Disney+ And Streaming Now Top Priority At Disney

John Campea Show

Big IP

Tv & Film

4.6 • 1.7K Ratings

🗓️ 13 October 2020

⏱️ 120 minutes

🔗️ Recording | iTunes | RSS

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Summary

Support or submit your question for the current or next show 24/7 here:https://streamelements.com/movieblogtv/tipOn today's episode:- AMC To Run Out Of Money By End Of 2020/Start Of 2021- Is The New Google TV Chromecast Worth It For A Movie Fan- Mandalorian Season 2 Details And Weekly Release Schedule- Disney Reorganizes To Make Streaming #1 Priority- Gerard Butler Disaster Film Greenland Going To VOD In DecemberAnd Much MoreLeave a question when you tip at https://streamelements.com/movieblogt... and it will be answered on the show, or the next show we do. Tip $20 or more and your question will be turned into its OWN VIDEO on the channel!Support John on Patreon! http://www.patreon.com/johncampea Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We've known for a while that the movie theater industry because of the COVID crisis has been in a lot of trouble.
0:08.0	Like this has been obvious and evident and we've known this for a while.
0:14.0	No theater was in more trouble than AMC theaters.
0:18.0	And really, through no fault of their owns in many ways,
0:22.0	AMC theaters had gone through a period just prior to COVID
0:26.0	to get everybody caught up here.
0:28.0	Prior to COVID, AMC Theaters had gone through a lot of money spending but it was all good money spending it was
0:35.3	smart money spending they were buying up some new theaters they spent a hell of a lot of
0:41.1	money on upgrading a lot of their theaters.
0:44.3	That's why you go into a lot of AMC theaters now.
0:46.4	They're like palaces for movies.
0:48.2	You go in, you get your motorized electric leather recliners
0:52.0	and incredible sound, and they spent a hell of a lot of money
0:56.1	on getting AMC A-list the best thing I said to ever happen to film fans.
1:01.3	The AMC A-list program up and running. And just before COVID hit, they had spent
1:06.7	pretty much everything they were going to spend. They had pretty much done most of their
1:10.2	upgrades. AMC-A-List was now turning a profit. Everything was great and they were in a lot of debt because of all its spending, but it positioned them to make a lot of money moving forward. So we've known for a while that AMC more than any of the other theaters
1:25.4	was in big, big trouble.
1:27.6	Well, it's looking even more bleak right now.
1:30.3	Variety is running a story right now
1:32.1	that the industry is predicting that
1:34.4	AMC theaters as of right now could run out of money by the end of 2020 or at
	...

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