You can hardly wait to watch the newly released movie with your friends. There’s no queue, so you settle in wanting to kick back and enjoy a new release. You get some huge hot buttery popcorn, your M&Ms, Kit Kats, Twizzlers, cookies and sodas. However, you are not in a reclining chair at the movie theater; you are on your couch.
Many theaters across the country, including the second world’s largest chain, are starting to have big financial problems as they start to become less popular. Movie studios simply stream their movies to streaming sites instead of sending them to movie theaters, making it convenient for viewers to watch movies from the comfort of their home.
Movie theaters like Cineworld and Regal Cinemas have filed for bankruptcy, blaming the pandemic and a lack of new movies. Big hits like “Top Gun” and “Spider Man: No Way Home” encouraged viewers to return to the movies. However, despite this success, Cineworld reports that his company is having problems; one or two great films cannot save the future of cinemas.
“Despite a gradual recovery in demand since reopening in April 2021, recent admission levels have been below expectations,” according to MovieWeb.com Cineworld said. “These lower levels of admissions are due to a limited film slate which is projected to continue through November 2022 and is expected to have a negative impact on the trading and liquidity position of the group in the near term.”
“I think they are taking part of our business and some movies are going straight to broadcast,” said Trevor Thomas, a local employee at AMC Royale 6 in Norwalk. “So there’s no point in coming to theaters to see the movie.”
Many people realized how much easier it is to watch a movie in the comfort of their own home instead of traveling and paying for a movie ticket.”
— Olivia Signorile ’25
“I think streaming services have definitely affected movie theaters because now people can watch a movie whenever they want instead of scheduling an hour to go to the movies,” said Emma Kantor ’25.
There’s not much movie theaters can do to improve with these challenges coming their way, but they can keep hope for the future.
“Theaters and studios are hopeful that some of the upcoming releases can become big hits.” Los Angeles Times said. “Those include “The Woman King,” TriStar’s historical action drama starring Viola Davis; “Don’t Worry Darling,” a Warner Bros. thriller directed by Olivia Wilde.