Carmike Cinemas Says Studios To Blame For 1Q Loss That Exceeds Analyst Expectations

COMMENTS (12)

• They should be blaming themselves for falling for yet another 3D fad.

  Comment by ladypeyton — Tuesday May 10, 2011 @ 8:48am EDT  Reply to this post

• If these stupid theater owners think Avatar are great films that most of us want to see, then they deserve to go out ofbusiness.

  Comment by Joe — Tuesday May 10, 2011 @ 8:49am EDT  Reply to this post

• It would be nice if people completely ignorant of the industry, and are obviously not involved in any way, would save their comments, go back to World of Warcraft, and let the pros talk amongst themselves.

  Comment by Josh — Tuesday May 10, 2011 @ 9:41am EDT  Reply to this post

• I’ve never understood these year to date comparisons as the actual product varies so wildly – in this case your benchmark is the highest grossing film of all time. How absurd.

  There really needs to be more prominent reporting of ADMISSIONS and not dollar grosses. Back in the day rentals and admissions were the barometers but for some reason the town thinks it helps their business to pretend they break a record every Friday.

  Comment by Joe — Tuesday May 10, 2011 @ 9:45am EDT  Reply to this post

• Do the math. There are nearly 40,000 screens in America. Exhibitors wildly over-built in a business where there is no competition for consumers (i.e., you never see two theaters across the street from each other playing the same movies and having a ticket price war). Sure, hits drive ticket and concession sales, but when you put up a building for more than five or six times cash flow you’re inviting a dent in revenues no matter what your rentals are.

  Comment by Santayana — Tuesday May 10, 2011 @ 11:48am EDT  Reply to this post

• Don’t the numbers prove that Avatar was a film that lots of “us” wanted to see, despite how shit you think the film is?

  Comment by Um — Tuesday May 10, 2011 @ 12:08pm EDT  Reply to this post

• They’re mad that a movie that becomes No.1 domestic, Overseas and world wide doesn’t come out every year?.

  Comment by Moose Wayne — Tuesday May 10, 2011 @ 12:12pm EDT  Reply to this post

• Perhaps it’s time for the majors to cut those rental terms back by 15% or so. The value of theatrical showcasing has never been fully appreciated.

  And let’s get Marcus Loew & Stan Durwood back (and Stan’s Twi-Lite Hour!).

  Comment by brianhawks1 — Tuesday May 10, 2011 @ 1:26pm EDT  Reply to this post

• Three things in this life are certain: death, taxes, and corporations blaming others for problems of their own creation. Theater chains are the ones who decided to charge up to $5 extra for a two-hour rental of flimsy plastic glasses that give you a headache, for the one screen in the multiplex that isn’t undersized, for a regular-size screen with the word “IMAX” over its doors. Audiences are fed up. Any exhibitor that isn’t telling its shareholders “We got greedy, and we’re paying the price” is lying.

  Comment by Long-term memory — Tuesday May 10, 2011 @ 2:07pm EDT  Reply to this post

• Avatar did over 2 billion worldwide, Alice did over a billion. What about that says most moviegoers don’t want to see that kind of stuff?

  Stupid exhibitors, or stupid audience? You’re giving the wrong group too much credit.

  Comment by factoid — Tuesday May 10, 2011 @ 2:18pm EDT  Reply to this post

• factoid: “Avatar did over 2 billion worldwide, Alice did over a billion. What about that says most moviegoers don’t want to see that kind of stuff?”

  The fact that there’s been a steep drop since Alice?

  Comment by D.Z. — Tuesday May 10, 2011 @ 9:43pm EDT  Reply to this post

• I didn’t realize that exhibitors regularly lose money in the first quarter and, hopefully, make it up later in the year. I know they don’t really make any profit on exhibition, but on food/popcorn sales.

  Comment by mfan2 — Wednesday May 11, 2011 @ 12:45am EDT  Reply to this post