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Personally Trevor, I think the sp will start going the other way to your prediction, and if anything it will be "magical" for all who have invested along the way...
Well Asia, led by Korean releases has just shown you how quickly the market recovered. The answer is it recovered impressively, so much so that it convinced little ol Warner Bros to try their luck at a staggered global release of Tenet, something they said they would never do!
Why isn't this the focus of your posts, rather than the German Cinema numbers, which are insignificant in comparison.
Heck in terms of gross revenue for Cinema, Germany doesn't even factor.
In terms of gross revenue, the following box office territories are the top seven in the world:
I think your German figures post should now be shelved in some filing cabinet mate. Irrelevant.
Oh and I can't read your link as it is behind a paywall. Care to post it here?
My darling twatty what r u doing up at 1am..were you missing me?
I have already said, I cannot find a reason. It takes time, the figures are just out. indepth does not imply instantaneous indepth. It did shock me though, I know the germans like their cinema.
I did not compare germany's figures to another country, just the same week the year before in the same country. To get an idea of how quickly the market recovered (i have done this for the 2 weeks before). The market was recovering, slowly but then last week it took a major hit.
what did you think of:
Three cheap stocks that will survive Covid – and three that won't
So you'll compare German cinema attendance figures to any other countries figures, based on no correlation whatsoever and infer because german figures are lower, then so too will every other county.
Not particularly in-depth at all mate. Anecdotal at its finest.
Ill humour you, what does your "in-depth" analysis show.....why did Germanys attendance figures fall?
I have no comparison figures for the "$20.8 million across four markets".
Germany has opened a lot of it's cinemas. I was able to find current statistics up to august 2nd 2020. Can you find statistics up to last week from any other country ?
You've given no compelling reason why Germany is being singled out by you when discussing Cinema viewership figures compared with the US and the UK.
What have German viewing figures got to do with the US and the UK that you feel they can be compared?
Cineworld isn't even in Germany.
Also, you mention the article says "The arrival of “Peninsula” in Korean theaters did not come a moment too soon. Data released recently by the Korean Film Councils showed box office tumbling by 70%, to just $228 million, in the first six months of the year, compared with the first half of 2019.
Admissions were down 67% in February, 88% in March, 93% in April and 92% in May, before beginning to turn the corner. In June, admissions were down 83% year-on-year."
Well duhhhhhhhhhhhhhhhh, we entered a global pandemic and all theatres slowly closed across Asia.
The emphasis is on the re-opening figures and they knocked it out the park, giving WB the confidence to go ahead with releasing Tenet.
What do you say to that?
yes he does not want a national lockdown, but he may order towns, cities, or even regions, to lockdown.
Times article today indicating Boris never wants another lockdown:
"When his scientific advisers first floated the idea of “segmentation” in the spring, Boris Johnson rejected it. As with the decision not to lock down London before the rest of the country, the priority then was on fostering a sense that everyone was in the same boat.
As the devastation caused by shutting so much of the economy becomes clear, that calculation has changed. Mr Johnson has made it clear that almost anything is preferable to another full national lockdown. It would be natural to look again at the idea of segmentation.
The logic is simple. For the young, fit and healthy, coronavirus is not that dangerous. Lockdown was necessary because of its effect on older and more vulnerable people. Modelling in May found that most people could get back to normal life more or less — subject to self-isolation of the sick, contact tracing and some social distancing — if the most vulnerable and those who cared for them accepted restrictions for longer.
At the time the segmenting was largely based on age and the most serious medical conditions. As knowledge of Covid-19 has advanced, it has become clearer which conditions increase the risk and which do not. This makes personalised risk scores feasible and after uproar over suggestions of a “grey lockdown”, No 10 was careful to say yesterday that no policy would be introduced based on age alone.
In practice there may not be too much difference: age is overwhelmingly the biggest risk that we know about. Being very obese or from a Bangladeshi background doubles your risk of dying of Covid; being over 80 increases it 70-fold.
Even if everyone over 50 has a risk assessment done, most of those told to isolate are still likely to be over 70, at which point the risk is 50 times higher than for the under-40s, compared to nine times higher for those in their fifties.
Mark Woolhouse, of the University of Edinburgh, a member of the government’s SPI-M modelling group, said that “a personalised risk score is a good approach”.
However, he said: “Age remains by far the most important risk factor we’ve identified so far. So any personalised risk score will still be dominated by age, but the cut-off will be fuzzy.”
A personalised risk score would effectively be an age-based segmentation with porous boundaries, which excluded some fitter 71-year-olds and included some less healthy 69-year-olds."
also in your article:
The arrival of “Peninsula” in Korean theaters did not come a moment too soon. Data released recently by the Korean Film Councils showed box office tumbling by 70%, to just $228 million, in the first six months of the year, compared with the first half of 2019.
Admissions were down 67% in February, 88% in March, 93% in April and 92% in May, before beginning to turn the corner. In June, admissions were down 83% year-on-year.
it is a possibility, but unlikely. Cine has a fitch debt rating of non investment grade outlook negative:
What can we do to stay open during a second lockdown?
Germany handled the coronavirus pandemic relatively well. Quite a lot of cinemas have been open over 1 Month. I can speculate on what might happen if, for the US and UK, in germany it has happened already.
Could we go bust?
Just curious, why are you so enamored with the German cinema statistics? What is the relevance to Cineworld? - Cineworld have no locations in Germany to speak of and what has German viewership got to do with UK and US cinema viewership or viewership in Asia, the worlds second biggest box office market for that matter?
Wouldn't it be more prudent to look at the reason why WB decided to finally release Tenet...
The reason WB finally decided to release Tenet was because the second largest box office region is Asia and with new releases recently kicking off there after a prolonged period of closure, the first movie to release there after lockdown made an absolute killing, showing Cinema is ready to roar back and then some. Insiders said on WB decision to finally release Tenet " The strong Asian B.O. performance for “Train to Busan” sequel “Peninsula,” which made a sensational debut with $20.8 million across four markets, is believed to have buoyed studio bosses.".....
- The movie was a resounding success. Lack of competition ensured this movie absolutely nailed the box office window and this is what convinced WB studios to release Tenet.....
- With number one openings in four other Asian territories, it finished the weekend with a $20.8 million cumulative score.
- The much-awaited release of “Peninsula” in South Korea lived up to the hype, despite capacity limitations and other social distancing measures imposed across the nation’s cinemas.
- “Peninsula” easily pushed aside older titles that had been playing in Korea since cinemas reopened.
- The film’s opening performance also handed the Imax theater circuit its first $1 million weekend in several weeks. Within the Korean total, “Peninsula” earned $365,000 from 18 Imax screens. That was the fourth highest-scoring weekend for a Korean-language film in Imax, despite the capacity limitations!
If we have a second lock-down 20p will come and go imo
At last 100%.
An answer well done to Mr Harding.
George Bush Snr, last President not re-elected..
Very well said
I knew that. Ultimately only time will tell. Markets look to the future, but there are quite few risks along the way. The german figures that I have been posting look terrible, a 96% drop on the same time last year. Yes lots of reasons, but 96% drop. I know the figures are only a prognosis nevertheless they have shocked me a bit.
I told you already. But you are too full of bolox to take anything in. Something big BIG BIG-BIG is happening.
You tell me.
What do you think the gold move is for?