The Future of the Movie Theatre
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Transcript of The Future of the Movie Theatre
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The Future of the Movie Theatre
Made By Sachin KhannaFILM 260 Lloyd Dirks, Unsplash
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Pioneer Library System, Flickr
Since the1920s, the local theatre was one of THE places to go for a
social outing
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Pat O’Malley, Flickr
In 2004, 1.5 billion admission tickets were
sold in the U.S and Canada1
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In 2014, U.S./Canada box office was
$10.4 billion
401(k) 2012, Flickr
2
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However, this is no longer the case…
raindog808, Flickr
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Jim Deane, Flickr
The modern day movie theatre no longer seems to
integrate well in our current day and age
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Bart Everson, Flickr
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3 major reasons
1.Internet Piracy 2.Streaming Services 3.Inconvenience
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Josiane, Flickr
Millions of people choose to illegally download movies than go out and
pay to watch them.
Online piracy is one of the largest threats to the theatre industry.
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Andrewww26, Flickr
In 2011, $12.5 billion in losses were recorded due to piracy 3
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Ivan David Gomez Arce, Flickr
71,600 jobs are lost in the U.S every year to piracy4
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Matt Perreault, Flickr
Online streaming services have taken over a large portion of the viewing
market
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Paul Hudson, Flickr
9 000 000 paid subscribers
1 000 000 paid subscribers
56 000 000 paid subscribers
70 000 000 paid subscribers5
6
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Since Netflix’s popularity surge, theatres have had the lowest attendance ratings since 1995
John Pasden,Flickr
7
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Maya83, Flickr
Theatres are inconvenient to go to
• $EXPENSIVE$ • Cannot watch
on your own terms
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White93, Flickr
Movie snacks and combos can cost upwards of
$30
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.Hugo, Flickr
At home you can:
• Pause the movie • Wear whatever is comfortable • Eat or drink whatever you want
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Julian Santacruz, Flickr
POSIBLE SOLUTIONS?
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Rodrigo Senna, Flickr
Theatres should offer a more
“premium”
experience with gourmet food and seating.
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Craig, Flickr
Theatres should expand from only playing blockbuster hits and branch out to more “art house”
films
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Bibliography
1 "Theatrical Market Statistics - Motion Picture Association ..." Theatrical Market Statistics. N.p., 2004. Web. 21 defefOct. 2016.
2 "Theatrical Market Statistics - Motion Picture Association ..." Theatrical Market Statistics. N.p., 2014. Web. 21 defefOct. 2016.
3 "Online Piracy in Numbers – Facts and Statistics [Infographic]." Online Piracy. N.p., 2010. Web. 22 Oct. 2016.
4 "Online Piracy in Numbers – Facts and Statistics [Infographic]." Online Piracy. N.p., 2010. Web. 22 Oct. 2016.
5 Maglio, Tony. "HBO vs. Hulu vs. Netflix: Here's Who's Winning in ..." The Wrap. N.p., 10 Feb. 2016. Web. 22 Oct. 2016.
6 "U.S. Amazon Prime Video Audience 2015 | Statistic." Statista. N.p., 2015. Web. 22 Oct. 2016.
7 Kuittinen, Tero. "Netflix vs. Movie Theaters: Consumers Staying Home More | BGR." BGR. N.p., 2 Jan. 2015. ggggWeb. 22 Oct. 2016.