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Challenges and Opportunities in Movie Theaters amidst Changing Trends
The chapter explores the strategic decisions made by a major studio to deviate from the traditional summer movie release lineup, sparking discussions on the increasing trend of movies bypassing theaters for streaming platforms. It highlights the financial considerations for both theaters and studios in adapting to shifting audience preferences and the impact on the evolving movie-going landscape. The conversation examines the effects of premium video on demand (P-VOD) strategies, shorter release windows, and the importance of creating unique, upscale theater experiences to attract diverse audience segments.