You can hardly wait to see the newly released movie with your friends. There’s no queue, so you settle in eager to relax and enjoy a new release. You get huge buttery hot popcorn, your M&Ms, Kit Kats, Twizzlers, cookies and sodas. However, you’re not in a recliner at the movies; you are on your couch.
Many cinemas across the country, including the second the biggest chain in the world, begin to have major financial problems as they begin to become less popular. Movie studios simply put their movies on streaming sites instead of showing them in theaters, allowing viewers to watch movies from the comfort of their homes.
Theaters like Cineworld and Regal Cinemas have filed for bankruptcy, blaming the pandemic and a lack of new movies. Major hits like “Top Gun” and “Spider Man: No Way Home” encouraged viewers to return to movies. Yet despite this success, Cineworld reports that their business is having trouble; one or two great films cannot save the future of theaters.
“Despite a gradual recovery in demand since reopening in April 2021, recent admission levels have been below expectations,” according to MovieWeb.com says Cineworld. “These lower admissions levels are due to a limited film slate which is expected to continue through November 2022 and is expected to negatively impact trading and the group’s liquidity position in the near term.”
“I think they’re taking some of our business and putting some movies out straight to streaming,” said Trevor Thomas, a local employee of AMC Royale 6 in Norwalk. “So there’s no point in coming to the cinema to see the film.”
Many people have realized how much easier it is to see a movie from the comfort of your own home than to travel and pay for a ticket to a theater.
—Olivia Signorile ’25
“I think streaming services have definitely affected movie theaters because now people can watch a movie whenever they want rather than planning a time to go to the movies,” said Emma Kantor ’25.
Movie theaters can’t do much to improve in the face of these challenges, but they can remain hopeful for the future.
“Theaters and studios are hoping a handful of upcoming releases could become smash hits.” Los Angeles Times said. These include ‘The Woman King’, TriStar’s historic action drama starring Viola Davis; ‘Don’t Worry Darling’, a Warner Bros. thriller directed by Olivia Wilde.