about this blog
Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.
most popular posts
-
- There are no viewed posts at this time.
chuck
Alexis here are other factors that have affected the box office: 1. high ticket prices 2. dvd/movie downloads 3. not all towns have box cinemas. Mall cinemas have fallen out of favor. 4. Change in trends: if a bad movie remains at a local cinema the market shifts to the metropolitian cinema. I've been to some really classy ones. 5. Now last year in Cande Nast's Portfolio Sherry Redstone,CEO of National Amusements Cinemas criticized her competitors Regel Entertainment Group,Cinemark,AMC and others for"Cannibolizing their industry." For her competitors don't want to change with the marketplace. 6. The newer trend with cinemas is the combo of dinner theatre and cinema. conclusion:the real hit in the movie industry overall has been internet downloads. But a deal exists between the Regel Group and the DVD industry to hold off on movie dvd releases for six months.
Chuck II
Who is Chuck? Where does he live? Is anyone interested in Chuck's cinema dilemma? What does this have to do with the release of "Ironman" Chuck?
chuck
Every summer for me personally I made it point not to miss the summer blockbusters. No matter what they are. Now it has been different for the past two years. Over two years ago around Christmas time a feud broke out between the CBL Associates and Village Entertainment which were the former owners of the Pemberton Mall 4 Cinema. It was the only cinema in town of of a population of 25,000. Now the feud was over high rent whcih CBL Aassociates,one of the must successful Real Estate Invesment Trusts and are publicly traded on NYSE. Now the feud broke out when some African American employees of Village Employees committed some crime. Second tenant Village Entartainment didn't want to pay the high rent on the property.And on Dec 6,2006 CBL Associates closed the mall cinema down. Now Village Entertainment which acquired the old mall cinema from Regel Entertaintment Group didn't do much for improving the old cinema property. It had leaky ceilings,sticky floors,broken chairs.When the cinema owas operation it catered more to the African American crowd than it did to whites. Also crimes were committed as well. Now while Regel and Village did run the cinema they didn't catch on to the fact that the local teen-agers here were going to the more classier in Cinemas in Clinton,Pearl,Madison for better pics. Now another bad business practice I caught was they(both Regel Entertainment and Village) would run trailers for movies that would that weekend but that never happened. Also high ticket prices scared away the locals too. But the worst a cinema propeiter could do is not take care of the property which one is a tenant. Since the cinema closed rumors have been flying that Pembertom Mall maybe closing. It's a small mall you would be appalled at the condition its in. But for a town not to have a cinema? When the cinema closed it made statewide news. I kid you not. Now last year Mayor Laurence Leyens made a big mistake. He announced by summer of last year that Vicksburg would have a cinema house by summer. Never happened. Since then city and chamber of commerce leaders have been quiet on a cinema coming here. But I can tell you there are a lot of furiouos film buffs here. CBL hasn't found a tenant either for the old property either. By the way malls have twenty year economic cycles.And this mall is in downturn by the way.In fact all the community leaders and political leaders have been quiet and mum on the cinema issue. Now what did emerge a few months ago is that the Mayor has been told by some cinema operators to increase the population. But with overvalued real estate I doubt if that's going to happen. As for the cinema coming locals are honestly wondering if they'll have one at all. But for comunity leaders to quiet on the issue is showing one's imcompetence.