AMC and Cinemark might just have to follow in Regal Cinemas’ footsteps of its temporary closures if they can’t survive the current movie ecosystem, although it’s not ideal.
AMC announced that, unless it finds $750 million, it will be out of money by mid-January due to the unpredictable movie landscape. Įven AMC Theatres takes issue with the Warner deal. In an interview with NPR, Nolan said this decision affects more than just theaters but also crew members and actors who depend on unions for residual payments. “And they are dismantling it as we speak.” had an incredible machine for getting a filmmaker’s work out everywhere, both in theaters and in the home,” Nolan said in a statement to The Hollywood Reporter. “It is all about the survival of a telecom mammoth, one that is currently bearing an astronomical debt of more than $150 billion.” In a passionate essay for Variety, Villeneuve shared his thoughts: “There is absolutely no love for cinema, nor for the audience here,” he wrote. And some people, including directors Denis Villeneuve and Christopher Nolan, don’t think it’s a good idea. It sounds like a no-brainer - just suck it up and choose HBO Max, right? Well, it’s not that simple. Not only would subscribing to HBO Max probably end up a better deal than repeatedly going to the theater, it would also give you access to all of its original programming. While the average cost of a single movie ticket in the second quarter of 2019 was $9.26, HBO Max is only $14.99 a month.
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