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Netflix CEO: Movie Theaters Are 'Strangling the Movie Business'' (businessinsider.com)

Netflix CEO Reed Hastings thinks the state of film is a "real tragedy" and that movie theaters are "strangling the movie business," he said at The New Yorker's Tech Fest on Friday. From a Business Insider report:On Friday, Hastings came down hard on these theater owners, saying there had been no innovation in the movie theater business in recent years, even as TV has been shaped by the rise of cable and internet networks. "Money" and "innovation" has flooded to the TV industry, Hastings said. Not so with film. The movie theater business has seen flatline revenue, Hastings said. Part of the problem is that small movies, such as many Netflix has snagged from places like Sundance, would be better distributed both at home and in theaters. That's a convenient position for Netflix to take, but Hastings said the movie studios feel the same way. Each movie studio would like to "break the oligopoly" of the theaters, but "they don't know how," he continued. If they collude to face the theaters, it's anti-trust, but if they are the ones to take the first step, their films will get killed. That means they just go along with the status quo.

17 of 342 comments (clear)

  1. Movie theaters by Anonymous Coward · · Score: 4, Insightful

    It's all a bunch of teenagers kicking the back of your seat and smacking gum and talking on phones. I'll pass.

    1. Re:Movie theaters by OzPeter · · Score: 4, Insightful

      There are 18+ movie theaters. They're basically all that's worth going to anymore.

      I'll second that. The food and drink they serve may be over priced (but you don't have to eat or drink), but the larger seats and leg room and lack of annoying kids is a huge draw card.

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      I am Slashdot. Are you Slashdot as well?
    2. Re:Movie theaters by Opportunist · · Score: 3, Insightful

      Hmm... and I can have all that an non-overpriced food at home, along with no parking fee and the movie actually pausing whenever I want to take a piss (at a toilet that's not smelling like a sewer and where I don't have to wait for 10 minutes for my turn)... so what exactly is the benefit?

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      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    3. Re:Movie theaters by Opportunist · · Score: 5, Insightful

      Movie theaters had their reason to exist when they offered an added value over what you could have at home. That ceased to exist. Big screen? Have it. Dolby 7.1? Have it. 3D? Glad I don't have it. What else is there?

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    4. Re:Movie theaters by Opportunist · · Score: 3, Insightful

      This is pretty much the topic of this whole thread.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    5. Re:Movie theaters by harperska · · Score: 5, Insightful

      Not all shootings are equal. The probability of being killed in a terroristic mass shooting in particular is very low, despite the media's obsession with covering that particular type of shooting.

    6. Re:Movie theaters by Anonymous Coward · · Score: 3, Insightful

      why? your fear is illogical. criminals will bring guns whether there is a sign or not. at least the guns welcome would give any wrong doer pause, and they might consider other people shooting back at them too great a risk.

      stop being scared and dependent on signs to keep you safe.

    7. Re:Movie theaters by ArtemaOne · · Score: 3, Insightful

      That's ridiculous. Every time I go to the movie I have a revolver on me. If that one in a billion chance comes around that someone has intent to shoot up the place, you would be happy that a few people in the audience are carrying.

    8. Re:Movie theaters by ai4px · · Score: 3, Insightful

      In Savannah GA 16 years ago there was a "dinner and movie" type theater. Casual seating. They served beer and light food like nachos, burgers and wings. The wait staff would walk around in the dim room keeping your beer full. Great concept! I first saw the Matix there. I wish more theaters would do this.
        You know what gets old? sitting thru 20 minutes of previews and /commercials/. Really. I paid my $12 for the movie already, do I have to watch commercials as well???? And thye wonder why people just aren't going to the movies any longer?

    9. Re:Movie theaters by UnknownSoldier · · Score: 3, Insightful

      > Who cares about "legal" options?

      Uh, those with morals and who have respect for others.

      But go ahead and keep pretending it is your property.

    10. Re:Movie theaters by dryeo · · Score: 3, Insightful

      That's so true. When slavery is legal, it would be immoral to help slaves escape. When the law insists on segregation, it would be immoral for a black person to sit at the front of the bus. When the law says Roma must report to the gas chambers, it would be immoral to not report or to help someone not report.
      So many immoral people.

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      https://en.wikipedia.org/wiki/Inverted_totalitarianism
  2. ...what about the drafthouse?.. by Anonymous Coward · · Score: 2, Insightful

    ...it's the only place i'll watch films anymore; they innovate and do a wonderful job of it...

  3. Might as well break the ice by chispito · · Score: 5, Insightful

    This being Slashdot, many of you don't want to go to theaters and see films. You want to view them at home, from your HTPC where you won't be bothered by other people, people you consider dumb, rude, loud, too young, always on their phones and generally needing to get off your lawn.

    I remember this last time movie theaters came up. I was in the minority because I do consider going to the movies to be a social experience, especially when when seeing a suspenseful or funny movie.

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    The Daddy casts sleep on the Baby. The Baby resists!
  4. A biased opinion by foxalopex · · Score: 5, Insightful

    My understanding from how movie theatres work is that they barely make any money at all from the showing of movies. It is the production studios that take the greatest amount of profits from the movies shown at the theatre. Where theatre's make money is primarily from the extremely unhealthy food folks buy at the theatre. It's why we hear so much about movies from producers that flop because that represents a huge loss. Theatres are not so worried so long as folks still go to the theatre to see movies.

    Gas stations use a similar model where most of their actual profits are from non-gas sales. They behave very much like a corner store. The gas that's sold isn't very profitable otherwise.

  5. Re:even worse by Tx · · Score: 4, Insightful

    There are no intermissions or breaks on 3 hour long movies.

    Slightly side-issue, but a lot of movies are way too long anyway. Sure, there's the odd Schindler's List or whatever that actually has three hours of story to tell. But Batman v Superman? F**k off with that. These shitty movie directors need to get their egos under control and realise that that kind of movie needs to be 90-100 minutes tops. More isn't necessarily better when you're telling a story that isn't actually very complicated or fundamentally interesting.

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  6. The importance of the release date by Weaselmancer · · Score: 4, Insightful

    Well if you really want to see a movie on its release date there are not many legal options.

    First off, you're exactly right. If you want to see something the minute it's released, that's the only way to go.

    So I'd like to offer another thought. What's so great about that?

    Seriously. What's so great about having something the minute it's available? We put a lot of importance on that for some reason. The 2017 Chevys are out early, the latest Star Wars film was just released, Apple just made a phone that is 2% faster than their last one.

    Why do we care?

    Perhaps that's the thing we should be examining. The theater isn't a barrier to seeing a movie, they're a barrier to seeing a just released movie. That movie you want to see will be the exact same movie a week or a month or a year from now. And you have plenty of legal avenues (and far cheaper ones, and far more pleasant ones) than going to a theater.

    Maybe the real problem is instant gratification, and our dependence on it.

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    Weaselmancer
    rediculous.
  7. Re:Disagree by Anonymous Coward · · Score: 3, Insightful

    A bunch of that problem your seeing hasn't got anything to do with the U.S. Hollywood studios are making movies that will play in Asia, especially China, to people who may not speak English, so complex plots and dialog don't work very well. CGI works equally good or bad in all countries.

    The problem is the Asia movie market has passed the U.S. and Europe in size so U.S. studios are pandering to it to make money