India  Video
NewsR.in
> >

Is Cinema-Going Set To Change For Good?

One News Page Staff Wednesday, 13 September 2017
Is Cinema-Going Set To Change For Good?by

There’s nothing quite like a trip to the cinema – you only have to look anywhere in the world to see that there is a culture around banding together to see the latest release on the big screen, with boxes of popcorn and the willing to sit through almost 30 minutes of advertising for big brands and other movies. It’s an odd concept, on the face of it, and there continues to be whispers as to what will happen to the traditional box office experience in years to come. Will we all still want to pay premium prices to watch a movie on a widened screen? Maybe not – and there seems to be moves to try and revitalise the physical box office as well as bring more entertainment home – as if there wasn’t enough already!

It’s emerged that Mitch Lowe, who helped to found both Redbox and Netflix in what would become the movie rental revolution – seems to be turning his focus to cinema-going, by knocking down the price of his Moviepass service by 80%. The service is a premium cinema club which allows subscribers to watch as many movies as they want at the local theater by only paying a set amount each month. By knocking down the monthly price of Moviepass so dramatically, it’s argued that Lowe could well be seeking to revolutionize the box office the way he helped to revolutionize the movie rental – by making it cheaper and more accessible to the main market.

The price of cinema tickets is arguably causing something of a dissonance – while movies continue to pull in big money each year, escalating ticket prices and the emergence of content that is readily available for low fees at home via services such as Netflix are pulling away much of the audience that local cinemas have traded on for decades. There is also talk of Netflix allegedly discussing plans to allow home viewers to watch cinema releases at home for a premium on their debut – something which could also eat into the popularity of the local theater.

Fans of the cinema need not worry just yet, however – with services such as Moviepass still crunching the numbers and potentially set to generate new interest in the box office, it’s unlikely we’ll be seeing our favourite picturehouses shutting down too soon. You know what you can do if you are concerned, however – go support your local independent cinema – as every little helps!

Editor's Note: Check out Graham's Movie Reviews column here on One News Page

13
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

You Might Like


Recent related news

BWF to push hard for changes

The Badminton World Federation (BWF) is again mulling changes in its current set of rules, including the scoring system and on-court coaching. The changes,...
Deccan Herald - Sports

Nitin Gadkari slams people of Tripura; says they are responsible for state's backwardness

Union minister Nitin Gadkari on Sunday said the people of Tripura were to be blamed for the state's "backwardness" as they did not vote for a change in the last...
DNA - Front Page

More debt-laden companies likely to be dragged to NCLT

With the Reserve Bank of India (RBI) withdrawing all debt restructuring schemes, more debt-laden companies are likely to be dragged to the National Company Law...
DNA - Front Page


Tweets about this


Other recent news in Entertainment

'Black Panther' vs. 'Aiyaary' at Indian BOX OFFICEBlack Panther, AIYAARY box-office collections: Marvel's film races ahead with Rs 7 cr; Neeraj Pandey's film trails at Rs 3 cr
Box Office: It's 'Aiyaary' vs 'BLACK PANTHER' at the domestic ticket windowsAdam Levine, BEHATI PRINSLOO welcome baby girl
Wedding Bells! 'Rock On' actor PURAB KOHLI ties the knot to long time British girlfriend Lucy PaytonWATCH: JAMIE FOXX walks away from interview when asked about Katie Holmes
•More original news reports from newsR
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter