The classic case – even the biggest, best run Blockbuster was overtaken by changing technology. In the face of this decreased attendance, realizing time and technology changes the world we live in, the business decision to close was made.
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Overall, Netflix dominated the recent Golden Globe Award nominations with 17 movie nominations, more than the closest rival, Sony Pictures, which had ten.Īs a small family-owned and operated independent theater we can see ‘the writing on the wall’. 108-year-old Paramount Pictures Studios recently agreed to make movies for direct Netflix release. A trend to releasing new movies directly onto streaming services, bypassing theaters has begun.
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With access to stream 500,000 movies and TV shows!Īttendance has steadily decreased over the past 2+ years as large flatscreen HDTVs and streaming services have changed the way people enjoy movies. The Queen suggested he asks Daniel, a Wiseman. Daniel told the King the message portended the end of the empire.Ī 65” 4K Flat Screen HDTV for $380. During the celebration, a hand mysteriously appeared and wrote on one of the palace’s walls. None of the King’s advisors could explain the writing to him. The Old Testament, Chapter 5: The Book of Daniel tells the story of the King of Babylon’s feast.īelshazzar, the King of Babylon, held a dinner feast. You had your own table, at which servers would bring you made-to-order food from the kitchen and you could even order alcohol!īut alas, on December 11, 2019, I received this email from Raleighwood Cinema Grill:
Stale popcorn, Coke and Goobers at the snack bar. Sometimes the screen had a stain or a tear in it.
When it opened in the mid-1990s, with few exceptions, movie theaters generally looked the way they had for decades. It may not be happening now, but eventually, someone will try to build a better mousetrap in your industry.Īt one time, Raleighwood Cinema Grill in Raleigh, North Carolina was a disrupter. In business, you are either the disrupter or the one being disrupted.
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