Entertainment in 2020 (part 5)

What else might become a thing of the past? Movie theaters are still around, despite the many naysayers who predict the theater industry will end. Going to the movies does remain an activity that still draws enough interest to persist, but a large portion of the movie-going populance these days seems to be teenagers who just want to get out of the house and see their friends. Home theaters have all but replaced the need to visit the theater, and the incentive is becoming even smaller as new releases find their way to streaming services only a few months after release in the theaters. A good portion (around 12%) of theater revenue is generated by teens, so higher ticket prices is not the way to go with a population that works only a few hours a week at minimum wage. Thankfully, the largest (around 25%) demographic that attends movies is ages 25-39, but statistics show that they are spending less discretionary income on the movies, attending an average of 4 times a year. Despite all this, though, movie theaters have been doing better since a huge dip in 2015, and projections have them doing even better in 2025. Perhaps the movie theater will survive this era of convenient and affordable digital access? It's fought through slumps before, but lets hope they'll use substance in their films to draw us instead of gimmicks...nobody loves the 3D glasses.