Industry Analysis & Industry Trends
Positive trends in consumer spending and a revival in movie attendance will benefit the industry over the next five years. Movie theaters will invest in technologies like 3D to boost demand and increase ticket prices, supporting profitability. However, competition from online video access will largely mitigate these trends, resulting in modest growth... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry in the Movie Theaters industry are high and growing more difficult to overcome. The costs of purchasing and operating capital equipment such as digital projection systems, screens and speakers are high, as are the costs of establishing auditoriums on par with the quality offered by the industry's major players. Opening a large multiscreen complex entails high rent and utilities costs. Furthermore, new and untested theater operators may have difficulty acquiring rental licenses from major film distributors; without the ability to show blockbuster films, commercial success for a first-run theater is highly unlikely.
However, opportunities exist for theaters that limit their operations to certain genres or specialize in second- or third-run films... purchase to read more