RE: Been a intresting day25 Mar 2021 19:12
Good work today bonkers.
Not sure if any of us mentioned another nice snippet from the update today.
Mooky noted that in 2019 Global Cinema Revenues of a record $43bn and had expected by 2024 that to rise to c. $60bn.
While he now expects a delay to that timeline for obvious reasons, he still expects a similar growth in the sector going forward.
The c. 14m loyalty/unlimited members I would expect almost all to renew membership and we may well see growth in these numbers as people get back to living, enjoying some great new locations and upgraded venues and enjoy a very cheap form of entertainment that's been sadly lacking in all our lives for a year now.
Back of fag packet calcs. 14m x say £15 rounded say £200m/month regardless of whether we turn up daily , once a month or not at all.
That's before any concessions purchased by us 14m :-)
Film most looking forward to, absolutely whatever is on that first day of opening!!!
It can't come soon enough now.