More like burnt hot dogs. No stockyards in Tucson but we did have one drive-in next to the train tracks. Wonder how they overlooked that little piece of paradise?
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Iger floats possibility of Disney selling ABC
- Thread starter michael hagerty
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It's pretty brutal. Here are the numbers for Las Vegas from 2022:
Source: nexttv. com/features/local-news-close-up-what-happens-in-vegas-a-lot
47,917 households in a market of 833,510 households. Less than 6% combined. Even worse look at the 25-54 numbers. For KSNV, only 2,502 out of the 10,555 are in the key 25-54 demo.
Wow. Yeah, that's awful. I anchored weekends at KTNV from '84-'86, when the town was 550,000 people---so probably under a quarter-million households, and I think we were getting 35,000 households, 3 was about that and KLAS was probably getting 50,000.
Also from that NextTV article, some comments from a local GM:
How ridiculously out of touch! Am I really to believe the biggest concern in the market is who might be buried at the bottom of Lake Mead?
Not, perhaps, more weighty issues like:
The availability of water from the lake? Corruption? Homelessness? Crime? Taxation and government finance?
How ridiculously out of touch! Am I really to believe the biggest concern in the market is who might be buried at the bottom of Lake Mead?
Not, perhaps, more weighty issues like:
The availability of water from the lake? Corruption? Homelessness? Crime? Taxation and government finance?
Well, to be fair, the bodies in the lake probably check the corruption and crime (and possibly government finance, speaking as a guy who used to cover Clark County government) boxes....
Bob Iger’s big ideas for Disney involve cost-cutting at Marvel
Bob Iger encountered many “challenges” since he came back.
www.theverge.com
Here is the other one Bob Iger has other ideas at play here for Disney.
Just spitballing here, but...
If $463 million box office is not enough, you're spending way too much to make the movie.
At some point, the comic-book plane has to land. Disney only spent $4B on Marvel and they've had it for 14 years. They've recouped their investment and then some.
And Star Wars---after 46 years, the wonder is that there's any life left in the franchise.
But with alternate timelines and universes they can keep working those old mules til they drop, then kick them a few times and they will get up and keep making money til they drop again... rinse, lather, repeat.
Look at Star Trek.. Paramount is milking that franchise for every last piece of gold pressed latinum
Look at Star Trek.. Paramount is milking that franchise for every last piece of gold pressed latinum
The trick is doing it at a profit.
And apparently not getting it:
The Future Of Star Trek TV Remains Unclear As Paramount Announces Streaming Spending Cuts [UPDATED]
We are expecting an announcement on Trek's future soon.
trekmovie.com
Let's look at another Paramount franchise---Indiana Jones. The new one, "Dial of Destiny", cost $295-$300 million to make and with marketing costs folded in, it's not expected to be profitable.
These movies are expensive. And theaters are increasingly unable to deliver enough eyeballs on screens to make it work.
The average ticket price is $11.75. A billion-dollar box office means you need to sell eight and a half million (plus change) seats at that price. And if $463 million is a disappointment, then what you need is a billion-dollar box office.
But it gets harder. We saw "Indiana Jones and the Dial of Destiny" at a Sunday matinee. It cost $6 a ticket. We could have seen it on Tuesday, when our local theater (and I understand this is a thing in many cities) has "Five Dollar Tuesdays"---five bucks a ticket, all showings, all day long.
Apparently the new Mission: Impossible (another $290 million dollar movie) is underperforming on its opening week:
Box Office: ‘Mission: Impossible — Dead Reckoning Part One’ Now Cruising to Projected $78 Million Five-Day Debut
Paramount’s “Mission: Impossible — Dead Reckoning Part One” is defusing a bit at the domestic box office, readjusting for an estimated $78 million gross over its five-day opening.…
variety.com
And so far, streaming hasn't hit profitability, so the studios are getting squeezed on both ends. And now the writers and actors are on strike.
Not good.
For me, it's not only becoming too expensive, but it's just not fun to see a movie in the theaters anymore. It's $14-20 per ticket now, sometimes you can find a "deal" for $10 if you are willing to go on a Tuesday or in the middle of the day. But then, if you want pop and popcorn, that's another $20. Now I am in for $40 for a movie. Hell, even for $20, I can almost own the movie when it comes out (and for $40 I definitely can AND I can have snacks even better than popcorn and soda). And I don't have to take the chance that someone is going to be crunching on popcorn behind me the entire movie.
I completely get the overhead of running a theater, but why go through all of that? I have a nice big screen at home with a good sound system. Not QUITE as good as a theater, but the convenience of being at home, it's a good trade for me. And all of those costs are for ONE. A family of 4 could easily spend over $100 to go to the theater just one time, or get nearly every streaming service and have movies that are 6 months old that you can pause when the kids need to go to the bathroom.
I completely get the overhead of running a theater, but why go through all of that? I have a nice big screen at home with a good sound system. Not QUITE as good as a theater, but the convenience of being at home, it's a good trade for me. And all of those costs are for ONE. A family of 4 could easily spend over $100 to go to the theater just one time, or get nearly every streaming service and have movies that are 6 months old that you can pause when the kids need to go to the bathroom.
Just booked three tickets to a movie, $17 each before fees. For a matinee. I know inflation is a thing, really, but that’s just robbery.
This is why it’s the first and quite possibly only one we’ll see in a theater this year. Then again, concert ticket extortion is why we won’t go to those shows. There are so many more things that money can be spent on.
This is why it’s the first and quite possibly only one we’ll see in a theater this year. Then again, concert ticket extortion is why we won’t go to those shows. There are so many more things that money can be spent on.
I'm thinking the streaming today was the same as TV was in the 50's for the movie theaters.
People are staying at home because it's cheaper to stream. The theaters are too loud and I'm tired of dealing with jerks on their phones, talking or putting their feet up on the chairs.
I don't plan to go back to the movie theaters for quite a while if ever.
People are staying at home because it's cheaper to stream. The theaters are too loud and I'm tired of dealing with jerks on their phones, talking or putting their feet up on the chairs.
I don't plan to go back to the movie theaters for quite a while if ever.
The horrible behaviour is distressing because it disturbs the enjoyment of the movie and, if you try to ask for respect, more often than not you are told to "F--- off" and that destroys the whole "movie night" experience.
We quit going often even before the pandemic due to too many movies that tried to push Hollywood's particular variety of social consciousness and behaviour, making many movies less than fully entertaining. It is now about 4 years since we have gone to a theater... yet when I was in my 20's in Ecuador, we went 3 or 4 times a week at least.
I‘ve gotten so used to streaming the past few years that I don’t miss the theater. Plus some movies that are streaming only aren’t that bad.
Off by an order of magnitude, Mike. 11.75 x 8,500,000 = 99,875,000. Ticket price needs to be $117.50 or number of tix sold 85 million to reach $1B.
I was wondering the same thing - minutes after my first look at the movie finished. It seemed not much more than a rip-off of the combat photographer's shorts of the 2nd World War. Ex: spaceships replicating aircraft carriers, lasers replicating pom-pom guns, Xwing fighters having the flight characteristics of P-51's etc. Toss in a couple of cartoon characters and an old-fashioned princess-in-trouble and there you have it.
Had it been filmed in B&W it could have passed for a 1930's serial.
To me, the only movies worth going to a theater to see are specific 3D ones (Avatar, for example), or the Pixar-type animated ones (like the current Elemental, or Toy Story, Minions, etc.), where the big screen makes the artistry easier to appreciate. Or art house screenings of classics like Casablanca or Gone With The Wind. The action movies, nah, I can wait till they hit a streamer, or even a DVD that's available from the local library.
I might be mistaken (like that ever happens, lol!), but the term Box Office refers specifically to tickets sold for theatrical release, whereas Gross includes license income from streaming, premium cable, OTA TV, ancillary income like I.P. licensing (e.g., toys), soundtrack sales, etc. Bottom line verses top line. The link you provided is worldwide gross, so apples-verses-apple pie.
I agree. Ownership groups are backfilling sinking ad revenue by demanding ever increasing ransom payments from cable and sat providers for carriage (*cough* Nexstar *cough*).
The irony is the ever increasing cable & sat bills are fueling cord cutting. So, to keep retrans revenue even, the fee per subscriber has to keep increasing. It's a vicious cycle.
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