Michael Eisner Says Theaters Can Survive For Next 20 Years “But At Some Point, Home’s More Convenient”; Theatrical Movies That Do Well Are “The Big Technical Extravaganzas. Small Indie Films From Europe Or US Only Survive On Amazon/Apple/Netflix. So It’s Hard & Not A Business I Would Go Into Today.”
by lowell2017
4 Comments
Say what you want about Michael Eisner, but he’s one of the most astute executives in the history of the movie and theme park businesses, the man led Paramount and Disney through their glory years.
He knows what he’s talking about.
I disagree, theaters maybe have 10 years tops. The death spiral for them has only hastened from covid.
I imagine that big films like Avengers, Spider-Man, Iron Man, Wolverine, Batman, Harry Potter, Lord of the Rings, Avatar, sequels to historical animated films, Star Wars (if done well, not The Mandalorian), etc., can always work by helping the cinema industry.
I imagine the concept of multi-theater cinemas will end, and we’ll only have 2/3 of them with the same film for a few weeks and then move on to the next one. For smaller films, 10 years is already too long, unfortunately.
Another victim of our society’s obsession with being anti-social. Everyone is isolated and that’s how they want it, apparently.