“Approximately 5,000 U.S. movie theaters (or nearly 5,000 to nearly 5,000 screens, with industry footprints contracting by roughly 500 to 700 locations and 3,000 individual screens overall since 2019) have closed or gone dark post-pandemic over the last five years. Plunging ticket sales compared to 2019 levels, rising lease and operating costs, fewer major theatrical releases (more woke releases), and the steady growth of at-home streaming services have accelerated the contraction.” Google AI.
“The historic Loew’s Jersey Theatre in Jersey City and the Kings Theatre in Brooklyn are two of the original 1920s “Loew’s Wonder Theatres” that underwent major multi-million-dollar restorations.” Google AI. The NY/NJ democrats would spend $225 million on renovating both theaters the majority of which was paid by the taxpayers! Given the decline of Hollywood it doesn’t seem like a great investment which in the end will be paid for by America’s Grand Kids! I hate always flogging a horse but the DEMS make it real easy for me to do this!
And that is all I’m going to say about that!
