Flopbusters: Hollywood is on its knees as big movies fail at the box office - but Ireland is bucking that trend
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Flopbusters: Hollywood is on its knees as big movies fail at the box office - but Ireland is bucking that trend
"Heading to the cinema is becoming a thing of the past around the world. But why do the Irish simply refuse to quit their popcorn-laden evenings in front of a big screen? When did you last go to the cinema?"
"While statistics prove that Irish attendance rates continue to buck international patterns, the underlying trend is obvious - cinema-going is facing an existential crisis. Since the mass arrival of Netflix and other streamers in the 2010s, film studios and producers have been under increased pressure as their slice of the visual entertainment market shrinks."
Cinema-going is facing a pronounced global decline as audience habits shift away from theatrical releases. Irish attendance rates remain higher than international patterns and continue to buck that global trend. Many people still prefer communal, popcorn-laden evenings in front of a big screen. The arrival of Netflix and other streaming services in the 2010s accelerated the shift by offering convenient at-home viewing. Film studios and producers have faced increased financial and competitive pressure as their share of the visual entertainment market shrinks. The situation poses an existential challenge to traditional cinema exhibition and studio business models.
Read at Independent
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