Could This Be The Beginning Of The End For Theaters?

Could This Be The Beginning Of The End For Theaters?

With the recent push to put films on VOD could we be seeing the beginning of the decline of theaters?

Could This Be The Beginning Of The End For Theaters?

I've written many times before about theaters and why they still remain important in this increasingly digital age. I've written many times about the increase in streaming and how that could potentially lead to the decline of movie theaters as the norm. I've written many times about that happening sometime in the future. However, the decline of the cinemas may be happening sooner than we think.

It would be an understatement to say things have hard since the outbreak of the Coronavirus. People are forced to stay separated from family and friends, unessential businesses are temporarily closed, millions have lost their jobs, and thousands have died from the disease. It's safe to say that this disease will have long term effects even after it's gone and one of those effects might be the film industry.

The film industry has had to react quickly to this fast moving pandemic and had to postpone or outright cancel several releases. To compensate for the loss of theater revenue, many film companies have put films that were meant to be released in theaters on digital streaming services early. For example the Pixar movie "Onward" was released in theaters only a few weeks before the spread of the virus and didn't make much at the box office as a result. This forced Disney to release the film on their streaming service Disney Plus a month later.

Similarly films that were supposed to be released this month, such as the Dreamworks movie "Trolls: World Tour", have gone straight to Video-on-Demand to make up the lost revenue during this crisis. The film industry has turned to streaming to save it during this hard time. However, this could signal the beginning of the decline of theaters.

There are still big blockbuster movies that people will be willing to go to the theaters to see, like superhero films or Star Wars films, but the rest of Hollywood's film output might be viewing Video-on-Demand and streaming as safer and more profitable options. Films that release on streaming sites don't have to spend money on distributing to theaters. This could lead to mid and low budget films avoiding theaters altogether.

This could lead to drastic changes when it comes to theaters. While theaters make big profits off of big movies they can't solely rely on them to make enough of a profit to keep all of their theaters open. If theaters lose the business given by mid and low budget movies they would have to close quite a few theaters and lay off many workers. This would also possibly destroy many independent theaters that don't have the budget to screen big budget films and rely on the mid to low budgeted ones.

While it's too early to say what the future holds in store for theaters, the boost streaming services are receiving during this crisis has shown that the straight to Video-on-Demand model has an growing future. We all predicted the day where streaming overtook theatrical distribution as the standard model of release for Hollywood, but that day looks a lot closer than we would have thought.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.

119 People Reveal How The Pandemic Has Affected Their Love Lives, And Honestly... Relatable

"I haven't been able to get out of the 'talking phase' with anyone."

The reality is, there's no part of life the pandemic hasn't affected. Whether it's your work life, your home life, your social life, or your love life, coronavirus (COVID-19) is wreaking havoc on just about everything — not to mention people's health.

When it comes to romance, in particular, people are all handling things differently and there's no "right way" of making it through, regardless of your relationship status (single, taken, married, divorced, you name it). So, some of Swoon's creators sought out to hear from various individuals on how exactly their love lives have been affected since quarantine began.

Keep Reading... Show less

Megan Thee Stallion and Cardi B just dropped the hottest summer single yet. It's called "WAP" and we're going to get into all the intoxicating lyrics.

This song empowers females and their sexuality. These women put the ridiculous music industry female beef to bed, and I mean tucked away in a coma.

Keep Reading... Show less

How To Write Down The Holy Grail Recipe Everyone Begs You To Make

Because everyone has a signature cocktail, cake, or pasta they bring to every potluck.


From back when I used to bring my mom's classic white chocolate chip cookies to preschool on my birthday to now stirring up my signature tequila cocktails at every friends' barbecue, I've always had a couple of standby recipes in my culinary rotation.

Keep Reading... Show less

Meet My Cat: Cheshire, The Stray Turned House Cat Who Lives in Michigan

I never considered myself a cat person, but Chess immediately stole my heart.

Madelyn Darbonne

In 2016, a stray cat gave birth to a litter of three grey kittens on my aunt and uncle's property. I had never considered myself to be much of a cat person, but these furballs immediately stole my heart. I got to watch them grow up until they were old enough to leave their mother's side.

Keep Reading... Show less

How To Binge-Watch A TV Show —And Then Write A Review About It

Writing your favorite and least favorite things about a show could not be more fun.

Photo by Mollie Sivaram on Unsplash

Looking for a new show to binge? Stop scrolling through your options and listen.

Sometimes a good show doesn't come down to the genre or the actors involved, it comes down to the fact that it is simply a GOOD show. If any of these things sound appealing to you, you should definitely watch.

Keep Reading... Show less
Health and Wellness

11 Reasons Why Getting A Cat Is The Best Thing You Can Do For Your Mental Health

Cats may mess up your puzzles but they'll always love you unconditionally — as long as you have some catnip, that is.

Scout Guarino

Alright, everyone, it's time to stop spreading the rumor that all cats are mean, aloof, and hate everyone. Like dogs, each cat has its own personality and tendencies. Some like a lot of attention, some like less — each person has to find the right cat for them. As for me, my cats Bienfu and Reptar have seen me at my worst, but they've also helped pull me out of it. They're a constant in my life and they give me the strength to get through the day in spite of my depression, and there's even scientific evidence to support it!

Keep Reading... Show less

I've been bleaching my hair since I was in seventh grade. Yes, you read that correctly, seventh grade. That's nearly 10 years of maintaining a very light shade of blonde that too-often brings about dryness and brittle strands.

Keep Reading... Show less

Chances are if you're here, you're probably interested in writing an open letter. Yay! We're excited to have you.

Of course, not all open letters are created equal. In fact, there's a recipe to writing one for Odyssey that'll get featured on one of our many verticals. When it comes to Swoon specifically (for those new around here, that's our dating and relationships vertical), we receive dozens of open letters each month, many of which are all very similar.

Keep Reading... Show less

With a new phone comes great responsibility: Do not break it! And the best way to do that is with a case. However, picking a case can be a challenge. No need to fret, I am here to help break down some of the best cases for the new iPhone SE 2020. Honestly, I think it's going to be impossible to choose!

Keep Reading... Show less

To some who have been out of the dating world for a while, it can be hard to get back into the swing of things after being single for some time. So, I asked 26 people what they think is important to know before looking for love again, here's what they had to say.

Keep Reading... Show less
Facebook Comments