The first two theatres will open outside of Seattle and Chicago, and will sell high-end luxury concessions, including pricey gourmet but theatre-friendly foods created by an on-site chef. Oxymoron, anyone?
I’d think twice before putting $35 down on a movie ticket, but each theatre will boast 40 reclining chairs with footrests (score), a full bar and concierge services including valet.
NuWire published an article not too long ago about both the benefits and implications of investing in indie films discussing its viability as an investment for the right type of investor. Entertainment execs have always claimed that the film industry is insulated from recessions, and if they are right, then this investment could actually take off. But this old-fashioned girl still prefers some homemade popcorn (extra butter, please), slippers and her own couch.
Labels: Chicago, investors, movie theatres, perezhilton.com, popcorn, Seattle, The Big Picture, Variety
