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Topic: What's the latest theatre to close or open you have heard about? (part 2)
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Dave Bird
Jedi Master Film Handler

Posts: 777
From: Perth, Ontario, Canada
Registered: Jun 2000
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posted 10-03-2018 11:53 AM
I think that's a great point, it's very site-specific. People can, and do sell or provide just about anything and do very well with it. Other locations don't work. There's so many variables, not the least of which is financing. I got the impression that the "Coyote people" might have been very well capitalized and perhaps were using the concept for land-banking as in days of old. Perhaps this new location was just a placeholder which didn't last as long as they thought. As for the chains, I think it is hard for us to figure out how they make a go relative to the small hands-on things we might be involved in, but it's gotta be a completely different animal other than the popcorn. The whole game seems to be a never-ending 5-10 year plan to keep expanding, opening new, closing old, keep the investors coming in to fund the whole thing on a perpetual basis. In that sense, it's working, it's keeping tens of thousands or more people working and carrying on even though there's essentially no singular "owner" demanding that the bottom line be healthy as well. Oh sure, if it falters, new executive comes in, but it never goes down like we would, too many people getting a paycheck and too much momentum to give up on it. And for sure, it doesn't help people actually running a theatre as a "real business" who needs that bottom line, because the whole big machine has been built to serve other purposes. (That said, no complaints at all about season 2018.)
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Martin Brooks
Jedi Master Film Handler

Posts: 900
From: Forest Hills, NY, USA
Registered: May 2002
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posted 10-09-2018 12:11 AM
If a theatre regularly fills to only half capacity (including Saturday night), it might make sense to go with recliners because they do seem to attract patrons. But installing recliners reduces the seat count by 30 to 50% and if shows are selling out, it means the theater is leaving money on the table.
In NYC, due to both theater closings and the installation of recliners, we now have fewer than 71,000 seats. It was 85,000 at the end of 2016. It was 105,000 at the end of 2012 and 175,000 in mid-1987.
But I also agree that many people hate reserving seats and want to pick their seat after they enter a theatre (especially if there's an extra fee to reserve). If I were a general admission theater, I'd certainly promote that fact: "walk in and pick the best seat / no extra fees", etc.
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