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This topic comprises 3 pages: 1 2 3
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Author
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Topic: Art films and profitability?
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Justin Hamaker
Film God
Posts: 2253
From: Lakeport, CA USA
Registered: Jan 2004
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posted 07-13-2008 10:28 PM
The figure that usually isn't available is how those big city theatres do with "art films" vs. main stream releases. While many "art" films may routinely make $20K or more when they play in New York and LA, many theatres in those same cities may do well over $100K on the opening weekend of a major block buster. I know the Metreon in San Francisco did something like $300K for the opening weekend of 300.
I think what may be the issue here is the survival of a single screen or twin theatre that tries to play the same stuff as the multiplex out at the local mall. In those cases, many people will go to the mall location because of easier access, more parking, more show times selections, etc. But if the downtown theatre is the only one playing smaller films like The Visitor, then obviously that's where patrons are going to go.
Also, it's important to remember that many "art" films attract a very small portion of the population. In a city like New York, the movie is still going to put up an impressive gross if it's only pulling ½% of the population. But when that same move plays in a city of only 20,000, it's going to translate to a lot of empty showings.
The one advantage many art houses have over first run theatres is they usually only have to play the movies one week rather than 2-3 weeks for first runs. That means they can have fresh product every weekend. If you only have 1-2 screens, it can be a killer to constantly have one screen under performing due to 2 week minimums.
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