With a significant amount of movies being leaked before
release, and other former movie-goers choosing to forgo the pricy tickets and
wait until the movie is released on Netflix, attendance at movie theaters has
been on a constant decline. Profits at both AMC and Regal have fallen over 50% year
to date, compared to the same period last year. The
largest decline has come from the younger viewers, with the 12-to-17 age
bracket declining 13%, and the 18-to-24 demographic dropping 17%. This is
especially concerning as movie theaters have long relied on younger viewership
to continually turn up.
Some believe that younger audiences have a hard time
focusing on just one screen for an extended period of time, and need more to
capture their attention. To get ahead of the problem several theaters have been
going to great lengths to recapture this audience that is demanding more
exciting experiences. Regal, for
instance, launched 4DX this spring, equipped with seats that move to the motion
of the action on the screen, and everything from compressed air blasts to simulate
flying bullets, to water dripping from the ceiling to simulate the rain you’re
seeing in front of you. Though Regal has thus far only tested this concept in
Los Angeles, they have received such positive feedback that they are planning
to roll this out to a great number of theaters across the US and abroad over
the next few years.
Cinemark is another theater that is trying to upgrade the
typical movie-going experience, but offering 270-degree viewing. While they
have received positive feedback from this offering, they hold firm that they
are not willing to change the experience too much more, stating, “we still
think the reason people go to the movies is to see movies.”
And while few theaters have actually picked up on the
concept just quite yet, last year Disney experimented with an idea called “Second
Screen”, where moviegoers were actually encouraged to bring iPads and play
games that related to the scenes they were watching throughout the movie.
It will be interesting to see where the future of movie
theaters goes, and just what types of experiences we’re in for in the future.
Read more about the potential future of movie theaters.
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