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Post by Ranger on May 10, 2024 16:55:17 GMT
I'm not sure how the situation in other countries is but there are some interesting numbers coming from Canada about film revenue versus theatre revenue and it might not be what you'd expect (assuming they are accurate). The Stratford Festival (in Stratford, Ontario, Canada) generates more than double the revenue of the entire Canadian film industry. The post The screenshot (in case you don't have access twitter) imgur.com/a/KhaDQy2 |
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Post by David J on May 10, 2024 17:50:03 GMT
Can't really speak for the Stratford Festival but I have been hearing discussions for a while about the decline in cinema attendance generally. Covid has certainly sped it up, where families have gotten used to streaming a film rather than go out and pay lots for seats and food
I'd be more interested in the general attendance of theatre in the past few years if only the data was available. Course a show with Tom Holland in it or based on a beloved property is going to sell, but beyond that? I certainly see it in the local theatres putting on less plays and receiving less tours, and instead relying on tribute bands, kids shows, stand up nights and so on
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Post by sph on May 10, 2024 22:15:14 GMT
I remember there being some discussion during the Covid years about how theatre generates more revenue than sports or football or something, which I thought was a slightly disingenuous comparison. Perhaps in terms of physical ticket sales yes, but when it comes to things like TV broadcasts/sponsorships/advertising/merchandising etc, I'm pretty sure something like the football industry dwarfs the theatre industry.
I have a feeling similar things could be said about the film industry. Cinema attendance may be on the decline, but the overall viewership of TV and movies is probably not.
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Post by n1david on May 10, 2024 22:30:11 GMT
Just worth mentioning that the initial stats are about films produced in Canada, not the entire cinema industry in Canada. I suspect these stats say something about the state of the Canadian film production industry, but they may not say anything about the relative total revenues of cinema-going and theatre-going in Canada.
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Post by theatrefan62 on May 11, 2024 11:24:35 GMT
Streaming is gradually impacting the film/cinema industry the same way music downloads and streaming had a big impact on music. The big money is now made from touring in music, and I think live events like theatre, sports and concerts follow suit. It's the one thing you can't get at home, the thrill and atmosphere of a live performance. Cinemas in general aren't a great experience, and are expensive and movie s end up on streaming much quicker than the vhs days.
It's high risk, but also high reward when live events hit big
That said, yeah, that article is more a comment on Canadian film industry rather than cinema as a whole.
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Post by Jon on May 11, 2024 11:40:18 GMT
The Canadian film industry is more comparable to Australian film industry but I can't think of a Canadian film that has made an impact globally whereas Australia has had hits like Mad Max, Crocodile Dundee, Priscilla, Muriel's Wedding to name but four.
Ironically a lot of American films and TV series film in Canada because it's cheaper.
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Post by blamerobots on May 11, 2024 16:06:53 GMT
I can't remember the last time I went to an actual chain cinema. I've only ever been to the BFI these past three years to watch the odd cult film or two.
Just from the amount of times the cinemas near me have been changing hands and shutting for "renovations", I'm guessing it's not going great right now. Streaming has definitely taken over.
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