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The
banks have every reason to be nervous. The chains found themselves in
this position by spending millions of dollars building bright and shiny
new multiplexes with dozens of screens, comfy chairs, and THX Dolby Buttfuck
Sound to promote inner ear damage. As it happened, however, nobody came
to the bright and shiny new multiplexes. Why not? Well, do that math.
You build a movie theatre with a dozen screens in a small to mid-sized
town (which is primarily where Carmike operates) and then put Mission
Impossible 2 on more than half of those screens. Are more people going
to want to see Tom Cruise kick pigeons out of the sky simply because they
have more opportunities to do so? Or will the same number of people simply
have extra seats upon which to keep their bags full of smuggled-in beer
and candy?
The
chains had (and still have, if they pull their head out of their ass)
an amazing opportunity to make money, serve their customers well, and
promote great movies all at the same time. Instead of clogging up ten
screens with shit like The Patriot, stick Mel Gibson on one screen and
fill the other nine with new, independent and foreign movies. That way,
they actually WILL pull in new paying customers, people who don't want
to see George Clooney and Marky Mark get all dripping wet by a computer-generated
wave. Instead of making a million dollars off of one movie, make several
million off of several movies. And if they still need an ass to stick
their head in, we recommend our Tromass of the Month.
The stockholders
may take a spanking this time, and a woefully less enjoyable one
than what we present
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This
may sound like common sense and, for anybody who isn't preoccupied
with sucking studio cock that's exactly what it is. If you were running
a restaurant, would you try to convince your customers that you only
serve dry toast because it's so popular that you've got your whole
staff busy all the time making nothing but dry toast? Think of it
this way. Would you buy stock in the restaurant that serves nothing
but dry toast? That, in essence, is what the people who bought Carmike
stock have done. They are the ones who will pay for Carmike's shortsightedness.
The CEO and Board of Directors will be well taken care of with their
golden parachutes. And you certainly can't blame the people who bought
Carmike stock. After all, Carmike was expanding. Their future looked
bright. It isn't their fault that the great new theatres they built
showed nothing but factory-made, baby-food-flavored movie-style product.
They were brainwashed by the broker-pimps on Wall Street, touting
the stock like so much cinematic snake-oil. |
The
lesson to be learned here is painfully obvious. Movie attendance is dropping
even as the number of screens is growing. It may take a bankruptcy or
two for theatre owners to realize that they must wrest control of their
business away from the studio cartel that provides them with product.
They will not make money by filling more screens with the same soulless
crap. They will not make money by trying to camouflage the braindead pabulum
on screen with reclining chairs that massage your ass, cup holders, and
other amenities. They cannot make any more money on their concessions,
since a box of Goobers costs more than a heart transplant. They will make
money if they offer their customers a genuine choice. The great movies
are out there, waiting to be played. All it takes is one chain with the
courage enough to program them.

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