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Barry Diller: The movie business as before is finished and will never come back

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Re: Barry Diller: The movie business as before is finished and will never come back

#121
post #113

And yet a lot of people think that AMC stock is worth 4x what it was last year.

Don't take the naive position that stock prices are (or should be) directly reflective of the value of a company's business. They aren't. Stock prices are defined by what people are willing to pay for them. In the case of AMC, the price is higher because some retail investors are willing to invest in the hope that they will be able to squeeze the shorts.

Fundamentals are great, but as the old saying goes: the market can remain irrational longer than you can remain solvent.

Re: Barry Diller: The movie business as before is finished and will never come back

#122

Earlier quoted context omitted.

> I won't mourn movie theatres (though I hope places emulate the likes of Alamo Drafthouse and do dinner, drinks and let us make an evening out of watching a movie), but I do worry about things like movie financing. It feels the industry has split in two, either making super-expensive superhero blockbusters or super cheap indie films. I'm informed by my cinemaphile friend that exactly this phenomenon has been much re…

How do I find these movies? Amazon has some old, mostly low quality movies, but nothing good or recent. They got rid of the criterion collection years ago. Sincere question: How does one even find or acquire films today? I’d love to watch a movie, but literally don’t know how to go about it anymore. Netflix is not an answer as most of their content are not movies and basically spam to me.

In addition to the criterion channel, already mentioned, try MUBI [1]. It’s a cinephile’s dream: a film discovery nearly everyday while also curating the great directors.

[1] https://mubi.com/

Re: Barry Diller: The movie business as before is finished and will never come back

#123
post #13

The actual quote (with my emphasis added): > "The movie business *as before* is finished and will never come back." And I think that's correct. Superhero blockbusters taking over all box office receipts was one thing, but now those blockbusters are becoming deeply tied to streaming services like Disney+ that's bringing content into people's homes and away from movie theatres. I won't mourn movie theatres (though I ho…

> It makes me feel like a grouch to complain about the uber-popular, widely loved thing but this intertwined superhero universe exhausts me.

I feel the same way and here is how I approached it: buy a bunch of DIS stock, don’t watch superhero movies.

Re: Barry Diller: The movie business as before is finished and will never come back

#124

Earlier quoted context omitted.

> I won't mourn movie theatres (though I hope places emulate the likes of Alamo Drafthouse and do dinner, drinks and let us make an evening out of watching a movie), but I do worry about things like movie financing. It feels the industry has split in two, either making super-expensive superhero blockbusters or super cheap indie films. I'm informed by my cinemaphile friend that exactly this phenomenon has been much re…

> People who complain that nothing good is made anymore must just be looking at what's advertised heavily I can't speak for everyone but I think it's hard to find anything 'fun'. The indie films inevitably seem to be deadly serious, whether it's terrible crimes or failing relationships or the inevitably of death. If a viewer wants 'fun' then they're stuck with formulaic superhero blockbusters. It feels different. Spi…

I remember seeing indie comedies and horrors. I dont think indy implies serious, altrough there are also sad indie movies.

> . If a viewer wants 'fun' then they're stuck with formulaic superhero blockbusters.

I dont think this is true either. The industry producing formulaic is not because it is only way to have fun. If you look at series that came out lately (Money Heist, Westworld ... ) they are not formulaic and are fun.

Re: Barry Diller: The movie business as before is finished and will never come back

#125

Earlier quoted context omitted.

> I won't mourn movie theatres (though I hope places emulate the likes of Alamo Drafthouse and do dinner, drinks and let us make an evening out of watching a movie), but I do worry about things like movie financing. It feels the industry has split in two, either making super-expensive superhero blockbusters or super cheap indie films. I'm informed by my cinemaphile friend that exactly this phenomenon has been much re…

How do I find these movies? Amazon has some old, mostly low quality movies, but nothing good or recent. They got rid of the criterion collection years ago. Sincere question: How does one even find or acquire films today? I’d love to watch a movie, but literally don’t know how to go about it anymore. Netflix is not an answer as most of their content are not movies and basically spam to me.

I pay for Spotify and Steam Games and HBO Max, but pirate movies since Hollywood isn’t interested in making films available to be watched.

Re: Barry Diller: The movie business as before is finished and will never come back

#126

Earlier quoted context omitted.

> I won't mourn movie theatres (though I hope places emulate the likes of Alamo Drafthouse and do dinner, drinks and let us make an evening out of watching a movie), but I do worry about things like movie financing. It feels the industry has split in two, either making super-expensive superhero blockbusters or super cheap indie films. I'm informed by my cinemaphile friend that exactly this phenomenon has been much re…

How do I find these movies? Amazon has some old, mostly low quality movies, but nothing good or recent. They got rid of the criterion collection years ago. Sincere question: How does one even find or acquire films today? I’d love to watch a movie, but literally don’t know how to go about it anymore. Netflix is not an answer as most of their content are not movies and basically spam to me.

Your local library probably has tons of DVD and Blu-Ray discs (and librarians who can provide recommendations), and maybe free access to an app like Hoopla with classic/highbrow movies.

Re: Barry Diller: The movie business as before is finished and will never come back

#127

We're arguably repeating history, where 100 years ago film was the upstart (but rapidly growing) business and vaudeville was the established incumbent. Film offered far more creative possibilities and were dramatically more immersive than the entertainment it replaced. Today the film industry is the incumbent - profits have peaked, and the upstart video game business has already eclipsed it. Once again, video games h…

...but there is a huge percentage of the population that doesn't like / play video games.

the "gaming" industry includes mobile games and things like slot machines, in addition to the big consoles that most people think of.

I think there are more "gamers" than you might think.

Re: Barry Diller: The movie business as before is finished and will never come back

#128

Earlier quoted context omitted.

> I won't mourn movie theatres (though I hope places emulate the likes of Alamo Drafthouse and do dinner, drinks and let us make an evening out of watching a movie), but I do worry about things like movie financing. It feels the industry has split in two, either making super-expensive superhero blockbusters or super cheap indie films. I'm informed by my cinemaphile friend that exactly this phenomenon has been much re…

> People who complain that nothing good is made anymore must just be looking at what's advertised heavily I can't speak for everyone but I think it's hard to find anything 'fun'. The indie films inevitably seem to be deadly serious, whether it's terrible crimes or failing relationships or the inevitably of death. If a viewer wants 'fun' then they're stuck with formulaic superhero blockbusters. It feels different. Spi…

>lowest-common-dementor

Don't give them any ideas about more Potter films, even if Rowling has been canceled

Re: Barry Diller: The movie business as before is finished and will never come back

#129
post #13

The actual quote (with my emphasis added): > "The movie business *as before* is finished and will never come back." And I think that's correct. Superhero blockbusters taking over all box office receipts was one thing, but now those blockbusters are becoming deeply tied to streaming services like Disney+ that's bringing content into people's homes and away from movie theatres. I won't mourn movie theatres (though I ho…

> I won't mourn movie theatres (though I hope places emulate the likes of Alamo Drafthouse and do dinner, drinks and let us make an evening out of watching a movie), but I do worry about things like movie financing. It feels the industry has split in two, either making super-expensive superhero blockbusters or super cheap indie films. I'm informed by my cinemaphile friend that exactly this phenomenon has been much re…

how do you find these good, low budget movies? would love to know your discovery process

Re: Barry Diller: The movie business as before is finished and will never come back

#130

Through my work, I have access to Placer.ai, which allows me to track foot traffic to any retail location or chain via visitors' cellphone GPS. Here's AMC's nationwide foot traffic from January 2017 through July 4, 2021. https://i.imgur.com/s3H7EYj.png

Wait, how does Placer.ai work? Like you need to have some sort of AMC app?
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