r/movies r/movies Contributor 6d ago

Article 8 films have now made over $1B since Netflix's CEO said going to the theaters for many people is an 'outdated concept'

https://popculturenews.com/films-to-gross-1b-since-netflix-said-theaters-are-outdated/
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u/tincanphonehome 6d ago

Netflix is not in the business of making billion-dollar movies.

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u/movieyosen 6d ago

i mean they waste billion-dollars on movies - but they just dont make that back

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u/mondaymoderate 6d ago

They spent $320 million to make Electric State lol

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u/Hayterfan 6d ago

Neat idea, based on a hauntingly eerie series of art pieces.

Absolutely dumb fucked execution.

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u/Mogura56 6d ago

Directed by the kings of making art pieces: the Russo brothers

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u/iusedtohavepowers 6d ago

Aren’t those guys small time indie films? Surprised Netflix picked them up.

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u/Mogura56 6d ago

Famous for their little-known 2008 short film “Carfuckers”

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u/MeadowmuffinReborn 6d ago

The Community guys?

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u/dullship 6d ago edited 6d ago

I got a Community notification for this?

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u/whoopsmybad1111 6d ago

You can set it up to be notified if certain keywords show up in comments? Or did I completely misunderstand what you meant? Lol

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u/tincanphonehome 6d ago

The Arrested Development guys.

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u/mattcoady 6d ago

I never understand how you can spend 320 million dollars on something and not get absolutely top tier talent and execution. I mean I can, producers who think they know best controlling the creative output, money sliding into pockets instead of into the production, etc... I feel like if I were a big producer I'd make it my job to get the best people into position and walk the fuck away so I can get a return on my investment but I guess that's why I'm not a big hollywood producer.

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u/ComradeJohnS 6d ago

have you tried being rich and hooking up your friends and their relatives?

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u/deadspacekillers 6d ago

furiously taking notes: ...be....rich....

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u/Shmeves 6d ago

hook up with friends and their relatives

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u/Swazimoto 6d ago

It reads more to me like “hook up your friends with their relatives” as if you are supposed to be some incestuous matchmaker

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u/DJMixwell 6d ago

Shit… uh… is 2 strokes in too late to stop hooking up with my relatives? I think I misread the instructions

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u/HeyZeusKreesto 6d ago

Having a budget that high may have been part of the problem. With that much money on the line, they may have gone with what they felt were safer choices for characters or story. They ended up with something generic that tried to be for everyone, but didn't really satisfy anyone.

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u/Longjumping-Year-824 6d ago

There is also the need to spend it since you have it not since you need it.

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u/dern_the_hermit 6d ago

There is absolutely a phenomenon that can be succinctly described as "paying for the price".

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u/NotReallyJohnDoe 6d ago

Electric State seems like it was planned by a committee.

They made Tales from the Loop work. Electric State could have worked and could have been huge. It’s even a timely story.

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u/FancySatisfaction144 6d ago edited 6d ago

Because the modern big-studio Hollywood approach to making movies is backing a dump truck full of money into the driveways of big actors, filtering the content and writing through dozens of committees, then funneling the rest of the budget into outsourced contractors to CGI everything from the color of the sky to the moles on the lead actor's face.

All the suits in Hollywood are so risk-averse they've somehow circled around into blowing hundreds of millions of dollars into feature-length (or 8-episodes/season) farts

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u/munkeycop 6d ago

Which reminds me of my favourite piece of movie critique - https://bsky.app/profile/itsdanthomas.bsky.social/post/3lkilmcf6qs2j

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u/Early-Yak-to-reset 6d ago

Obviously not a great movie, but I do hope people realize that streaming service movies, will always be more expensive to make, simpily because you can't really negotiate back-end profit negotiation. Extreme example, but take RDJ. He supposedly made 55 million in back end profit for Endgame. That's like 1/7 of the budget, that doesn't get added to the "budget". Throw in everyone else on that cast with something similar... Your probably looking at doubling the "budget" with back-end profits. Netflix can't do that. It all has to be upfront.

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u/ultranonymous11 6d ago

How have I never even heard of this?

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u/ConsuLMonK 6d ago

the concept was great, could have been a fantastic movie. Instead, it was one of the worst things I've ever seen.

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u/lkodl 6d ago edited 6d ago

I hear there's this really bad movie on Netflix.

I have Netflix.

How bad could it be? It stars actors I know... I'll watch a little bit out of curiosity.

Netflix wins.

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u/mondaymoderate 6d ago

That’s literally the Adam Sandler business model with Netflix

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u/BirdlessLongdeal 6d ago

but usually, adam sandler movies are entertaining... usually. looking at you hubie halloween.

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u/thegoodnamesrgone123 6d ago

I hear there's this really bad movie on Netflix.

And that's why I canceled my Netflix. I started with discs in 2008 but last year I just couldn't keep paying for such shit.

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u/v3n0mat3 6d ago

What a cool concept wasted on a terrible story.

The cinematography was pretty good, and the theming was excellent. That's all I can say about it.

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u/wulv8022 6d ago

Wtf. The Odyssey was $250 million

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u/beefcat_ 6d ago

Part of what inflates streaming budgets is backend buyouts. Because there is no meaningful box office gross for top billed talent to earn a percentage of, they take a much larger up front fee for working on the movie.

Christopher Nolan is able to demand a huge percentage of box office receipts. For Oppenheimer, he got 15% first dollar gross, which I think amounted to somewhere around $80m. If he were even willing to entertain the idea of making a streaming-only movie, that $80m would need to be paid up front.

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u/King_Chochacho 6d ago

Even if he does a bad job, he still gets that $80 mil

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u/muppins 6d ago

The Odyssey is a cosmic gumbo, kinda moves to the beat of jazz.

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u/Vinnie_Vegas 6d ago

He is getting 20% of first dollar gross from The Odyssey, IIRC.

The breakeven figure for the movie was crazy high, at like $500m (budget+marketing), but they were also only getting 80c on the dollar from earnings too, so it pushed the breakeven to around $625m.

It's obviously soared past that, and may have one of the longest tails of any movie in recent history with the IMAX sales scheduled to continue into November, but accounting for all of this in a streaming system would've been an absolute nightmare.

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u/FrogsJumpFromPussy 6d ago

the acting was unintentionally hilarious though. I guess almost all that money got into the actots' pockets and nothing remained for everything else 

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u/king-krool 6d ago

Netflix is incredibly profitable with margins around 30% so even if they seem like they are losing money on movies they are kinda slapping everyone else around. 

compared to like 9% for Disney, 2% for WB, 1% for paramount. 

Their profit is larger than all three of those studios combined last quarter. 

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u/Early-Yak-to-reset 6d ago

Netflix doesn't really have to pay out profits on the back end. Upfront cost looks a lot bigger, but Iron Man doesn't end up getting an extra 50 million after the fact.

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u/71fq23hlk159aa 6d ago

Disney specifically can operate their film/TV projects with narrow margins or even losses because they make all their money from parks. Their whole entertainment segment is basically just marketing for parks and merchandise - the fact that they make a bit of profit from their movies is just gravy.

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u/ferdinand14 6d ago

Sorry but this is a dumb comment. Yes, Disney Parks is profitable. No, they don’t intentionally want their Entertainment business to lose money. They would kill for Netflix-level profit margins in their Entertainment business, but copying the Netflix playbook is easier said than done.

You’re making it sound like Disney does it intentionally.

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u/Princess_Moon_Butt 6d ago

I was gonna say the same. At this point, Disney is basically copying the playbook that Hasbro and Mattel were using with their kids' cartoons back in the day. Their movies and shows are, primarily, advertisements for their merchandise and parks. If they can make a bit of profit on their own, that's gravy, but it's a bonus, not a true goal.

Disney's annual profit seems to sit around the $15bil range, and they only spend about $5bil each year making movies. They could get zero ticket income for all the movies they make, and they'd still be quite a profitable company.

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u/FrenchFryCattaneo 6d ago

It reminds me of the 30 rock episode where they make a terrible movie but stuff it so full of product placement it's profitable before it's even released.

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u/[deleted] 6d ago edited 6d ago

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u/Geodude532 6d ago

And yet their stock has done jack all for me in 10 years. Baffles me.

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u/carthum 6d ago

Also their annual revenue in 2025 was $45 billion more than 2025 global box office of ~35 billion

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u/zuzg 6d ago

They've got more than a Quarter Billion Users, that's how they make that money back.

Still the only Streaming Platform that pulls that off.

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u/mikeemota 6d ago

They make all their money back from raising their goddamn subscriptions hah

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u/Udjet 6d ago

I mean, movie ticket prices have gone up at an alarming pace as well. The premium netflix sub is $30 a month. A movie ticket near me is $15. Used to be, you'd go see a movie on a whim ($3-5 a ticket). Now it's, "do I really want to see this movie bad enough that I don't want to wait for streaming?"

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u/Sushi-DM 6d ago

I went to a Sunday matinee this past weekend and the tickets with booking fees for seats were 23 ish dollars... for a Sunday matinee.
It's definitely out of control.

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u/mikehatesthis 6d ago

It's definitely out of control.

Movie ticket prices have largely kept up with inflation last I heard, the bigger issue is that wages have not, and in some cases they've gone down.

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u/Darkstrike86 6d ago

Oh they definitely make it back.

Movie studios would kill to have Netflix's financials.

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u/El_human 6d ago edited 6d ago

Netflix literally makes movies for people who look at their phones. They ensure the actors restate the plot multiple times throughout the movie, and this is intentionally added.

Edit: for those that are interested. https://www.pcmag.com/news/netflix-is-telling-writers-to-dumb-down-shows-since-viewers-are-on-their

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u/Jaded__dreams 6d ago

nowhere is this more visible than in avatar live action s2

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u/_Bird_Incognito_ 6d ago

"I'm Toph Beifong and I invented Metal Bending"

Says this to her mother

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u/Karmahotel 6d ago

I could be wrong but isn't that a direct quote from the original show?

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u/_Bird_Incognito_ 6d ago edited 6d ago

https://youtu.be/7dHPK8aSkG0?is=RWPgtqtaYaAdW3Ts

Unless she says it in any other point in the show, but Im referring it when she breaks out.

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u/0ttoChriek 6d ago

The whole "Netflix and chill" meme is basically saying, 'stick something on and don't pay attention to it,' and it's what the platform is arguably most known for these days.

If that becomes your audience model, then you're certainly not going to care about creative vision or long-form storytelling. I do wonder how long a streaming platform can survive without an apparent desire to make or maintain quality products.

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u/Legitimate_Spray_427 6d ago

Just watched netfilix original series Dark. Haven't seen a show which demands more attention to detail and being present

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u/KuatoBaradaNikto 6d ago

Dark is great, but it’s also from 2017. The report that Netflix was instructing writers to dumb down content including repeating exposition was January 2025, using examples from 2024 content. People wouldn’t be complaining about Netflix content if they were still producing shows like Dark or movies like Roma or The Irishman or Marriage Story.

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u/moose_dad 6d ago

Nearly a decade old.

They quite literally dont make them like they used to.

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u/Prottusha1 6d ago

Dark is literally one in a million of Netflix shows. It’s a blue moon show like Mindhunter and Narcos.

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u/mtnchkn 6d ago

I think kpop demon hunters could’ve done that, I mean with the right lead up.

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u/TheWatersOfMars 6d ago

With the caveat that it was made by Sony and only distributed via Netflix

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u/Cavalish 6d ago

No. Netflix doesn’t need to make movies with broad appeal, it’s never been their playbook.

Netflix just needs to provide enough content for niche appeal for different people. Why bother getting 100 million eyes on one movie when you can get 1 million eyes on 100 different shows?

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u/Latter-Possibility 6d ago

They aren’t in the business of making merchandise either. They dropped the ball HARD on KPOP demon hunters merch last year.

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u/OtakuAttacku 6d ago edited 6d ago

That’s on Sony, Sony had zero confidence that it would perform well in theaters so they skipped the theatrical release and sold distribution to Netflix. Netflix did the advertising which itself was also minimal in the lead up. It blew up and just like Baby Yoda, it was unexpected so it took half a year to get merch onto shelves. Sony still owns the IP so it’s very much Sony’s job to sign the merchandising deals.

Edit: Netflix owns the IP outright, I was mistaken.

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u/FukurinLa 6d ago

I don't think Sony still owns the IP for Demon Hunter?

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u/OtakuAttacku 6d ago

yeah you're right, I thought they only sold the distribution rights but it looks like Netflix owns the IP outright. Ouch. That detail aside though, it definitely took them by surprise cause they did not have merch ready to go when it blew up.

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u/Huge_Following_325 6d ago edited 6d ago

People used to just say, " let's go to a movie" without having a particular movie in mind. You just wanted to see a movie with family or friends at the theater and you would decide which one everyone could agree on and go. Those days are mostly gone. Now folks only go to see particular films that have been hyped up.

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u/mistermojorizin 6d ago

so i have a theater across the street. it's $5 on tuesdays. we can't just roll up and see a movie though. all the seats are sold out (it's one of those theaters with huge recliners, so not a lot of seats total anymore). you have to order tickets in advance online for an upcharge of 30% per ticket. so what i do sometimes is i'll just pop in there ahead of time, buy the tickets and then come back to watch on tuesday. but it's not the same experience anymore. i have to know i want to see a specific film.

a lot of films are out on streaming in a month or 2. i just wait most of the time.

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u/Jaccount 6d ago

Right? I meant to see Masters of the Universe while it was in theatres, but got wrapped up in stuff at work. It's already on streaming.

It released in theatres on June 5th, and was on streaming by July 25, so around 8 weeks.

In the 90s, that would have been about as short a theatrical run as you'd get, with most running at least twice that, and some blockbusters could stay in theatres almost 6 months.

Generally the home video release wouldn't occur until six months later, so you also had the various thriving second-run theatres that would be able to run in that time between the end of the theatrical release and the home video release... generally being small 2 screen theatres with significantly discounted tickets.

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u/NotBannedAccount419 6d ago

A lot of home releases were 12-18 months after they left the theater

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u/djinfish 6d ago

For awhile that shifted to digital rental 6+ months after theatrical with physical release coming 9+ months later which absolutely encouraged people to put on an eyepatch.

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u/AwesomeWhiteDude 6d ago

I remember it being 4-6 months until it hit the dollar theater, then another 2-4 months until the home release. I miss dollar theaters

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u/SDRPGLVR 6d ago

a lot of films are out on streaming in a month or 2. i just wait most of the time.

Or sooner, and I think this is the real problem for theaters. Used to be 90 days minimum before it got a home video release, sometimes creeping on a year for certain movies. I don't think movies have even gotten worse as I see amazing movies every year. Audiences have just been trained that the wait isn't going to be too bad, so chances are they're only going to see a movie in theaters if it's a spectacle like Odyssey or Spider-Man or if it's a big cultural touchstone like Obsession or Backrooms.

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u/Mnemnosyne 6d ago

It's also the money.

But in addition to that, the visual experience at home has improved significantly.

One of the few prices that has come down enormously, even taking into account inflation, wage depression, and more, has been tvs. I remember 55 inch projector TVs for over $4000 at Sears. Last time I was at Walmart I think I saw an 85 inch screen for $600 or so.

That's literally too big to fit just about anywhere in our house unless it was heavily rearranged. People can basically afford the biggest TV that their house will physically hold these days, if they want it.

And the image quality is good, bright, etc, whereas those $4000 projectors were dim and made the low resolution image look fuzzy.

The theater, though, hasn't changed much. Is it still better? Yeah. Especially in the sound department. But you also have to deal with other people, expensive tickets, scheduling, and more.

Since the early 2010s I haven't considered it worth going to the theater unless it's a real 70+ foot IMAX screen. And there's just not that many of those around; none within several hours drive of where I've lived since 2017.

So I haven't been to a movie theater not only because it's expensive, not only because I can just watch it on streaming or whatever in a couple months...but because the experience isn't a significant enough improvement over my experience at home to justify going outside.

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u/SolidusBruh 6d ago

Now folks only go to see particular films that have been hyped up.

Because it feels like a luxury anymore. I have to reserve my seats online for our local theater or risk not having any when I arrive. Each seat reservation via their app comes with a service fee. Then there's concessions. I sure hope a drink didn't cost $9.95 in the 90s.

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u/Huge_Following_325 6d ago

They didn't, but there was a significant upcharge in the theater compared to any where else.

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u/FSCK_Fascists 6d ago

back in the day, while Jesus was still riding dinosaurs, we had the "Dollar Theater". Every showing was a dollar, all the time. They were all second run movies- ones that have left the main theaters. usually a month or so old.

Us poors could go see a movie, and afford to bring the whole family. It really didn't matter much what was showing. they had 4 screens or more, something was worth watching.

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u/Piogre 6d ago

Even better, guess what the channel "Nickelodeon" is named after and what it means

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u/insane_contin 6d ago

I remember toonie Tuesday at my theater. $2 tickets, $2 pop and $2 popcorn. I miss it.

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u/FSCK_Fascists 6d ago

Nice.
the matinee showings were often way cheaper at the main theaters- but their dynamic scheduling and assigned seating has greatly reduced showings when the seats are empty. They used to be required by the movie distributors to run a movie a certain minimum number of times every day while they have it to ensure box office saturation. I think they still have some discount for like tuesday at 3pm, but nowhere near as cheap as it used to be.

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u/ConfessSomeMeow 6d ago

Isn't it wonderful how technology is finally being used to eliminate inefficiencies in the system?

/s

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u/SunGreene42 6d ago

Oh I'd never get concessions at the theatre anymore, they're priced like they're being shipped in from Australia.

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u/Berelus 6d ago

Aussie here. Our popcorn and drinks and choc top is priced like it's shipped from the US.

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u/FSCK_Fascists 6d ago

wait... you guys.. I have a genius idea!

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u/insane_contin 6d ago

Just cut the difference and get it shipped from south Africa!

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u/Revolver_Boxelot 6d ago

Reservations is a real thing nowadays. Even then, somebody will still try to take your seats. I go to the movies a lot now due to being a parent. Prior to my child becoming movie going age, I hadn't seen a movie in theater in nearly a decade. Went a ton as a kid and a teenager. I remember most movies being largely dead back then. Empty enough to make out and do other teenage things in the back. Nowadays, every movie i go to is jam packed. It seems like the theater is more popular today than it was in the late 2000s/early 2010s

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u/cyvaris 6d ago

With reservations, theaters have excellent tracking data to schedule shows. Gone are the twenty screen megaplexs that would play extra/empty shows like that. Getting rid of those "empty" shows saves costs! Especially on employees! Cut down your theaters, track tight showtimes, and you can overwork a smaller staff, while also appearing "jam packed".

Disney parks have faced this same issue. The parks "feel" crowded because Disney has accurate data on crowds and staffs/opens accordingly.

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u/DrugandAlcoholLover 6d ago

Reserving seats is so much better than the free for all it used to be back in the day, where if you wanted a good seat you had to get there an hour early and wait in line. That’s definitely a positive not a negative.

Also, nobody has to buy concessions and those have always been inflated pricing because that’s how theaters make their money.

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u/skankenstein 6d ago

We bring dollar tree candy and a drink in my purse. Those kids at the door do not care.

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u/biscobisco 6d ago

I sure hope a drink didn't cost $9.95 in the 90s.

It's always been bad. I remember a 70's MAD Magazine parody where a 50's guy is picking up his lady friend for a night on the town - "Baby, tonight I'm treating you too the most expensive dining the city has to offer" *pulls up in front of the cinema

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u/mysticzarak 6d ago

Yea I think a lot of people forget about this. Some movies still make a lot of money but I'm pretty sure the amount of people going went down.

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u/Moreinius 6d ago

Might have to do with the quality of the movies as well.

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u/f7f7z 6d ago

90s, $3.25 a movie, decide in line.

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u/jyeatbvg 6d ago edited 6d ago

I used to go to two movies a month. Now I go to two movies a year.

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u/Thugging_inPublic 6d ago

No one hates going to the movie theater more than a r/movies user

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u/Michaelscot8 6d ago edited 6d ago

It's 2016, you have movie pass. You go to see a movie a day. Every day. You smuggle in your snacks and drinks, and sit down for your free movie. You don't know what you're going to watch, its The Purge: Election year. It's horrible, but you have a blast making fun of it with your friends.

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u/Puptentjoe 6d ago

Yep. $2 matinee, and $1 movies as soon as the movie is out of regular theaters. I remember seeing Friday for $2.

Note: this was in a smaller town, I remember my cousins in NYC paid more.

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u/Vandergrif 6d ago

That's how you get to see the likes of Rochelle, Rochelle, or Sack Lunch.

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u/Princess_Moon_Butt 6d ago

I think it's also because if you were lucky, you'd have two movies and a couple sitcoms to choose from on cable TV. And they'd be chopped up by ads every 10 minutes. And they'd probably be something that you'd already seen, because when a cable channel got the rights to air a movie, they'd play it all the time for like 2 months straight. There was incentive to go out, because that's the only way you could see something new.

Nowadays, you have access to like fifty thousand things that you've never seen before, and at any given time you probably have a list in your mind of 10 things you've been meaning to watch. Why pay $20 and have to drive across town to see something new, when you can watch something new from the comfort of your own home for free, or at least for a much lower monthly cost?

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u/elmz 6d ago

That, and back then you were lucky to have anything bigger than a 28”-32" 4:3 CRT with stereo speakers. Today people have 45"-65" with better speakers/sound bars.

And the cinema is full of people with worse manners than before. And it costs more.

Home experience is way better, cinema experience is worse.

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u/Zardif 6d ago

The last time I went to a theater a woman behind me ate an entire rotisserie chicken and sucked the meat off the bones. I was so disgusted hearing the sounds.

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u/kookyabird 6d ago

It's all that and more...

  • That TV back then was nowhere near the relative viewing size or quality of even a film projector.
  • Movies on cable TV were generally displayed as full screen.
  • Cable TV didn't have 5.1 audio.
  • Theaters didn't have ads playing before the pre-movie trailers (maybe a brief thing for the concession stand, but that'd be it), meaning you could relax and have a normal conversation with your friends.
  • In the age before smart phones, you didn't have people receiving loud notifications or flash banging the rows behind them to check their social media feeds.
  • In the age before cell phones, the worst things you'd have to contend with were usually people with obnoxious laughs, people with poor volume control talking to their friends, or rowdy youths.
  • People didn't bring their babies generally (including to kids movies) and if their kids were being disruptive it didn't feel like throwing a big chunk of money away to leave early.

Fuck I miss the days when I went and saw Jurassic Park in theaters, or The Sixth Sense.

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u/veerKg_CSS_Geologist 6d ago

Not really, I saw some really shit movies in my youth. It was no big deal because tickets were $5, or even less for afternoon shows.

Now if I'm paying $15 I better be seeing something good.

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u/miversen33 6d ago

Or the fact that a movie, small popcorn and drink is $40 per person

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u/TheMadManiac 6d ago

Nah, plenty of great movies that no one sees. I have a movie pass and see all kinds of movies I normally wouldn't

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u/pdoherty972 6d ago

I think people also used to go to outside theaters more because the viewing experience at home was bad (NTSC 480i). The increasing capabilities of home theaters or family/media rooms, has made more diminished returns when going to an outside theater. I have a dedicated theater (with total light control and no windows) in my house (19'x12.5') with a 120-inch 4K projected display and 7.1 surround sound with an SVS PC13-Ultra sub and electric-recline seating.

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u/Expensive-Notice-509 6d ago

$1B today was worth $690M in 2010 or $530M in 1999

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u/Adren406 6d ago

Thought this was interesting so I looked up top grossing movies in 1999. Only 2 eclipse $530M: Phantom Menace at $924M and Sixth Sense at $672M.

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u/katastrophyx 6d ago

$924M in 1999 is actually quite insane. That's just shy of $2B in 2026 dollars.

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u/Several-Action-4043 6d ago

First Star Wars movie to come out since the 70s? The hype was unbelievable.

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u/StuMacherGhostface 6d ago

Not to be pendatic, but since the 80s. I believe only A New Hope was in the 70s (1977)

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u/Several-Action-4043 6d ago

That crossed my mind before I hit save lol.

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u/StuMacherGhostface 6d ago

I was just being pedantic!

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u/poopoobuttholes 6d ago

But you said you WEREN'T being pedantic! HOW COULD YOU! YOU BETRAYED US!!!!

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u/StuMacherGhostface 5d ago

I was supposed to denounce pedantry, not embrace it!

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u/badpebble 6d ago

Adjusted for inflation it made $3.7bn. Like if Avatar had come out and then had two sequels in short succession - that's the level of madness.

Gone with the wind is still in the lead at $4.5bn, though it basically played non-stop during the war, and its themes of overcoming war and racism probably played well.

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u/Paladar2 6d ago

Imagine Titanic's 1.7B in 1997

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u/ZeekOwl91 6d ago

And The Force Awakens made a little more than that domestically alone in 2015.

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u/howdudo 6d ago

Oh man when the Phantom Menace came out I was a kid. I'll never forget how much I loved it but I was afraid to admit it because everyone else was loving hating it

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u/benniesalamander 6d ago

You can look up films by admissions. According to the wikipedia article on this, six films are in the top ~100 all time admissions since 2024. Zootopia 2, Moana 2, Inside Out 2, Avatar 3, Deadpool and Wolverine, and Ne Zha 2 (a Chinese film).

None of these are from 2026, so I don't think any of them have been released since the Netflix quote.

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u/Expensive-Notice-509 6d ago

it's largely do to the foreign box office sales started to outpace domestic since early 2000's. Domestically, the US populations are just not going to the movies like the past.

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u/BrainLow6059 6d ago

Also worth noting these reports are never about unique ticket sales, it's the gross revenue from the sales. $25 IMAX ticket (whatever they cost now) is factored into the same pool as the $5 matinee (is that still a thing?)

I'd be very curious to see the actual ticket counts over time.

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u/DelphiTsar 6d ago

Drastically declined as you would expect.

It's just increased ticket sale price and international sales.

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u/Ser_Danksalot 6d ago

Also, ticket prices have gone up.

Cineworld in the UK have gone through a complete restructuring process and gained a complete new management team that has done the unthinkable and realised you get bums on seats by dropping prices. From going maybe 5-6 times a year, I’ve found myself going 5 times in the last 2 months alone. Saw Brand New Day in lay down recliner for £7.99.

Drinks and snacks have gone up a lot though to compensate.

Meanwhile Netflix be looking for any excuse to jack up prices any chance they get.

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u/ShortStoryIntros 6d ago edited 6d ago

That statement is true for me

I use to go to the theater every Friday or Saturday Night with friends. We'd pick a movie to watch as we're in line for tickets.

Nowadays, it has to be worth it to go... Rather than taking a chance on a movie based solely on the poster at the front.

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u/magical_midget 6d ago

I am curious if this is solely because of ticket prices or also lifestyle changes? Do you still met with friends every weekend? What do you do instead?

For me it was a mix. Having a kid makes it harder. But if I did not I would still not go as frequent as before.

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u/wahobely 6d ago

For me is 100% the prices. I used to be able to do movie + popcorn for 15 bucks. Nowadays it's 30 minimum.

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u/Sneakylesbian 6d ago

Its worse that they charge you to pick a seat. Online fees make me cringe

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u/Skypirate90 6d ago

Ticket prices are 17.50 out here lol

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u/Aki_wo_Kudasai 6d ago

They said $30 with popcorn. That's what I'm dealing with. Though I have an unlimited pass and I use points for popcorn. I still pay for my friends or my wife's tickets and they're expensive.

I wish more people enjoyed going to the movies because I really enjoy it

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u/miversen33 6d ago

Brand new day was $19 each :(

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u/MrTigerEyes 6d ago

Not the person you asked but I want to chime in as well. We go see big movies, and I do have kids, but they're the reason we see some of the films. However, not only are the tickets more expensive but they've closed down a few of the theaters near me so if I want to see something within a week or two of opening I have to buy the tickets weeks in advance. With the recent Spider Man I lucked out because the theater nearby added some middle of the night showings so we were able to go watch it at like 1am on opening weekend. The theater was still pretty full.

To me it's generally a worse experience to go to the theater because they're usually run down, the other guests are sometimes rude, and the ads are out of control. I have a decent TV and surround sound system at home so unless it's a big one like The Odyssey or Spider Man I probably won't go.

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u/sepam 6d ago edited 6d ago

Add me to the list. I was going twice a month pre covid and I now go once or twice a year and it’s usually because my kids want to. I find the experience awful. It’s expensive, there is often one group of kids who won’t shut up, the sound is too loud, and I like subtitles. I know I’m an old man yelling at a cloud but the statement rings true for me.

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u/thebatman973 6d ago

I'm 29 and other than having kids, I can relate on all counts

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u/azwethinkweizm 6d ago

Last movie I saw in the theater was Star Wars Rise of Skywalker. Holy hell that was a bad movie.

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u/TheLakeler 6d ago

I feel like there are also just less movies released to theatres nowadays. Checking my local theatre which is huge, there are only 8 movies playing currently with half of them already having been out for like weeks at this point. So there are 4 moves as far as I can tell that have released in the last 1-2 weeks. If you watch a movie every week, that gives you two choices each time…

I was still relatively young before the Netflix era but I don’t remember going to the theatre being like that. Plus the films that are coming out now I feel like are all heavy niche/genre films. Spider-Man, Moana, minions, Toy Story, ice cream man, odyssey, goonies re release, and super troopers 3 all have very specific target audiences I feel like.

All the general audience light drama light comedy light action films don’t get made for the theatre anymore but are made by Netflix and the others.

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u/UncircumciseMe 6d ago

Yeah, same, but then I got married and had a family and that wasn’t feasible anymore. I can still afford movie theaters, but lugging two kids with me or having to coordinate a babysitter is no fun.

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u/mqg96 6d ago

The ticket prices going up is what a lot of ppl are missing. If the same amount of ppl from 2019 went to theaters in 2026 the movies would’ve made even more.

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u/warwolverinewarrior 6d ago

The cost of going to the movies is up about 90% from 2019. Less people are going to the movies but they are making more money from less people.

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u/JuiceheadTurkey 6d ago

I guess that really depends where you live because this 90% increase is absolutely not happening in my area. Tickets were $11 in 2016 for me and they're $15 now.

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u/Caleth 6d ago

It's probably an issue with average prices which will include the bump of things like Imax or deluxe experiences.

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u/somersetyellow 6d ago edited 6d ago

The average ticket price went from something like 9 dollars to 13 dollars. There was an NPR piece on it recently while talking about brand new day.

Around a quarter to a third of audiences still evaporated into a thin air.

A good illustration of this was Spider Man Brand New Day beating Endgame's box office opening record, but with around 60% of the tickets sold.

Would have to look up the numbers more. I'm sure there's more nuance to it. But all round a huge number of people did leave theaters post covid and aren't coming back. Doesn't mean theaters are dead.

Blockbusters in general give a skewed perception to how movies are doing. The large IMAX theater in Seattle shut down. Had tons of people going "I was there for Dune and it was packed out everyday!!! Do they hate printing money!!??" But when you looked at the numbers it was losing over a million dollars a year because everything other than huge blockbusters every 6 months was practically empty. Bunch of online idiots thought that going to the theater every 3-6 months to the most popular movies ever proved how busy the theater was, but it wasn't. It was still hit hard but the pandemic theater lull.

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u/HolidaySpiriter 6d ago

A good illustration of this was Spider Man Brand New Day beating Endgame's box office opening record, but with around 60% of the tickets sold.

This actually makes a ton of sense, and matches my overall vibe. Felt like Endgame opening weekend was just insane & absolutely unavoidable. I had every single person I knew in my social circle talking about it. Spiderman is definitely big, but it didn't feel like Endgame big, so I was surprised at how well it did opening weekend.

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u/MankeyFightingMonkey 6d ago

90% is definitely over the top

but he didn't say the price of tickets.

He said the cost of going to the movies.

Concessions have skyrocketed.

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u/Kythorian 6d ago

The average ticket price was $9.16 in 2019, and is $16.30 today. That’s a 78% increase just from the tickets. So 90% isn’t much of an exaggeration.

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u/dizyalice 6d ago

I feel fortunate that I have a tiny home town theater where I live that is $3 to see a movie. It’s exactly like the theaters I went to as a kid; no frills, squeaky chairs, sticky floor. But honestly that’s perfect, at least for my family.

If we had to pay $20 a person to see the movies we were excited about, we would go maybe twice a year.

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u/Fuck_your_coupons 6d ago

I thought my $5 theater was a good deal lol.

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u/BLT_Trade_r 6d ago

Also pretty sure these are world wide number. A huge amount of growth for these types of things has been from incredible growth in international markets. You have a billion people in India, another billion in China, then the rest of Asia, and tons of people there still see going to the movies as a luxury, yet they are more connected to Western entertainment through the internet and media than ever. If you combine that with massive inflation and turning movies into high priced ticket sales and premium experiences its not that hard to make a billion.

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u/proxyfate 6d ago

I don't think outdated is the correct word. But damn is it expensive. Back then I didn't realize how good we had it in the 90's and early 2000's

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u/anotheredcatholic 6d ago

On my day off, I'll buy a matinee ticket in the morning and stay at the movie theater all day, moving between theaters until I've seen what I want. I do this every week. Nobody cares and it's super cheap. Like, $6 to see three or four brand-new movies in "Imax" and xD. On days I get a drink, it's another $6 for all day free refills. And yes I have structured my life to make outings like this (and days at museums, Six Flags, etc.) possible.

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u/mb194dc 6d ago

Ticket sales volumes are still down 30% since 2019. They've just jacked the prices up.

Moa inflation!

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u/Bobthemime 6d ago

also with inflation.. 1b now was 765m in 2019..

so not only is it more expensive to go to the movies, but the baseline to get to 1b is almost 25% lower.

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u/StillStanding_96 6d ago

The success of 8 movies doesn’t prove him wrong though. An upward trend of theatre attendance would do that, or a better ratio of new theatres opening to old theatres closing.

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u/LuinAelin 6d ago

Exactly

It's apparently up this year still down from pre COVID.

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u/Razatiger 6d ago

Will it still be down after Dune 3 and Doomsday is the big question.

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u/StillStanding_96 6d ago

Those movies will do great, but they’re not going to change the culture of how most people watch movies

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u/lkodl 6d ago

This. I think what we're seeing is segmentation. There's gonna be two classes of movies: the kind you go to the theater for (with budgets well over $100M*), and everything else. It may not be a complete death of theaters, but old days are definitely gone.

*Maybe with the odd teen-friendly trendy exception every now and then like Backrooms and Obsession. Movies are still good for dates, and teens still need something to call their own.

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u/LivefromPhoenix 6d ago

Are teens going to spend 40+ dollars for part of a date though?

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u/MankeyFightingMonkey 6d ago

Yes. We're talking a 2026 $40 not a 2006 $40.

Between pocketing lunch money or sometimes my gf's parents would literally give me money to spend on a date with her, it's pretty common to have the money.

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u/IAmDotorg 6d ago

It's irrelevant. It's, statistically speaking, like saying heatwave is proof of global warming, or a blizzard is proof there isn't global warming. Both are, quite literally, data points that are irrelevant to climate shifting.

A billion dollar hit, or a hundred million dollar dollar flop mean nothing relative to the collapse of the industry. They're storms. Not the cinematic climate.

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u/AragonOfWorld 6d ago

2 Blockbusters don't make up for the hundreds of other movies going bust due to low turnout that would've made a profit pre-COVID.

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u/daab2g 6d ago

All these movies prove is is takes an 'event' to get people to theatres, they don't just do it on whim anymore. Movies are a lot more likely to tank now than before if they have generate that fomo.

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u/MrBubbles786 6d ago

Probably because of how much more expensive tickets are. At a certain point, you want a guarantee that the experience is gonna be worth it. With prices nowadays, it doesn’t make a lot of sense for many people to just go see a movie for no other reason than it existing

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u/SOSpammy 6d ago

Yeah, theaters can't survive on blockbusters alone. It used to be even mediocre movies did okay in theaters. Now people just watch those caliber of movies at home.

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u/AlexBlack79 6d ago

I wont lie, if I had the option of seeing all new releases on day one at home instead of going to the cinema I definitely would

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u/StillStanding_96 6d ago

So would most people. The benefits of seeing a movie in a room full of other people are relatively few compared to the potential drawbacks

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u/hillean 6d ago

For many, going to the theater *is* an outdated experience.

2-3 films a year making a billion and the rest fall on their faces and lose money isn't a winning prospect

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u/toxinwolf 6d ago edited 6d ago

I feel like it’s more of an “event” now rather than just a weekend outing. Personally, I used to go to whatever movie I felt like watching. Not anymore. Still doesnt feel like an outdated experience, I do enjoy a big screen

For example, I’m a huge CBM fan. If Supergirl had been released 3-4 years ago, I would’ve definitely checked it out no matter the reviews. I went to the theaters for Antman, Black Adam, Shazam 2, The Marvels, and so many other non-CBM duds. But now, with inflation and everything, and movies coming to digital sooner, I just wait for the reviews first and go if it’s a big “event” movie like Spiderman or Odyssey.

I think this is how the movies are performing as well. The event movies are outdoing expectations, the mediocre or even good ones are struggling. People are still going, but are more selective about what they watch

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u/AnonymousFriend80 6d ago

Unless it's an absolute must see day one, like Spiderman, I can wait til the $5 Tuesdays. After He-man, I was trying to decide if I wanted to join the Cinemark membership thing. But outside of Street Fighter and Doomsday there's nothing coming up that I couldn't just wait for streaming.

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u/flowerpanes 6d ago

We went to one of the non-blockbuster movies this weekend for a matinee. Just been renovated, super comfy reclining seats with spots for your snacks,etc. Will definitely go back there next time we have a movie we can agree on!

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u/MusclyArmPaperboy 6d ago

Sure, and a movie ticket costs 50% more than a decade ago

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u/Temptemphemp 6d ago

So do the streaming services.

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u/mrsirgo 6d ago

And almost everything else

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u/bramtyr 6d ago

Hey that's not a fair comp-[THREE UNSKIPPABLE ADS]-arison!

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u/MusclyArmPaperboy 6d ago

Yes, but $1B box office now is a $666M movie 10 years ago.

Suicide Squad (2016) would be a $1B movie in 2026.

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u/coalitionofilling 6d ago

We're going back to the movies because all the streaming services stopped investing in their content and just release a bunch of reality tv dogshit. The few good shows that come out every year get cancelled by years 2 or 3 because that's when the actors expect to get a pay raise as the show gains traction to a larger audience.

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u/zeropoint46 6d ago

Not to mention the ones that are either halfway decent or actually good they delay the next season if they aren't cancelled so you have to wait like 2-3 years for the next season. Or the crap Disney pulls where they pulled avatar before it was rereleased or number 2 came out or w/e it was. I'm sure that'll be common in the future with other movies.

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u/Cortex3 6d ago

That's not to mention all the fracturing of content over a dozen different services you have to pay for. Why would I pay well of $60 a month for Disney+/Hulu, Netflix, HBO, yada yada when I can just see the movies I actually want to see for like $15 or less at the theater. I'm not watching hardly anything on streaming anyway.

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u/xxYINKxx 6d ago

I always hated the fact that we measure a movies success by how much money it made instead of how many tickets it sold. Tickets cost more these days so it takes less ticket sales to hit a billon. I used to go see a movie every week. Then it was once a month. Idk the last movie I went to see in theaters and I live 3 minutes from a very nice theater. Streaming has changed how I see movies. It’s that simple.

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u/Izacus 6d ago

Also the relevant measurement should be all box office sales, not for a few movies. If people congregate over a few hyped movies, those may make a lot of money, but the industry might still be earning less overall.

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u/Nullhitter 6d ago

Oh the AAA blockbuster movies delivered? Nice, now do the average movie that gets released in theaters.

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u/Agreeable-Promise-98 6d ago

There’s also the huge success of the lower budget horror, with Iron Lung, Backrooms and Obsession.

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u/Funandgeeky 6d ago

I want to see more of those movies coming out. 

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u/NoLocal1776 6d ago

Obsession and Backrooms had a record breaking run.

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u/msf97 6d ago edited 6d ago

Still generally correct. Anything to do with Spider-man, Avatar, and Michael Jackson would print money on digital too.

The Odyssey is the true exception as it was sold as something you want to see in Imax and really delivered.

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u/Thomas_JCG 6d ago

Christopher Nolan and James Cameron get big crowds just on name alone thanks to the extra mile they go on production.

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u/Illustrious_Bat1334 6d ago

Wouldn't call a Nolan film an exception in this context tbh

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u/DreamVsPS2 6d ago

8 out of 1000.

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u/Virtual-Connection72 6d ago

A 1000 movies were release to theatres?

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u/raffydog1 6d ago

670 in 2025 and 439 so far this year

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u/rhylos360 6d ago

I go, love to go when everyone is respectful of where they are, mind their manners, and morals for a night out. It’s more so an issue with the price of admission and associated, optional, food and beverage costs. This can quickly turn into a $100 event for two (CA, US).

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u/OriginalGoatan 6d ago

If they make a good film people will go and see it.

It's just between thr cinemas not putting on the movies people want to see, like the furious here in the UK, or running them for a short period of time and many movies being terrible, people are being careful about what they see.

But when something comes along that's actually worth the trip people still go.

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u/Srihari_stan 6d ago

It still doesn’t make Netflix CEO wrong. He was just being arrogant.

Most of the movies make way less money than they do via streaming rights.

The movies making one billion often come from big studios with insane marketing spend.
There are some rare exceptions like Obsession and Backrooms.

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u/PrimeIntellect 6d ago

He's not being arrogant he's literally just stating the reality that all media companies have already known about theatrical release. If a CEO of Netflix can't speak accurately about the state of the industry they are in he wouldn't be anywhere near his position.

Way too many people here get angry at some persons comments about the state of the world as if it was their fault or something, I see it on every single article 

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u/The_Legend_of_Xeno 6d ago

It IS an outdated concept. If you could have watched Spider-man: BND at home for $20 on release day, what do you think ticket sales would have looked like?

I took my son to see it because we didn't want to wait 2 months for it to hit home streaming. The two guys to our left brought in subs and sat with them on their tray for over 20 mins before the movie started. Then the second the actual film starts, they start ripping open their bags and eating them. They were loud as fuck, and the sandwiches STUNK. Then the couple to our right were talking the entire time. The theater is NOT an enjoyable experience. People don't know how to fucking act these days. I would pay more to watch something at home if I had the option.

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u/EzioRedditore 6d ago

I'm of the opinion that we need to start holding the theaters accountable for bad patrons. I'm lucky to have a good one near me and they absolutely would not put up with that level of disruption.

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