Tesla is building a showcase vehicle-charging station in Los Angeles that combines cinema and a 24-hour restaurant. “The charging station is part of the electric vehicle industry’s efforts to re-imagine gas stations by turning them into a multi-faceted experience,” wrote Ariel Zilber in the New York Post. The Post capsulized the idea as 1950s movie “‘Grease’ meets ‘The … [Read more...] about Tesla Builds Cinema Diner Charging Station
exhibition
‘Terrifier 3’ Success Boosts Unrated Films
Low-budget horror flick “Terrifier 3” (website screen grab above) cracks open the door wider for unrated films to play mainstream theaters, after grossing a solid $37 million in its first 11 days in cinemas. “It is well on its way to becoming the top-grossing unrated film of all time domestically against a minuscule budget of $2 million and barely any marketing spend,” notes … [Read more...] about ‘Terrifier 3’ Success Boosts Unrated Films
Rereleases Pile Into Cinemas
Theatrical rereleases are multiplying, driven by nostalgia, consumers’ desire to get out-of-home and gaps in release schedules after Hollywood labor strikes. And audiences are flocking to cinemas to see them. Later this week, 2009 music-school drama "Whiplash" gets a rerelease (Miles Teller, left, and J. K. Simmons pictured above). The stop-motion Laika Studios film … [Read more...] about Rereleases Pile Into Cinemas
Hard Times Grip Cinema
Hard times have hit the cinema business as the Bronx region with 1.4 million residents lost one of its two multiplexes; Walt Disney Studios' once-dependable comic book adaptations are sputtering; and Paramount Pictures struggles to sell itself. While recent developments are mostly unfavorable, Sony Pictures Entertainment agreed to buy movie-and-a-meal Alamo Drafthouse … [Read more...] about Hard Times Grip Cinema
Imax Shines as Regular Cinema Struggles
The big-format-screen Imax theaters are rebounding nicely from the pandemic and disruptions from Hollywood labor strikes, though the rest of cinema suffers from fewer movies. That snapshot of the cinema business is optimistic. The Imax boom shows audiences are willing to pay a premium for tickets for a premium experience. Consumers want out-of-home entertainment, and not … [Read more...] about Imax Shines as Regular Cinema Struggles
Swift, Beyoncé Bounced From Oscars
The upcoming Taylor Swift and Beyoncé concert theatrical films shape up as cinema blockbusters, but neither is expected to be eligible for Oscar consideration under current Academy Awards rules, according to a Variety story. The problem is these are self-made films crossing a line into self-promotion, and not from independent documentarians. Both concert films fall into the … [Read more...] about Swift, Beyoncé Bounced From Oscars
Cinema Forecast: Snap-Back by 2025
Consultancy PwC forecasts that global cinema revenue will surpass pre-pandemic levels in 2025 at a projected $46.6 billion worldwide, compared with $43 billion in 2019. The 2025 figure is the sum of $43 billion in boxoffice (ticket sales) plus another $3.3 billion in on-screen advertising. That’s according to PwC’s mammoth annual “Global Entertainment & Media Outlook” … [Read more...] about Cinema Forecast: Snap-Back by 2025
Discounting Fever Engulfs Film Biz
With recession fears looming, price cuts are beginning to pop up across the movie landscape at video streamers, while being considered by theaters. In some cases, these take the form of bundling multiple streaming services or offering a cheaper advertising-supported streaming service, as Netflix and AMC+ have done recently. NBCUniversal’s mainstream video streamer Peacock … [Read more...] about Discounting Fever Engulfs Film Biz
Docu Review: ‘Back to the Drive-In’
Full-length documentary "Back to the Drive-In” shines the spotlight on owners of drive-in cinemas, who are mostly hardscrabble mom-and-pop locals, in stark contrast to “hardtop” theaters dominated by international chains. “Back to the Drive-In,” which premiered via video-on-demand earlier this year, takes a loving look at outdoor cinemas and their idiosyncratic operators; … [Read more...] about Docu Review: ‘Back to the Drive-In’
Exploring Cinema Ticket Price Cuts
Hollywood and movie theater owners spontaneously embraced the benefits of permanent cuts in cinema-ticket prices industry-wide, despite worries about antitrust issues, at a CinemaCon panel discussion. Whether the industry later pursues shaving ticket prices, which averaged $10.53 in the U.S. last year (see accompanying data table), remains to be seen. Anecdotal information … [Read more...] about Exploring Cinema Ticket Price Cuts