• 5 Posts
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Joined 2 years ago
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Cake day: June 13th, 2023

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  • This is correct i have worked with C levels in the past and can tell you. Sometimes they force their workforce to use a product or tech for the sole purpose that they have an investment in it. You ever wonder why your company changed process work flow and application or vendor when the other one worked just fine and the new solution makes your job harder. It because your C level had it in his portfolio and waned to juice the stock.

    Also when it comes to stocks and shareholders it has nothing to do with facts or anything based in reality but just on vibes and perception and the perception is AI make line go up. So it gets pushed on the rest of us.












  • Yeah but that’s what others have been saying AMC didn’t lower the ticket by 50% AMC negotiated with the studios to take a cut or is paying the difference to the studios out of pocket. A movie theater should be seen as two business in a trenchcoat.

    The tickets are a direct transaction with the movie studios and they 99% of the total revenue on every ticket. In the old days theaters would get more of a percentage up to maybe 10%. You saw it where the movie would start in the big theater then move to the tiny theater.

    That’s how dollar theaters worked they played older movies and passed their cut as a savings to the customer. the longer the movie stayed playing but now that theaters no longer have film cans and the studios control how many times that film gets played and pull it after a week or two.

    The theaters are still only getting 1% of the ticket but still have to 100% cost of running the equipment and staff. All that money mainly comes from concessions