A Box Office Bummer Summer and Netflix’s Impact

This summer has been anything but extraordinary for the film industry, as box office hits aren’t making the same numbers as in pervious summers. The summertime is supposed to be a buzzing time for the movie scene, as it normally accounts for almost 40 percent of the total years ticket sales, but there has been a 2 percent drop from this summer to last. The New York Times also reported that there has been a 5 percent drop in overall attendance versus last year. While the box office has seen successes in movies such as “Avengers: Endgame”, which made over $2.8 billion worldwide, there is a lack in ability to get audiences in all year round.

I personally still enjoy going to theaters and seeing movies, I find it to be a fun activity to do with friends and family, also there is something special about watching film on the big screen. That doesn’t appeal to everyone though, as the price many people can’t be justified and why leave the house when you can stream unlimited options at home. That is where streaming services like Netflix and Hulu come in.

Netflix and other services are able to score major films for their platforms just months or even weeks after these movies leave theaters and many consumers are able to wait it out rather than take the trip to the cinema. But this isn’t the only impact Netflix has on film, with the abundant high quality original content these services put out, now movies don’t need theaters to have success.

While researching this topic I found out Netflix will be releasing an original called Between Two Ferns: The Movie, a movie adaptation of the hit web series with Zach Galifianakis and I immediately watched the trailer. The movie is jam packed with well known actors and musicians ranging from Matthew McConaughey and Will Ferrell to David Letterman and Chance the Rapper. Bigger name stars are now working on original content with streaming services, so you can see a movie that is strictly on Netflix have your favorite actors.

I think this is where a lot of the movie theater appeal is lost for some people, now you can pay a monthly fee and get unlimited access to movies both old and new, so why spend $30+ on just one.

https://www.nytimes.com/2019/09/01/business/media/summer-box-office-movies.html

https://www.engadget.com/2019/09/03/netflix-between-two-ferns-movie-trailer/

One thought on “A Box Office Bummer Summer and Netflix’s Impact

  1. I agree with you. I like going to the movies as well and love seeing movies in IMAX. Recently, there hasn’t been a ton of movies that I am dying to see in theaters. Most of the time I find myself just waiting for movies to be released so I can rent it at home. I don’t think movie theaters will ever disappear but I do know a lot more people that skip out on the theaters and just wait for the movie to be released on streaming platforms.

    Like

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