The Big Tech ShowThe death of cinemas
This week, Adrian tackles the potential deaths of cinemas. He’s joined by the RTÉ arts broadcaster Rick O’Shea and Andrew Lowe, the part-owner of the Lighthouse and Palas (Galway) cinemas and a co-founder of the film production company Element Pictures.
Adrian puts it to them that Disney’s decision to prioritise streaming from now on could be a signal of what’s to come, with more and more movie budgets going into platforms like Disney+, Netflix, Amazon and Apple TV+. This, in turn, could lead to long term cinema closures as people start cutting back on the number of times they want to go into multiplexes compared to the 65-inch 4K telly in their own front room.
Adrian puts it to them that Disney’s decision to prioritise streaming from now on could be a signal of what’s to come, with more and more movie budgets going into platforms like Disney+, Netflix, Amazon and Apple TV+. This, in turn, could lead to long term cinema closures as people start cutting back on the number of times they want to go into multiplexes compared to the 65-inch 4K telly in their own front room.
