Starting up a local cinema

[Chibson]

one of the local cinemas here doing a partnership with CGV Cinemas from Korea, so it's a win-win solution, right? @Chibson and CGV doing renovation with the old cinema to new experience with the latest technology and now it is profitable again, youngster love to spend their time in the new look of the old cinema

Good, being innovative in this kind of things will always attract young people. Young people love things that are the latest. I think it is a good idea to renovate it to attract people.

 

[RicAngelo]

I know right? @Chibson talking about cinema, we have to attract young people to come to the cinema, do not worry about the movies, every month there are several new movies release and this young generation always want to be the first one to watch the latest movie, that's a good market, though

 

[Chibson]

I know right? @Chibson talking about cinema, we have to attract young people to come to the cinema, do not worry about the movies, every month there are several new movies release and this young generation always want to be the first one to watch the latest movie, that's a good market, though

Probably, starting up a cinema business is lucrative if you're actually innovative. you should always try as much as possible to seek their opinions to know the kind of movies they like.

 

[RicAngelo]

if we have a partnership with a big distributor (I mean a film distributor), we can always get a lot of movies every month, and the cinema has some rules if in 2 days the movie is not profitable they will change it with other movies, but Movies from Marvels or DC always have a big audience

 

[Heatman]

Almost everyone love watching movies but not everyone has the needed resources to watch them, especially in rural places. Do you think setting up a small local cinema would be lucrative?

This is a business project that is capital intensive because it is going to require a lot of money for you to set it up but it is definitely going to pay very well.

 

[RicAngelo]

it does not matter if we build the cinema in a rural area, as long as we do the research first about the feasibility study and the result of the study is good, why not? Again, even if we build the small cinema, it cost a lot of capital too (the equipment is really expensive)

 

[Chibson]

if we have a partnership with a big distributor (I mean a film distributor), we can always get a lot of movies every month, and the cinema has some rules if in 2 days the movie is not profitable they will change it with other movies, but Movies from Marvels or DC always have a big audience

Nice, of course the cinema must always bring movies that will be very much interesting to the audience. That is how they generate their money.

 

[RicAngelo]

that's why I said in earlier, if we want to make local cinema, we make partnerships with film distributors (the big ones) so we can always get new supplies of movies