John Egan’s Post

Film distributors directing towards #OTT platforms, these asks are a step towards evolution of Film business and a Co-existence and profitability for all on the value-chain #entertainment #filmdistribution #ott #theatre #exhibitors #films #profitability https://lnkd.in/dQN492-K

Hey everyone, have you heard about the news regarding Cineworld possibly closing a quarter of its UK cinemas? Check out this insightful article from the Financial Times. It's an interesting read about the current state of the cinema industry. Let's discuss how this could impact the future of moviegoing and the entertainment sector. #Cineworld #UKcinemas #FinancialTimes https://ift.tt/1qwDhJv

From #MonkeyMan and #BackToBlack to #CivilWar and #LateNightWithTheDevil, this is your guide to everything in cinemas this April in Australia:

Hey everyone, did you hear about the news on Regal owner Cineworld considering theater closures and restructuring options post-bankruptcy? The entertainment industry is facing some major changes, and it's important to stay informed. Let's discuss the future of cinema and how it impacts us as movie lovers. Check out the full article on Hollywood Reporter and share your thoughts in the comments. #Cineworld #TheaterClosures #BankruptcySurvival https://ift.tt/1qwDhJv

While cinema chains in several crucial regions, including the U.S., have found it difficult to entice customers back to their padded seats when COVID-19 limitations were lifted, things look much more optimistic in Southeast Asia: Record-breaking local box office numbers are being achieved, new filmmaking subsidies are being announced, and major movie theatre chains are preparing to expand. #COVID19 #Impact #cinema #film #US #Asia

A confluence of compounding pressures have hit restaurants' on-premise operations in Toronto this season. Guest counts are down an alarming 9% during a historically busy period, according to OpenTable via CP24 Breaking News. Couple that with a huge hole in the typical revenue that #TIFF brings to the downtown core because of the #actorsstrike, and the city's restaurant and hospitality sector is taking a beating right now. Affordability is at an all-time low. Meanwhile Olivia Chow's government is proposing raising the sales tax, putting further pressure on the ability for the average person to support small businesses. Are you a local restaurant/business owner? What's your take? #toronto #topoli #torontorestaurants https://lnkd.in/gibYAQA4

U.K. Frequency Impact: “The boss of the UK Cinema Association (UKCA) has said that British cinemagoers are not being fed enough quality local movies to get them back to movie theaters with the frequency of the pre-Covid era. According to Phil Clapp most pre-Covid cinemagoers are now happy to check out movies at their local theater from time to time, but frequency is the issue. If an average person was going to the cinema six times per year before the pandemic, Clapp floated the notion that they would now be going three to four times” #cinema #leisurepropertyESS THE LEISURE PROPERTY FORUM Marathon Not a Sprint to Recovery and when quality films are released they most likely will be most popular at quality venues, and not the multiplex, which will further polarise market recovery. https://lnkd.in/eXKM82HR

These AMC-distributed concert/documentary movies seem to be a win win for the exhibitors, cinema and of course AMC. Content is key as well as distribution. #AMC #renaissance #beyonce #concertfilm #entertainment #presale #content #distribution #marketawareness #documentary

〰️ 𝐔𝐏𝐃𝐀𝐓𝐄 CHINA "Branched distribution means that a film can no longer be uniformly screened by theater chains across the country, and the film studio can choose to trade with theater chains or theater investment management companies that provide better conditions. For example, it provides more prime screenings, a higher proportion of film schedules, a longer screening period, and a higher proportion of film box office settlement accounts, etc., which all belong to the category of merit-based considerations." #china #industry #distribution #vision