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Posted by lorincantrell on 12/28/05 02:47
I went to see Narnia over the weekend with family, and I commented to
my father that the handwriting is on the wall for the movie theatres.
I used to want nothing more than to own my own cinema, but now I don't
see how they make much money at all, except by raising prices through
the roof. Narnia was a good movie, and the presentation was excellent
(clean print, good focus, perfect framing), but I still had to share
the theatre with a bunch of loud and obnoxious people and pay $7.50 for
the privelige.
I predict that in less than 5 years you'll be able to buy a 60 inch HD
TV (of whatever type) for less than $1000 at Wal-Mart. Congress goes
on and on about subsidizing digital tuners for poor people, and it's
the biggest load of horseshit I've ever seen. Drive through a crappy
neighborhood and count all the dishes mounted to the sides of ghetto
houses. Poor people are not known for being great decision makers.
They'll buy the new TV's, just as they pay for Dish while skimping on
necesities. By then, movie theatres will be so expensive nobody will
want to go. Some luxury cinemas might survive in the big cities, much
as the stage thrives in limited amounts today, but the days of regional
chains being able to make it are finished. Add to that the
overcapacity created in the building boom of the late 90's and
somethings got to give.
-beaumon
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