Spot on as the Brits would say...........

Posted by Chris Garrett (B) on April 18, 2002 at 16:05:47

In Reply to: curious about concession stands posted by TA on April 18, 2002 at 15:39:38:

roughly 75% of AMC's profits, when we were making a profit a few years back, came from the stand. So buy those Twizzlers and Large PC/Sodas, LOL.

Chains rent the films from Hollywood and when all is said and done, at least for AMC, film rent would be anywhere from 50%-52% of our ticket sales. Depending on terms, something like Titanic, which took off slowly might tip in favor of the exhibitor after the run. Many terms are 90-10 or 80-20 (in favor of the studios) for the first two weeks (or so) of the film's run. Yikes! However, Sony wanted 80% of the gross for Godzilla, which was a one week wonder. We got it down from 80%, but it was sending a bad message.

Many theatres don't get to do Day and Date in order for the film companies to control things. If the customer could go to his favorite theatre and see a film (as opposed to having to drive across town,) the exhibitors could then dictate terms to Hollywood. For a company like AMC, who really does a nice job of catering to the customer, we want to go up against the Regals and GCCs of the world. It's almost a monopoly for the film companies.

Gotta run, Chris

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Follow Ups Full Thread

Topic - Why are theaters doing so well dispite DVDs and home theater? - TA 21:02:27 04/17/02 (13)

While Film Exhibitors have made record revenues this year....... - Chris Garrett 15:28:06 04/18/02 (7)

curious about concession stands - TA 15:39:38 04/18/02 (4)

Spot on as the Brits would say........... - Chris Garrett 16:05:47 04/18/02 (3)

A question about the theater biz - Rob Doorack 06:42:09 04/19/02 (2)

Yes, no and yes............ - Chris Garrett 08:56:55 04/19/02 (1)

Thanks (nt) - Rob Doorack 10:50:33 04/19/02 (0)

Re: While Film Exhibitors have made record revenues this year....... - mikenyc 15:39:05 04/18/02 (1)

Trust me............. - Chris Garrett 16:07:48 04/18/02 (0)

Re: Why are theaters doing so well dispite DVDs and home theater? - CQ DX 13:54:41 04/18/02 (0)

Re: Why are theaters doing so well dispite DVDs and home theater? - Bolt_Snypr 08:39:16 04/18/02 (0)

Re: Why are theaters doing so well dispite DVDs and home theater? - J0hnN 07:45:41 04/18/02 (0)

Re: Why are theaters doing so well dispite DVDs and home theater? - mikenyc 00:30:03 04/18/02 (1)

Re: Why are theaters doing so well dispite DVDs and home theater? - klaus 22:31:57 04/19/02 (0)

Follow Ups

Spot on as the Brits would say........... - Chris Garrett 16:05:47 04/18/02 (3)

A question about the theater biz - Rob Doorack 06:42:09 04/19/02 (2)

Yes, no and yes............ - Chris Garrett 08:56:55 04/19/02 (1)

Thanks (nt) - Rob Doorack 10:50:33 04/19/02 (0)

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