action! Dive into the magic of cinema with VOX's video wall. Perfect for both theaters and home setups, our captivating displays create vibrant visuals and an atmosphere that transform every movie night. 🍿 Ready to bring that cinematic experience to your theater or home? Reach out to VOX Video Walls today. #voxaudiovisual #voxvideowalls #hometheater #theaterav #controlsystems #commercialaudio #audiosystems #controlrooms #avintegration #smarttech #avinstallation #techintegration

Is Hollywood Returning to Its Roots with Sony's Acquisition of Alamo Drafthouse? This week, Sony Pictures Entertainment made headlines by acquiring Alamo Drafthouse Cinemas, signalling a return to Hollywood's old studio system. With the Department of Justice having lifted a decades-old ban on studios owning theatres, this move brings back vertical integration in the film industry. 🍿 Why does this matter? For decades, the Paramount Decree prevented film studios from controlling both production and exhibition, fostering a diverse landscape of independent theatres and studios. Sony's acquisition, following the sunset of these regulations, is a clear commitment to the theatrical experience, even as streaming dominates the market. 🎥 Alamo Drafthouse, known for its unique movie-going experience, will now be part of Sony Pictures Experiences. Amid post-lockdown struggles, this move aims to rejuvenate cinemas and ensure theatres remain central to film enjoyment. 🎉 Could this spark a resurgence in theatre attendance, or will streaming continue to dominate? How might this reshape the film industry landscape? What are the potential benefits and drawbacks of studios owning theatres again? Share your thoughts below! 🎬 Sony Pictures Entertainment, Prime Video & Amazon MGM Studios, Netflix, Warner Bros. Discovery, The Walt Disney Company, NBCUniversal, Paramount Pictures, Cineplex, AMC Theatres #FilmIndustry #SonyPictures #Entertainment #Cinema #Hollywood #VerticalIntegration #Streaming

What does the future hold for movie theaters? Our market research report reveals the trends and strategies shaping the industry. Premium offerings, special events, and subscription models are just a few ways theaters can adapt to changing consumer preferences. Download the report now to stay ahead of the curve and drive long-term success! https://hubs.li/Q02tTGmJ0 #FutureOfMovieTheaters #PremiumExperiences #SpecialEvents #SubscriptionModels #IndustryTrends

Transform any outdoor space into a makeshift movie theater with mini #projectors. Whether it’s for a team-building movie night or a relaxing evening under the stars, these compact devices allow for seamless entertainment wherever you go 🍿🎥 Check out more gift ideas for #summertime: https://lnkd.in/e4gipVXY #SummerGifts #SummertimeVibes #SummerMovieNight #MovieNight #OutdoorProjectors #OutdoorMovieNight

FREE POPCORN AT THEATERS 🍿😋 yeah! you read it right! but before we start talking about our love for - free popcorns - watching movies at theatres let me talk about a campaign introduced by PVR INOX to attract audiences back to theaters! and how did they do it?! by making the "movie-viewing experience Ad-Free at theaters" what does it mean?! NO MORE Mukesh ads! sounds fun right?! but... is it driving audiences back to theaters?! NO! while having four big movies being released, their box-office numbers aren't showing any boost! and, the impact of this change on the audiences has not been significant ~ says someone who had been to theaters recently so do you mean this campaign was a failure?! NO! I feel that, this would've been more suitable for an OTT medium to drive in more viewership rather than cinema theaters! so what would've worked?! FREE POPCORNS! are you nuts shivam!!? how?!!! money?! finances?! stoooock! ok ok, hear me out first! don't we love free stuff?! especially us indians! why not use this as an advantage and create a campaign where maybe for a week we provide... free regular 🍿 to every family for a collective sale of over Rs. 300/400! how would this work?! > with a ticket charged at an amount of rs. 150 > having on an average 3/4 members in a family > the sales per family would've easily been 450 rs?! and ig.... this breakdown, after excluding the distribution returns and maintenance, would've covered the costs of popcorn! also the traction would've skyrocketed especially because of summer vacays!* so yeah that's it ig... my take on this decision which i wanted to share since it was announced! do let me know if you have any counter-opinion to this or if you would like to add to any points presented! would love to know insights from industry professionals :) that's the post for the day! #entertainmentmarketing #entertainmentindustry #pvrinox #pvr #inox #cinema #theater #bollywood #filmrelease #free