{"id":16049,"date":"2020-09-28T16:55:21","date_gmt":"2020-09-28T21:55:21","guid":{"rendered":"https:\/\/update.midlandps.org\/?p=16049"},"modified":"2020-09-28T16:55:22","modified_gmt":"2020-09-28T21:55:22","slug":"as-movie-theaters-fail-streaming-services-take-over","status":"publish","type":"post","link":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/","title":{"rendered":"As movie theaters fail, streaming services take over"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">The movie theater industry took a devastating blow due to the coronavirus pandemic forcing theaters to shut their doors. The repercussions resulted in major movie releases being postponed or even changed to a digital release, which resulted from studios and theaters losing a substantial amount of revenue.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Movie theaters aren\u2019t able to sustain themselves due to the increased streaming from home. Major cinema chains quarterly results revealed a loss of nearly 100% of revenue as theaters sat vacant for months. With cases still on the rise, it\u2019s unlikely they will be able to open up soon which will cause more losses and a continuing collection of debt.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AMC theatres, for example, lost 98% of their revenue during the lockdown and have just recently opened their doors. But with maximum capacity at 40% in the auditoriums and limits on food and beverages, many people have decided that they would rather watch movies online or through one of the many streaming services available.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Companies could show movies that were released on streaming services, but the chances of a person already paying for it online have increased because of the popularity of streaming platforms. The industry needs to be able to draw in large crowds in order to get business booming again. Without revenue from customers, the industry will go under and streaming platforms will claim their title.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201c[There is] no material change,\u201d Matt Struss, chairman of Peacock, a streaming service made for NBC and Comcast shows, said of how the coronavirus pandemic had changed how Peacock would launch. Peacock launched during the lockdown in April and has over 15 million subscribers in about eight weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Streaming services During pandemic have gained more popularity with millions of people stuck indoors and not much to do. Netflix, in a recent letter to its shareholders, has had 26 million new subscribers in the first two quarters, nearly the same amount gained in 2019 over the <\/span><span style=\"font-weight: 400;\">whole year.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cYes I have watched significantly more[shows] on Netflix and Amazon[prime video]\u201d junior Allison Miller said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Miller is one of the many students who has increased their watch time on streaming services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the number of people signing up for these platforms many studios have released movies online like \u201cTrolls World Tour\u201d and \u201cKing of Staten Island\u201d. Because of this, even if people do feel theaters are safe, they may still choose to not go to theaters.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While some have chosen to go back to the movies, many more have decided that streaming services are a cheaper, safer, and better way to watch movies.&nbsp;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":10246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-16049","post","type-post","status-publish","format-standard","hentry","category-1-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>As movie theaters fail, streaming services take over - UPDATE ONLINE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As movie theaters fail, streaming services take over - UPDATE ONLINE\" \/>\n<meta property=\"og:url\" content=\"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/\" \/>\n<meta property=\"og:site_name\" content=\"UPDATE ONLINE\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DHSUpdate\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-28T21:55:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-28T21:55:22+00:00\" \/>\n<meta name=\"author\" content=\"Samuel Baker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DowHighUpdate\" \/>\n<meta name=\"twitter:site\" content=\"@DowHighUpdate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Baker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/\"},\"author\":{\"name\":\"Samuel Baker\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#\\\/schema\\\/person\\\/f51c20bd97c04a541a388848b5a401c5\"},\"headline\":\"As movie theaters fail, streaming services take over\",\"datePublished\":\"2020-09-28T21:55:21+00:00\",\"dateModified\":\"2020-09-28T21:55:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/\"},\"wordCount\":437,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#organization\"},\"articleSection\":[\"NEWS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/\",\"url\":\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/\",\"name\":\"As movie theaters fail, streaming services take over - UPDATE ONLINE\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#website\"},\"datePublished\":\"2020-09-28T21:55:21+00:00\",\"dateModified\":\"2020-09-28T21:55:22+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/2020\\\/09\\\/as-movie-theaters-fail-streaming-services-take-over\\\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#website\",\"url\":\"https:\\\/\\\/update.midlandps.org\\\/\",\"name\":\"UPDATE ONLINE\",\"description\":\"H.H. Dow High School&#039;s award winning news source\",\"publisher\":{\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/update.midlandps.org\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#organization\",\"name\":\"Update Online\",\"url\":\"https:\\\/\\\/update.midlandps.org\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/update.midlandps.org\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/Wordpress-icon.png\",\"contentUrl\":\"https:\\\/\\\/update.midlandps.org\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/Wordpress-icon.png\",\"width\":256,\"height\":256,\"caption\":\"Update Online\"},\"image\":{\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/DHSUpdate\\\/\",\"https:\\\/\\\/x.com\\\/DowHighUpdate\",\"https:\\\/\\\/www.instagram.com\\\/dowhighupdate\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/update.midlandps.org\\\/#\\\/schema\\\/person\\\/f51c20bd97c04a541a388848b5a401c5\",\"name\":\"Samuel Baker\",\"url\":\"https:\\\/\\\/update.midlandps.org\\\/index.php\\\/author\\\/bakers\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"As movie theaters fail, streaming services take over - UPDATE ONLINE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/","og_locale":"en_US","og_type":"article","og_title":"As movie theaters fail, streaming services take over - UPDATE ONLINE","og_url":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/","og_site_name":"UPDATE ONLINE","article_publisher":"https:\/\/www.facebook.com\/DHSUpdate\/","article_published_time":"2020-09-28T21:55:21+00:00","article_modified_time":"2020-09-28T21:55:22+00:00","author":"Samuel Baker","twitter_card":"summary_large_image","twitter_creator":"@DowHighUpdate","twitter_site":"@DowHighUpdate","twitter_misc":{"Written by":"Samuel Baker","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/#article","isPartOf":{"@id":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/"},"author":{"name":"Samuel Baker","@id":"https:\/\/update.midlandps.org\/#\/schema\/person\/f51c20bd97c04a541a388848b5a401c5"},"headline":"As movie theaters fail, streaming services take over","datePublished":"2020-09-28T21:55:21+00:00","dateModified":"2020-09-28T21:55:22+00:00","mainEntityOfPage":{"@id":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/"},"wordCount":437,"commentCount":0,"publisher":{"@id":"https:\/\/update.midlandps.org\/#organization"},"articleSection":["NEWS"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/","url":"https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/","name":"As movie theaters fail, streaming services take over - UPDATE ONLINE","isPartOf":{"@id":"https:\/\/update.midlandps.org\/#website"},"datePublished":"2020-09-28T21:55:21+00:00","dateModified":"2020-09-28T21:55:22+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/update.midlandps.org\/index.php\/2020\/09\/as-movie-theaters-fail-streaming-services-take-over\/"]}]},{"@type":"WebSite","@id":"https:\/\/update.midlandps.org\/#website","url":"https:\/\/update.midlandps.org\/","name":"UPDATE ONLINE","description":"H.H. Dow High School&#039;s award winning news source","publisher":{"@id":"https:\/\/update.midlandps.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/update.midlandps.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/update.midlandps.org\/#organization","name":"Update Online","url":"https:\/\/update.midlandps.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/update.midlandps.org\/#\/schema\/logo\/image\/","url":"https:\/\/update.midlandps.org\/wp-content\/uploads\/2020\/09\/Wordpress-icon.png","contentUrl":"https:\/\/update.midlandps.org\/wp-content\/uploads\/2020\/09\/Wordpress-icon.png","width":256,"height":256,"caption":"Update Online"},"image":{"@id":"https:\/\/update.midlandps.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/DHSUpdate\/","https:\/\/x.com\/DowHighUpdate","https:\/\/www.instagram.com\/dowhighupdate\/"]},{"@type":"Person","@id":"https:\/\/update.midlandps.org\/#\/schema\/person\/f51c20bd97c04a541a388848b5a401c5","name":"Samuel Baker","url":"https:\/\/update.midlandps.org\/index.php\/author\/bakers\/"}]}},"_links":{"self":[{"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/posts\/16049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/users\/10246"}],"replies":[{"embeddable":true,"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/comments?post=16049"}],"version-history":[{"count":2,"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/posts\/16049\/revisions"}],"predecessor-version":[{"id":16054,"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/posts\/16049\/revisions\/16054"}],"wp:attachment":[{"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/media?parent=16049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/categories?post=16049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.midlandps.org\/index.php\/wp-json\/wp\/v2\/tags?post=16049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}