Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-09-20 16:00:54| Engadget

The biggest theater chains in the US and Canada are giving their cinemas a major upgrade in hopes of enticing more people to watch movies outside of their homes. According to Variety, they're planning to spend $2.2 billion to modernize 21,000 screens over the next three years even adding activities audiences can do, like pickleball and ziplining. Michael O'Leary, the president and CEO of the National Association of Theatre Owners (NATO), told the publication that the industry feels it has "turned a corner" and that "audiences are coming back to the theaters." However, they have to do more to make the shared cinematic experience more enjoyable.  People have become used to waiting for films to come out on streaming over the past years, after all, and they're not going out for movies they don't feel compelled to see as soon as they come out. The total US domestic revenue for this year's summer box office, for instance, is over 10 percent lower than last year's. Variety says AMC, Regal Cinemas, Cinemark, Cineplex, Marcus Theatres, B&B Theatres, Harkins Theatres and Santikos Entertainment have all told NATO that they're investing money to better their facilities.  The companies are expected to spend their budgets on upgrading their laser projectors and their sound systems, as well as on installing more comfortable seating, better AC, lighting and carpeting. And, yes, they're adding new attractions like pickleball courts, arcades, ziplines and bowling alleys, which could change what it means to go to the movies. The image above is a pickleball court at a B&B Theatre cinema. "This investment of resources is the next step in our industrys ongoing commitment to ensuring that going to the theater remains a unique and special experience for generations to come," O'Leary said. Whether the strategy works or not remains to be seen, but that these companies are willing to spend a collective amount of $2.2 billion in upgrades signifies that they're at least in a better place than they were in at the height of the pandemic. This article originally appeared on Engadget at https://www.engadget.com/entertainment/tv-movies/theater-chains-will-spend-22-billlion-to-lure-you-back-to-the-movies-140054935.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

24.02Amazon Games is winding down King of Meat
24.02The US military will reportedly use Elon Musk's Grok AI in its classified systems
24.02Apple will start making Mac minis in the US
24.02Tesla sues California DMV after it banned the term 'Autopilot'
23.02Anthropic accuses three Chinese AI labs of abusing Claude to improve their own models
23.02Summer Game Fest runs from June 5-8
23.02Bungie says 'no second chances' if you're caught cheating in Marathon
23.02Nothing reveals the Phone 4a ahead of schedule
Marketing and Advertising »

All news

24.02Amazon Games is winding down King of Meat
24.02Glencoe 6-bedroom home with Flagstone patio, parquet wood flooring: $2.4M
24.02The US military will reportedly use Elon Musk's Grok AI in its classified systems
24.02Restaurant review: Forty Acres Fresh Market honors a family matriarch with Mabels Meals in Chicago
24.02Cant find an apartment in San Francisco? Go ahead and blame AI
24.02Apple will start making Mac minis in the US
24.02The U.S. Army cant escape the internets surveillance machine
24.02These interview questions can tell you whether someone is the right fit
More »
Privacy policy . Copyright . Contact form .