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0 pointscat1998y ago0 comments

I'd agree if you are talking about the 'movie industry' -

While yes, what you describe is true - part of this has to do with the film rights pricing which is mandated by the studios/distributors, so even if a theater wanted to structure things differently, they could not..

Of course many of the major theatre chains are also related to the studios, so it gets a bit hard to see which end is up..

but I digress

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DerekL8y ago

>Of course many of the major theatre chains are also related to the studios, so it gets a bit hard to see which end is up.

As far as I can tell, not in the US. Open Road Films is a joint venture of AMC and Regal, but Open Road only has about 1% of the film market. National Amusements has a controlling interest in Viacom, which owns Paramount Pictures, but National Amusements only has about 1% of North American movie theaters. None of the big US studios own any of the big 3 US theater chains.

huac8y ago

The studios have an incentive to not overcharge as well - if the theaters go bankrupt then distribution just got a whole lot harder.

But yes, the accounting in the entire movie industry needs to be taken with a pinch of salt, and perhaps some mind-altering chemicals.

yodon8y ago

> many of the major theater chains are also related to the studios

No, at least not in the US. In one of the key anti-trust decisions, the Supreme Court declared in 1948 that it was prohibited monopolistic behavior for a major studio to own a theater chain.[0]

https://en.m.wikipedia.org/wiki/United_States_v._Paramount_P....

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