I've noticed a trend with these types of articles. The story is something like "Running X Business is Expensive", but when I look into it I usually see a coupl

I've noticed a trend with these types of articles. The story is something like "Running X Business is Expensive", but when I look into it I usually see a couple themes. - The business is not owner operated - Key competencies have been outsourced - Real estate is a cost center (or equity building is just conveniently ignored) These pieces really just read like medium sophistication bean counters whining that their rent seeking play isn't working out so well. --- If you're not owner operated and you're outsourcing stuff like media servers, I don't really know what to say. For example Regal has 7,262 screens and theaters supposedly blow $20-70k per screen on media equipment??? That's $150-500Mil that could have easily funded an R&D effort to capture some massive savings (barring some sort of vendor lock in that I'm unaware of). If you want a cut of business's revenue and all you offer is basically branding and alternative financing, I'm not sure why anyone should feel bad for you.