Because they still have to pay the studios. AMC here is taking the chance that cutting ticket prices will bring more people into their popcorn stores, and that the resulting popcorn sales will offset the cost of showing the movies without collecting enough revenue to cover what they have to pay the studio.
While he is not wrong Source worked at a movie theater for 5 years. AMC model of shitty candy and popcorn is broken. What I don’t get why there are not more chains that complete with Alamo. Hell I go watch movies I have at home when they show movies from the 70s and 80s just cause Alamo has a fun atmosphere. At just point Alamo is not even in the same industry at AMC or regal.
Yeah but that’s what others have been saying AMC didn’t lower the ticket by 50% AMC negotiated with the studios to take a cut or is paying the difference to the studios out of pocket. A movie theater should be seen as two business in a trenchcoat.
The tickets are a direct transaction with the movie studios and they 99% of the total revenue on every ticket. In the old days theaters would get more of a percentage up to maybe 10%. You saw it where the movie would start in the big theater then move to the tiny theater.
That’s how dollar theaters worked they played older movies and passed their cut as a savings to the customer. the longer the movie stayed playing but now that theaters no longer have film cans and the studios control how many times that film gets played and pull it after a week or two.
The theaters are still only getting 1% of the ticket but still have to 100% cost of running the equipment and staff. All that money mainly comes from concessions
Really, no. Theaters make nothing on tickets. They make everything on concessions. They’re popcorn stores that also happen to show movies.
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Because they still have to pay the studios. AMC here is taking the chance that cutting ticket prices will bring more people into their popcorn stores, and that the resulting popcorn sales will offset the cost of showing the movies without collecting enough revenue to cover what they have to pay the studio.
https://www.iheart.com/podcast/1119-stuff-you-should-know-26940277/episode/popcorn-who-doesnt-love-it-276907287/
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Your reading comprehension leaves much to be desired.
While he is not wrong Source worked at a movie theater for 5 years. AMC model of shitty candy and popcorn is broken. What I don’t get why there are not more chains that complete with Alamo. Hell I go watch movies I have at home when they show movies from the 70s and 80s just cause Alamo has a fun atmosphere. At just point Alamo is not even in the same industry at AMC or regal.
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Yeah but that’s what others have been saying AMC didn’t lower the ticket by 50% AMC negotiated with the studios to take a cut or is paying the difference to the studios out of pocket. A movie theater should be seen as two business in a trenchcoat.
The tickets are a direct transaction with the movie studios and they 99% of the total revenue on every ticket. In the old days theaters would get more of a percentage up to maybe 10%. You saw it where the movie would start in the big theater then move to the tiny theater.
That’s how dollar theaters worked they played older movies and passed their cut as a savings to the customer. the longer the movie stayed playing but now that theaters no longer have film cans and the studios control how many times that film gets played and pull it after a week or two.
The theaters are still only getting 1% of the ticket but still have to 100% cost of running the equipment and staff. All that money mainly comes from concessions
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