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Movie theaters have faced the existential threat of streaming services for more than a decade now. When services like Netflix or Hulu started booming, it opened a debate about movie theaters' future.
Still, box office remained the most lucrative way of distributing movies, particularly blockbusters. But then 2020 changed everything, leaving movie theaters pretty much useless amid a global pandemic where people can't gather in public places

The studio recently shocked the movie industry when they announced that their 2021 movies would be released simultaneously in theaters and on HBO Max, their streaming service. It may sound simple, but it's a game-changer for the industry and a sign of the times.

A decision like this could be the final blow to that centennial rite of watching movies in a dark room with a giant screen, blasting sound, and a hundred other people. Let's talk about how the movie industry is changing for good.

#startups #Slidebean #movietheaters

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0:00 Intro
1:22 Sign of the times
4:48 Rethinking Hollywood
7:26 Box office vs. MRR

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