The Future of Entertainment

The 7investing Podcast · Oct 13, 2020 · 28m

The movie business has been crushed by the pandemic and it wasn’t doing all that well beforehand.

In a pre-COVID-19 world movie theaters had to compete with the exploding number of content choices most Americans have available in their homes. Big TVs have steadily fallen in price making them accessible to the vast majority of the American public. Add in the proliferation of streaming services offering original programming that rivals all but the biggest cinematic events and you see why theater chains were already up against a wall.

Now, however, in an economy that’s still dealing with a virus…