|
Movies
Movie theatres are bleeding money. Attendance is down. People have their own home systems and you can pause whenever for food & bathroom breaks. To make up for this they have to get the movie patron to spend more.
I worked for AMC/Loews, their goal was to eliminate all theatres that had less than a dozen screens. Add a full service bar and offer the movie patron food & drinks or bump up to the recliners.
They took this seriously. They had 50 different recliners to try out. They also converted a theatre near the home office, that you could just eat without seeing the movie. Business was so good, you almost couldn't get a place to eat.
Recliners are the way to go, but I dropped well over $50 and I had a free pass.
Most small towns will no longer have a theatre and drive-ins are going. The cost to go digital is too much.
I worked in the tax department and we were always coming up with some tax break and asking for a refund. One day, we received a check from the State of New York, for a filing I did for unclaimed property funds. On that day, I was more profitable than any one of the 400+ theatres.
|