AMC, Disney, and Netflix: Who Owns Hollywood Next? Theater Chains Face Collapse.
Traditional movie theater chains like AMC and Regal are openly struggling, facing visible financial crises. Major conglomerates—Disney, Comcast, Paramount, Sony, Amazon, and Netflix—are positioned to absorb or bypass these struggling exhibition models.
The discussion cleaved over box office metrics. A major fight erupts over inflation adjustments; 'RoidingOldMan' aggressively asserts that global box office rankings are 'Definitely not inflation corrected.' Other users, like 'acosmichippo,' acknowledge the raw numbers while dismissing historical comparisons as flawed. Arguments about who peaked are rampant, with 'plyth' pointing specifically at the Russo brothers' reported $14B haul, while others recall Spielberg's peak achievements.
The consensus screams financial instability for physical theaters. The fault line is methodological: one side demands inflation correction for box office data, while the other fears outright corporate acquisition as massive studios move to own the distribution pipeline entirely.
Key Points
Theater chains face imminent financial failure.
Multiple users noted bankruptcy filings for AMC, Regal, and Cinemaworld, indicating acute financial distress.
Mega-studios plan to corner the exhibition market.
Multiple users cited Disney, Comcast, Paramount, Sony, Amazon, and Netflix's capacity to buy out struggling theaters.
Box office records lack inflation correction.
'RoidingOldMan' stated the rankings are not inflation corrected, making comparisons meaningless.
External factors affect film attendance.
Suggestions ranged from lingering COVID impacts to simple viewer fatigue with superhero films ('hitmyspot').
Political maneuvering could dictate consolidation.
'ohulancutash' linked theater consolidation to 'Trump repealing the Paramount Decree' and Netflix's known interests.
The Russo brothers' box office performance is notable.
'plyth' cited their nearly $14B gross from eleven films as a major data point.
Source Discussions (3)
This report was synthesized from the following Lemmy discussions, ranked by community score.