Whatever the article linked is about, the top level comment (and thus this thread of discussion) is about how we should shift the ratio of what movie theaters play from 99% new releases to something a bit less unbalanced.
As to whether the industry is actually doomed, it's far too early to call that, IMO. I literally asked my wife last night what she thought about movie theaters now, as I was trying to decide whether taking the kids to one this weekend was worth considering. We both sorta decided "not yet" (and my own personal experience working at a movie theater when I was younger does not make me think they're the cleanest of places).
Additionally, there's going to be slim pickings for good movies soon as I think the pipeline of stuff that was in production or delayed the release to now is used up, and the lack of much new production that happened for a year hits us for a year or so. Does that mean the industry is dead? Maybe if they can't hold on that long or find other revenue streams (and don't get a bailout), but I think it's a bit premature to be all that confident in any assessment.
As to whether the industry is actually doomed, it's far too early to call that, IMO. I literally asked my wife last night what she thought about movie theaters now, as I was trying to decide whether taking the kids to one this weekend was worth considering. We both sorta decided "not yet" (and my own personal experience working at a movie theater when I was younger does not make me think they're the cleanest of places).
Additionally, there's going to be slim pickings for good movies soon as I think the pipeline of stuff that was in production or delayed the release to now is used up, and the lack of much new production that happened for a year hits us for a year or so. Does that mean the industry is dead? Maybe if they can't hold on that long or find other revenue streams (and don't get a bailout), but I think it's a bit premature to be all that confident in any assessment.