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Did The FCC Just Kill Movie Theaters?

in a related item, Hollywood Video announces they are going bankrupt and shuttering all 1900
remaining stores (I know the owner of a shopping center in a small town who says they have
not been paying their rent for almost a year)
 
DToTheJ said:
FreddyE1977 said:
in a related item, Hollywood Video announces they are going bankrupt and shuttering all 1900
remaining stores...

R.I.P. Hollywood Video. And Movie Gallery is joining them:
http://www.chronline.com/news/article_a39c21ec-5869-11df-8e34-001cc4c002e0.html

Is Blockbuster still operating?

Yes, but Blockbuster has closed down a lot of stores, including one near me that was one of their top 50 revenue producing stores in the chain a decade ago. And remember just a year or two ago, when their deluded CEO wanted to purchase Circuit City?

Our urban San Francisco neighborhood has only one video store remaining - 4 others have closed down in the past 3 years, including a Hollywood Video.

Video stores are like record stores a few years ago - a victim of changing times. In this case, internet downloads, plus NetFlix and cheap DVDs.
 
One of the 3 Blockbuster stores in Jackson, TN recently closed, along woith the Hollywood Video and Movie Gallery stores. Another factor is Redbox, which is at every Wal Mart, Kroger, and Walgreen store. You can't beat a dollar a night to rent from them, unless you forget to get it back on time.
 
I just wonder how much longer Family Video will remain in business. They have done a lot of expansion within the last 2-3 years in my area, while Blockbuster has closed nearly all their locations local to me, & Movie Gallery/Hollywood Video will be out of business for good by summer. I never cared as much for Movie Gallery after they bought out Box Office Video in the 90's & changed the terms of their rentals. Box Office Video was a local chain in my area that served Lake, Porter, & LaPorte Counties of Indiana.
 
Dave said:
I don't see this intentionally putting movie theatres out of business. If anything, if the cost is reasonable, many people who have satellite or cable might prefer this route. If you look at the cost to go to the movie theatre, tickets can be anywhere from $7.00 - $15.00 (depending on movie & whether you go during matinee or primetime) just for the ticket. If you get concessions, they really markup the price of their stuff. The smallest box of popcorn I last bought was around $6.00 with the largest bucket of popcorn costing around $25-$35. The drinks were also overly inflated. Soda (pop where I live at) was anywhere from $4.50 - $12.50. Pretzels were around $6.00. The boxed candy is something I don't buy and don't know its cost. Whenever I went to the movie theatre, I'd try to go during matinee to get a discount on tickets. If that movie theatre offers free refills on popcorn & soft drinks, I buy the smallest size to control costs. I will look at second run theatres too (usually in older theatre buildings) to get discounts on tickets & refreshments I have found to be a bit cheaper there too. The last time I went to the theatre (Cinemark in Lisle Illinois with a friend), I saw I Am Legend on the IMAX screen (not my choice) which I wouldn't waste my money on again since I don't see the big deal about IMAX. That ran $10.50 to see it on IMAX, or the ticket would have been around $9.00 on the regular screen during primetime. I bought popcorn & softdrink, & that costed me $10.00 for both in the smallest sizes. I did get one refill, but couldn't get another refill, due to the concession stand closing 45 minutes before closing.

Now if I had cable or satellite, I'd probably look at that this option of viewing a first run movie at home. All I have to pay for is for viewing the movie on demand. I can have any refreshments I want from my own cabinets & refrigerator for the cost of whatever I paid for it at the grocery store.

I couldn't agree more; the main problem with movie theaters is that everything is so darn expensive; the refreshments, the tickets, etc.; maybe if the major theaters didn't charge so much for everything then they wouldn't be in trouble finaincially nowadays.
 
Lkeller said:
DToTheJ said:
FreddyE1977 said:
in a related item, Hollywood Video announces they are going bankrupt and shuttering all 1900
remaining stores...

R.I.P. Hollywood Video. And Movie Gallery is joining them:
http://www.chronline.com/news/article_a39c21ec-5869-11df-8e34-001cc4c002e0.html

Is Blockbuster still operating?

Yes, but Blockbuster has closed down a lot of stores, including one near me that was one of their top 50 revenue producing stores in the chain a decade ago. And remember just a year or two ago, when their deluded CEO wanted to purchase Circuit City?

Our urban San Francisco neighborhood has only one video store remaining - 4 others have closed down in the past 3 years, including a Hollywood Video.

Video stores are like record stores a few years ago - a victim of changing times. In this case, internet downloads, plus NetFlix and cheap DVDs.

Someone correct me if i'm wrong about this but didn't a lot of retail chains close in the early 80's too? or something like that; maybe this is a sign of the economy the way it is as well in addition to changing times as far as technology. There have been several regional(to where I live-Seattle/Tacoma/Pacific Northwest) and national retail chains to go out of buinsess in the past year and a half or so: Circuit City, GI Joes's(or Joe's), KB Toys, the Dollar Store chain, and now Hollywood Video and Movie Gallery, among others; it's kind of interesting to think about actually.
 
Scoobyfan1 said:
I couldn't agree more; the main problem with movie theaters is that everything is so darn expensive; the refreshments, the tickets, etc.; maybe if the major theaters didn't charge so much for everything then they wouldn't be in trouble finaincially nowadays.

While I understand your frustration, if the movie theatres didn't charge that much, they'd have long been out of business. This is where the money is made. If you Google around you can see how movie theatres make money. There is pretty much none to be made from ticket sales, which often don't cover the cost of the movie. It's the extras where any profit is made
 
Scoobyfan1 said:
Someone correct me if i'm wrong about this but didn't a lot of retail chains close in the early 80's too? or something like that; maybe this is a sign of the economy the way it is as well in addition to changing times as far as technology. There have been several regional(to where I live-Seattle/Tacoma/Pacific Northwest) and national retail chains to go out of buinsess in the past year and a half or so: Circuit City, GI Joes's(or Joe's), KB Toys, the Dollar Store chain, and now Hollywood Video and Movie Gallery, among others; it's kind of interesting to think about actually.

In the 90's Movie Gallery bought out my local video store, Box Office Video. I don't remember how many stores there were in that company's peak, but I know they served only 3 counties of Indiana (Lake, Porter, & LaPorte Counties). My Aunt Myra used to work for Box Office Video, & stayed with them until just before Movie Gallery bought them out. She handled opening some of the stores and did the training of employees. I personally thought Box Office Video was better. Of course I already covered this in an earlier reply.
 
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