There's hopes poor financial results don't spell the final act for cinemas. 

Revenue dropped for all the Hoyts, Reading and Event Cinemas chains in 2024. 

Auckland's Capitol Cinema co-owner Roger Wyllie says the combination of Covid and the Hollywood writer's strike brought tough times.

He says there are good movies out there - but interest is low.  

"We've probably done 40 percent on pre-Covid with people coming through the door."

LISTEN ABOVE

There's hopes poor financial results don't spell the final act for cinemas.&nbsp;
Revenue dropped for all the Hoyts, Reading and Event Cinemas chains in 2024.&nbsp;
Auckland's Capitol Cinema co-owner Roger Wyllie says the combination of Covid and the Hollywood writer's strike brought tough times.
He says there are good movies out there - but interest is low. &nbsp;
"We've probably done 40 percent on pre-Covid with people coming through the door."
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Roger Wyllie: Capitol Cinema co-owner on movie theatres taking a revenue hit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d35311cf-15f6-4dd5-a513-b2eb0067c63f/transcript