commenter-thread

I mean even in math terms it's knee slappingly idiotic.

I don't know, I have doubts. This is the whole legacy media system writ large. The distribution pipe this is all going through is rotting through- not rotted through yet but not being renewed. It's all running on theaters that were established on economic theories that no longer apply. I suspect/fear the whole thing is just going to vanish in time. At least in journalism the new things (social media mostly) still depends on the legacy zombie journalism media for stuff to steal so some degree of money pumping into Reuters and actual news gathering has to somehow occur. I am not sure the streaming model needs theaters at all. Movie making will just shift to making movies for streamers on TV rather than theaters.

I agree- I think the movie theater model is deep into the death spiral now. The masses aren't turning up which is jacking up the ticket prices which is making going to the theater even less appealing. Theaters were descending pre-covid but Covid just accelerated the process a lot.

 

 

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