It is an important fact that technology has brought many innovations to our lives. It is possible to see our digital footprint wherever people are. While our lives and habits renew themselves in the continuous development and change of the digital world; In addition to these innovations, we are witnessing the disappearance of the old ones. Nowadays, one of them is the cinema sector. When our screens, which are renewed with technology, bring the movies that will be shown in the cinema to our homes; The joy and habit of cinema started to take its place in the dusty pages of history. Are movies and TV series in our pocket bring the end of the cinema industry? Are movie theatres dying?
What Causes The Big Decline For Cinema Industry?
The discovery of cinema was made by brothers August and Louis Lumiere in France in the 1895s. It has grown rapidly and has a global income of approximately 90 billion dollars. The course of its enormous growth has recently begun to decline severely. It is known that the number of people going to the movies has decreased significantly all over the world in recent years. For example, it is claimed that the first half of 2019 has decreased by 45 percent compared to 2018. In other words, one out of every two people does not go to movie theaters.
Many factors cause this decrease. But the biggest reason for this, as we all guess, giant companies such as Netflix. We would not be exaggerating if we say that this American-based organization, with its success in film-series production and distribution, has moved the stones of the cinema industry. Another reason for this decline in 2019 is that the movies to be released are not on time and delayed. This situation attracted the audience to the easily accessible appeal of the internet.
Online Streaming Platforms Users Increasing!
1 out of every 4 people watches movies on the internet. While this fracture experienced by the cinema industry causes a revenue loss of 35.2 percent. Also, the number of users of platforms that produce digital series and films is constantly increasing.
In the surveys, the answer given to the question of whether you prefer to watch a newly released movie in the cinema or on online platforms gives hope. Because, although the audience preferred digital to the cinema; they actually seem to have not lost their interest in cinema yet. Because 60 percent answered the question to the cinema and 40 percent to online platforms.
When the audience participating in the survey is asked whether digital platforms can end today’s cinema industry, many people are also aware of this fact. Because the answers half predicted that the digital world could end the cinema industry in the future.
We mentioned above are movie theatres dying? Do you prefer digital platforms or movie theaters to watch movies?
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