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Reason #187 That Movie Theaters are Dying

Reason #187 That Movie Theaters are Dying

LA Times journo Patrick Goldstein’s “The Big Picture” column today criticizes Hollywood’s intransigence when it comes to jumping on the digital bandwagon.

“A survey conducted by OTX, a leading movie research firm,” the article reports, “found that under-25 males, the earliest adopters of new technology, saw 25% fewer movies in the summer of 2005 than in the summer of 2003. Even worse, young males now rate theatrical movies No.7 among weekend activities, behind everything from surfing the Web and playing computer games to (ouch!) going out to dinner.”

Goldstein suggests this shift is inevitable, and the sooner studios and exhibitors figure out ways to adopt to the new digital download culture, the better chance they’ll have to survive.

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