Tuesday, March 27, 2007
Loser in the Industry
In the next few years, movie theater companies such as Showcase Cinemas, AMC Theaters, and Regal Entertainment will lose more business. The population is becoming more concerned with interactivity and on-demand type of entertainment, including downloading videos from the internet and streaming them onto televisions. Because of this trend, new movies may start to be released over the internet allowing viewers to watch from the comfort of their homes and diminishing profits of brick and mortar movie theaters.