EDITORIAL
Better than Bitcoin...
MGM’s library has always been key to its appeal. Former MGM executive Kenneth McCormick recalled one of those 1990s dealmaking sessions to The Wall Street Journal. McCormick said that the late Kirk Kerkorian turned to him during negotiations and commented that movies “just don’t go down in value. Something new comes along that you can use them again.”...
Have a safe week and a pleasant Friday night at the movies,
Jean Constant
According to a new study from Fandango that surveyed more than 4,000 of its ticket buyers about their recent cinema experiences, 93% said they were satisfied with their return to theaters and 87% said multiplexes made them feel comfortable being back in a darkened, enclosed space. Of those surveyed, 70% said they were vaccinated and another 14% said they plan to get vaccinated. Of those surveyed, 70% said they were vaccinated and another 14% said they plan to get vaccinated. 96% of ticket buyers surveyed plan to see more than one movie in theaters with summer — with 64% specifying they plan to see five movies or more on the big screen. Fandango conducted its Return to Theaters study between May 3 and May 23. The demographic breakdown of participants was 65% between the ages of 18 to 54, with 56% identifying as female, 43% as male and 1% as non-binary. Roughly one-third of participants hailed from the western United States, with 29% from the south, 20% from the midwest and 18% from the northeast. Nearly two-thirds described themselves as Caucasian, while 22% were Latino and Hispanic, 9% were Black, 6% were Asian/ Pacific Islander and 5% other... 