As I've talked about at length, there are many opportunities for business models to change in the wake of the pandemic. Some out of necessity, others out of opportunity.
Here's one that is out of necessity. But with a hint of opportunity. Coronavirus shuttered movies theaters. There's no telling when they will re-open, how many people will want to go and see a movie, and the larger question of what will get distributed to the theater.
The movie business has long struggled to stay relevant and profitable. Against the backdrop of home theaters, direct-to-streaming, and other issues, the only truly profitable showings are for the "blockbuster new releases"....and now some of the studios are releasing some of these movies to streaming platforms to stay on top of that market.
And that leads us to the story about AMC theaters. This article popped up today. They don't know how long they can hang on.
But, as you may have guessed, there's more to the story. In May, they were in talks with Amazon to be acquired.
Distribution gets easier. You have a larger array of on-demand movies that can air on the big screen. Operas. Plays. Heck even sports could be shown on the screens.
The evolution could be quite the thing. Instead of these three movies playing at these 4 times, it could be an array of movies playing at *any* time.
This is the next step in the evolution of the theater experience.
https://www.fool.com/investing/2020/05/14/reasons-amazon-might-want-acquire-amc.aspx
Short. Sweet. To the point. That's the beauty Dave's iPhone.
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