Analyst: 'Black Widow's' streaming success spells 'big trouble' for theater chains

Yahoo Finance2021-07-14

"Black Widow" secured the highest pandemic-era opening to date, raking in $80 million at the domestic box office this past weekend, although still shy of expectations. The Scarlett Johansson-led film ...

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Comments

yapyap168
2021-07-14
yapyap168
Lol rubbish article
Greenbull18
2021-07-14
Greenbull18
[Miser]
Jfamily
2021-07-14
Jfamily
Sending shows direct to masses ?? Now tvs are getting biggerand better. Home viewing experience can easily rival cinema. Not to mention for families with more than 2 kids, stream a movie versus buying tix for whole family, the maths is easy.
- 慢的老人:
  Black Widow the movie was not as good as I hoped.
- 慢的老人:
  Well said.
AnT
2021-07-14
AnT
Disney+ is here to stay
WMIING
2021-07-14
WMIING
Like and comment pls thy
Adamgoh
2021-07-14
Adamgoh
AMC gogogo

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It's a good business [and] movie theaters will be around for a very long time,\" Greenfield said.\n\"But the leverage in the relationship is shifting towards the movie studio, and they're realizing that they can generate a lot of money directly to consumer,\" he continued.\nStudios that release films directly to platforms — Disney to Disney+, Warner Bros. to HBO Max — keep a significant portion of the revenues (about 80%) whereas a theatrical release is often split with theater chains, Greenfield explained.\n\"This is a pretty profound moment, [and] a big signal that direct-to-home movies that you know don't have to be seen in theaters are here to stay,\" he predicted.\n'Theater chains in deep trouble'\nTheater chains are in 'deep trouble,' analyst Rich Greenfield saysTom Cooper via Getty Images\nWhile \"Black Widow's\" box office success is still a positive outcome for cinema chains like AMC (AMC), IMAX (IMAX) and Cinemark (CNK), many analysts believe that the streaming threat is a significant hurdle.\n\"The theater chains are in deep trouble. 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said."}],"langContent":"EN"},{"id":145712907,"gmtCreate":1626245356009,"gmtModify":1703756246542,"author":{"id":"3578200234343382","authorId":"3578200234343382","name":"AnT","avatar":"https://static.tigerbbs.com/a777c54118c03953e7be94b2700b9768","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3578200234343382","idStr":"3578200234343382"},"htmlText":"Disney+ is here to stay","listText":"Disney+ is here to stay","text":"Disney+ is here to stay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145712907","repostId":2151810564,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145735322,"gmtCreate":1626244572066,"gmtModify":1703756233384,"author":{"id":"3554213821224025","authorId":"3554213821224025","name":"WMIING","avatar":"https://static.tigerbbs.com/39217f40d9dc4a9a15fac00f34f63d83","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3554213821224025","idStr":"3554213821224025"},"htmlText":"Like and comment pls thy","listText":"Like and comment pls thy","text":"Like and comment pls thy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145735322","repostId":2151810564,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145738406,"gmtCreate":1626244439005,"gmtModify":1703756229752,"author":{"id":"3566806630838563","authorId":"3566806630838563","name":"Adamgoh","avatar":"https://static.tigerbbs.com/5b4352e05ebe22fef6dbde7d39a46e3a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566806630838563","idStr":"3566806630838563"},"htmlText":"AMC gogogo","listText":"AMC gogogo","text":"AMC 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