Chuck,
For big movies like top gun, batman, Disney movies, minions, the studio
takes at least 62.5% from us on ticket sales. So examples below of our
net profit on ticket sales is listed and it isn't nearly enough to pay
the bills. This is why concessions cost so much at theaters because we
couldn't stay open on ticket sales alone.
Regular $9 ticket with tax included
Sales tax = $0.62 to the state
$8.38 pre-tax
Studio takes 62.5% = $5.24
Theater keeps = $3.14 net profit
Child/senior $6 ticket
Sales tax = $0.41 to the state
$5.59 pre-tax
Studio takes 62.5% = $3.49
Theater keeps = $2.10 net profit
As a single screen theater, these small net profits per ticket barely
cover property taxes, utilities, and payroll. Let alone the equipment
and maintenance costs of needing to spend about $70,000 per auditorium
every 8-10 years to replace the projector and server. Add that we're
replacing our roof this week at $65k, new siding to cover the cracking
stucco at $70k, New marquee and EFIS on the front which will be around
$100k, heated recliners at $100k for the building, new concession stand
and flooring $30k.
It's easy to see how I may never pay off the investments I'm putting
into this theater unless we increase attendance. My hope is this hobby
will eventually pay back my investments in 10 years so I don't have
buyers remorse. I bought this as it was going to close during covid lost
likely and the previous owners did not have the money or energy to keep
it going much longer. It's my childhood theater where I grew up and I
love it so I'm trying to save it, restore it, and make it the best place
to see a movie compared to the multiplex theaters that are dirty and
have riff raff people causing trouble.
On Tue, Jun 28, 2022, 10:30 AM Steven Kenney via AF <af@af.afmug.com
<mailto:af@af.afmug.com>> wrote:
Small town local theatres are something I would support. But I at
this point don't want to give a single penny to Hollywood, Disney or
any of those other studios that have lost touch with reality.
On Mon, Jun 27, 2022 at 9:32 PM Darin Steffl
<darin.ste...@mnwifi.com <mailto:darin.ste...@mnwifi.com>> wrote:
I'm biased because I bought a single screen theater in my
hometown right before lockdowns in March 2020.
I offered half the listing price because of covid coming and the
sellers accepted. We've been open since Godzilla in March 2021
and things have been doing better.
I can say with certainty that my $50k projector and sound system
blows any of your home theaters out of the water haha!
That said, I prefer to watch new releases alone on days we're
closed or after the public shows because people are generally
annoying. Getting up to use the bathroom, dropping things on the
wood floor, talking, etc. All the things you all hate, I hate
too. But we keep a clean theater, have the best popcorn I've
ever tasted, we're friendly, and I'm renovating things slowly
over 2-3 years to repair and upgrade this 1937 theater.
We just added a small 2nd screen upstairs so we can show more
than one movie at a time. 4k laser projector is coming next year
with heated recliners too.
The movie industry is not dead and continues to be resilient
coming out of covid. The downside to this industry is we rely on
good movies being released. If the studios release a bunch of
duds, theaters don't do well. So we're at the mercy of the
product that shows on our screens.
Top Gun Maverick is one of my favorite movies now! I've seen it
3 times and we're bringing it back for a week again starting
July 1 because it did so well for us in the first 2 weeks we had
it. I'll watch it a 4th time.
On Mon, Jun 27, 2022, 7:22 PM Bill Prince <part15...@gmail.com
<mailto:part15...@gmail.com>> wrote:
Not quite everything for me. For live events that have CC,
the CC is about 10-15 seconds behind the actual dialog, so I
turn it off because it becomes distracting.
Sometimes when they have CC, there is silence after the
person has said something that appears to me to be a
complete sentence, yet the CC adds some pithy little thing
that (I think) they didn't actually say.
bp
<part15sbs{at}gmail{dot}com>
On 6/27/2022 4:37 PM, Chuck McCown via AF wrote:
I have CC on everything anymore.
*From:* Nate Burke
*Sent:* Monday, June 27, 2022 5:23 PM
*To:* AnimalFarm Microwave Users Group
*Subject:* Re: [AFMUG] Movie Review
Closed Captions, so you can understand what is being said,
and Being able to pause for snack breaks (or rebooting the
laundry) far outweigh the draw of the big screen for us.
Although, When I stream, is it truly using my 9.2 surround?
On 6/27/2022 6:15 PM, Bill Prince wrote:
. And rolling jawbreakers down the isle.
Now that's funny
bp
<part15sbs{at}gmail{dot}com>
On 6/27/2022 2:17 PM, Steve Jones wrote:
I detest the movie theater. theres always fools with
phones on, smacking their lips, talking. God only know
what communicable diseases youre catching off the seats.
they dont even use real butter anymore.
I remember seeing movies like Airplane and whatnot in
the theaters and watching people get up and leave at the
credits and missing the funny stuff in them. And rolling
jawbreakers down the isle.
On Mon, Jun 27, 2022 at 12:08 PM Bill Prince
<part15...@gmail.com> wrote:
I've found for the last 10 years or so that "going
to the movies" adds zero to the quality of my life.
Am I an outlier?
bp
<part15sbs{at}gmail{dot}com>
On 6/27/2022 9:53 AM, Steven Kenney via AF wrote:
Go see Maverick. Everything else out there from
Hollywood is garbage.
On Sun, Jun 26, 2022 at 12:05 AM Chuck McCown via
AF <af@af.afmug.com> wrote:
Elvis
Meh
Wait for streaming.
Didn’t like how they did the first half.
I really thought Elvis ditched Col. Tom Parker
before he died, guess not.
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