RE: Film cancelled by Cine ?9 Jun 2022 21:12
Revenue and consistent revenues means plenty (we know many other factors also at play).
Lack of revenues (so far since re-opening) is another perfectly valid reason for SP struggling.
YES, YES I know we are seeing signs of revenues worth talking about May and hopefully the next couple months.
Simple truth however is that company and industry has pretty much every month since opening back up not had the revenue levels to make for a highly profitable business.
Now as much as I respect Mooky and like much of how he goes about business his last couple interviews have been misleading regards movie releases.
Yes we now have a major studio release most weeks (more regularly), BUT we have nothing else and that lack of support movies is currently the difference.
Until we start seeing month after month of US domestic c. $900m then we are still a struggling/recovering industry.