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So long as movies have been made they don't all go to cinema, far from it.
So not sure why you would consider my possible scenario so out of question Mountainous.
Mind the Reddit crowd haven't got us a £20 share price ;-)
Mountainous
It is a possibility not only I have considered. There have been articles on the matter.
What I would say as some evidence of this already being the case is: look at the number of movies release each month since cinemas reopened.
Each and every month has been well down on precovid levels and it's (mostly) not a lack of the bigger films.
Monthly less than half of what we would have seen previously.
Current pattern isn't to say it will continue forever, but it is a possibility.
People may also prefer to watch the "average" stuff at home and make more of an event of going to cinema for Marvel etal!
Go 4dx rather than standard 2d, buy more of the concessions, go to the cinema with the plush seats etc.
To think nothing will or ever does evolve would be rather foolish I think.
My opinion is cinemas will continue to be a key element of entertainment in society and being one of the biggest players in the market Cineworld will adapt to whatever shape the future takes and be profitable.
Cineworld and others in the industry are alert to requiring change and that's what I am suggesting may happen.
Why would they go to considerable expense of upgrading seating, foyers, types of screen etc if they also didn't think the future would be different in some ways from the past?
Come on now FunInvestor.
What is this so-called ‘focus on the large revenue generators’? If I spent a few million on a film and knew that putting it on streaming would cause instant losses, then I would 100% push it out to the cinema. For every single film created, there is always an incentive to put it on the big screens because it creates much more revenue for them, no matter if it’s a small or a big film. Even Netflix is snapping up movie theatres as they know that their product can succeed well there. There is no way that we are going to see just the very big movies going out onto the big screen and ‘The smaller stuff replaced with Netflix’.
Yeah aware hull has a nick there , it was killingholme that got me wondering , for some reason i didnt connect it to hull and Immingham.
We didn't see much of the area , we stayed at the hilton next to hulls tiny airport, prob the worst hilton I have stayed at lol. Although I am currently in a nice one in the middle of graffiti central in Bristol which is giving it a run for its money
Hull as a prison too, think charles bronson aka el Charles Salvador had a stint there...as have lots of unruly bad ass.ess
Ahhh ok yes I was up Hull way and Immingham , makes sence now lol
Sorry bonkers ,yeah , its a port ...
I'm multitasking , trying to drive , type , whilst pizzed
A Friday in June 2022
FI, its by Friday ...
I think you were at Immingham not long ago if memory serves me , which is basically next door .
If im on my way to Grimsby for a blow out, I pass Stallingborough, Killingholme and Immingham..
Does anyone know when the court case will be decided? Sorry if this has been addressed. I follow it loosely but not as avidly as some of you. Thanks.
Sammy seems we have very similar exit prices.
Killingholme why does that ring a bell , does it have a port , or a prison? I have either worked there if a port or aware of it from my previous job
Any thanks for the more grown responses. Just was looking for opinions.
I do get curious with this fast forward into digital age because of the pandemic etc.
I love the cinema experience personally. (Not the snack prices lol)
It will be about there's no question about that. The shape and size it'll attract will change with ever modern technology into even the home tv experience and with devices growing in size and memory, more look at those.
When do we get £1:40 - £1:60 sammy?
Hope it's not also 2030 or beyond.
I could certainly live with that exit point we're it to be anytime "soon".
Bonkers , me neither...Not really interested if it hits £3 , nor £2 ..
Obviously if it did by Friday, I'd be happy ( prob buckled up in my suit in the grey bar hotel).
Not fussed if mooky hits his £1.90...
I shall be quite content , happy and grateful with an exit price of £1.40-£1.60..
Thats a lot of mojitos :-)
I have a long term share I've invested in , a company not far from me ( Killingholme) , thinking by 2030 it'll be many multiples of todays price.
Maybe I see it , if not my boys are going yo be very happy reading my will..
:-)
Of course there is a 'real' future for cinema. Jeez louise. The arts have existed for millennia, humans are predisposed to a love of stories & storytelling, it is a core trait of what makes us human [science fact]. The argument is not streaming vs cinema, it is - do people want to sit on their arse at home where there is no experience (save for the <1% that afford themselves luxurious home cinema setups) or do they want to visit a cinema, the big screen, the depth of sound, the ASMR, the shared experience, the big chair..
The cinema is no different (at its core) to the fighting pits of ancient Rome. Produce content and they will come.
Streaming and cinema should be viewed as synergistic, yet opposite sides of a coin. When was the last time you asked someone "do you like going to the cinema to see a good movie?" and they responded "no".
If human psychology isn't enough for you, then see all the news of streaming firms deciding to return to 45 day theatrical window because of the huge financial losses incurred by going straight to stream.
In 2019 (and just prior to the pandemic) the Box Office generated $42.5 BILLION dollars.
Next question !!
Netflix no different to us showing Disney, MGM, or any other content provider (many of whom also have means of broadcasting their product to your tellybox).
Almost all serious analysts no matter how negative they are on cinema agree there is a future in the business.
The real question is what it will look like.
May mean fewer people going, but at higher price per person (even more of an experience day than it has always been. Think 4dx, superscreens, luxury seating, food etc).
Content - possibly less from traditional sources (movie studios) but a focus from them on the massive revenue generators.
The smaller stuff replaced by Netflix and other streamers product, sporting events, more concerts, ballet etc.
Possibly smaller cinemas gobbled up and fewer sites, but more of a focus on the big earning sites.
Yes there is a future, what shape nobody knows for certain.
However I think as does the people in the industry that there is a very healthy business for the foreseeable future.
If you view differently then maybe now is a time to sell your shares and move on.
Your money, your choice.
Our money, our choice.
Today I have a day off work and am going to see Dune in 4dx and as a fan of the original in the 80s maybe one of a few I am extremely excited. Do you get that excitement at home never. So this heavily invested cinephile will say Damn right there is a future even when I’m pushing up Daisy’s people will be flocking the cinema..
WE see you ever week every time the shares are on the up
No lets not try to play each other when we all know who is who
Personally I'm not interested in pre covid s.p , I don't need the s.p to reach say £2 to recharge my target price, I have invested on a recovery rather then to get back where we were.
If showing some of netflix superb stuff brings in revenue , attracts a bigger audience and offers something different to cineworld , then that only brings my exit price sooner imho.
So in answer to your question more then happy with netflix link and more then happy with the way cinema recovery is heading.
Bc2020 what actually is your reply to my question or is it just abuse you can hurl? Nobody can give a discussion?
Bc2020
Not a joker and no need to hide by saying that. Of course investing is risk. I'm not disputing that. I merely asking opinions on future of the cinema? No need for nasty replies.
If you have to ask that then you are not able to see the risk reward
Go put your money in a isa
JOKER
Bc2020
Never said lockdown only restrictions would again come back.
If the rise continues, it'll put people off regards if nothing happens.