We No Longer Need Movie Theaters
Covid showed us that aside from a few films worth experiencing with a crowd, most movies play just fine at home. Why pay AMC, or Cinemark $11-15 for a ticket along with jacked up candy and popcorn prices to watch most movies in a crowd full of people just as likely to ruin the experience as make it better?
This was inevitable as soon as large televisions started to become cheap and common and streaming services began offering theatrical releases only a few months after their initial release. It's a perfect storm that covid hastened, but one that was always inevitable.
Watching a movie at home might be a different experience than seeing the film in a theater, but it's generally not worse. There are films that will bring out a crowd, just like there are bands people will pay over $100 to see in an arena or stadium, but the number of them will only decrease.
Disney, Comcast, and Warner Bros. Discovery will inevitably scale more of their product for streaming, not theaters. That makes AMC, Cinemark, and movie theaters in general, relics of an era that has mostly passed.