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If true, how about transforming them into housing for the homeless? Or, bulldoze them and build condos.
Why There Will Be Almost No Movie Theaters in 5 Years
by Miles Mogulescu | December 24, 2025 - 6:02am
Whether Netflix or Paramount wins the battle of mega-corporations to merge with the fabled Warner Bros. movie studio, the economics of the film industry no longer support the production of enough feature films for most movie theaters to still be viable businesses. Within a few years, the theatrical feature film will be all but dead with devastating cultural, social, political, and economic impact.
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A large portion of the public rightly figures that theres no point in rushing out to theater to see a new feature for $15 or more a ticket plus parking and popcorn when they can see it at home at in a few weeks. Most theatrical films no longer pencil out.
While there were recently six major studios (plus mini majors), after Warner Bros. is sold (following other recent anti-competitive mergers like Disney buying Fox) there will only be four left.
With the collapsed distribution windows, its no longer feasible for those four studios to produce enough theatrical features to keep movie theaters in business. In 2025 over 100 films received a major theatrical release with inflation-adjusted box office revenues of over $15 billion while in 2024 they crashed to only 62 films with box office revenues of about $8.6 billions. Over 5,000 movie theaters have already closed their doors in the last couple of years.
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Art is now called content and is treated as an asset class to be bought and sold by mega-corporations like theyre real estate towers or meme coins. Roughly 2-hour dramas in 3 acts have been inspiring communal audiences for about 2500 years since the Greeks but theyre about to largely disappear from theaters, to the detriment of the entire culture. This is ushering in an age with little originality or surprise and general cultural stagnation. The sale of Warners will only accelerate this trend.
As James Cameron, director of Titanic and Avatar recently said, it will be a disaster.
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http://www.smirkingchimp.com/thread/miles-mogulescu/115772/why-there-will-be-almost-no-movie-theaters-in-5-years