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Do we know if Disney+ is returning a profit or operating at a loss in exchange for increasing its long term user base? Seems like the latter. In regards to the
by nebula8804 5y ago
Do we know if Disney+ is returning a profit or operating at a loss in exchange for increasing its long term user base? Seems like the latter.
In regards to theaters being a "special occasion", I am not sure where you live but here in the US we have "monthly subscriptions" for movie theaters. For example, for ~25$ a month I can sign up for AMC Stubs A-List which allows me to see three films a week in any format I want (standard def, IMAX, Dolby Premium, 3D or whatever else they have) each week for the month. (Thats typically 12 films a month). This is unbelievable value, yet even to this day I see theaters are flat out empty with the exception of Superhero films and established franchises (eg. James Bond). I can't tell you how many films I have seen this year (since getting vaccinated) where I was literally the only one in the theater. For one film I discovered there is a regular light switch that controls the lights in the theater and so I watched the film with the lights on ha ha!
I think movies and ;possibly "old media" are just failing for peoples attention in favor of things like Youtube/Instagram/Twitch etc. After all there are 24 hours in a day and no way to expand that so everyone has to compete by taking away some time spent on existing forms of media.
- thedevelopnik 5y agoMy wife and I have the Cinemark subscription and used to see an average of 1-2 movies per month. My son has a sleepover with his grandma once a week and we have date night. We might start that up again once he’s fully vaccinated (mid-December) but otherwise we haven’t seen a movie in theaters since February 2020. I know the world has been open for most people for awhile now but for a lot of us it hasn’t been. I’m really looking forward to taking my son to a movie in a theater for the first time in his life, maybe on Christmas day (he was too young when the pandemic started).