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Boxoffice Pro

Boxoffice Pro is the official publication of the National Association of Theatre Owners.

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for that one. But we’re renting auditoriums<br />

for $135 going through our projectors. So,<br />

we said, ‘Whoa, wait a minute, this isn’t<br />

gonna work. Give us 60 more dollars. We’ll<br />

run it through our projector.’... That was<br />

pretty creative. We had to tweak our FAQs<br />

again on that one.”<br />

Other changes didn’t involve rulebending<br />

teenagers. For private cinema<br />

rentals to have any sort of longevity—at<br />

least enough to get the industry through<br />

the pandemic—the booking process would<br />

need to be streamlined and simplified<br />

for the benefit of both the customers<br />

and the theaters. That involved another<br />

trend that’s seen a major boost during<br />

the pandemic: mobile ticketing. At AMC,<br />

previous investment in online ticketing<br />

made its private rental campaign easier to<br />

launch. Notes Noonan: “Online ticketing in<br />

general has exploded over the last decade,<br />

and AMC has invested greatly in our online<br />

ticketing technology, as well as in features<br />

that accompany online ticketing, like our<br />

website, reserved seating, and mobile<br />

ordering. Guests were already accustomed<br />

to going online to purchase tickets and,<br />

in many cases, purchase tickets well in<br />

advance of a showtime, making it easier to<br />

plan a night out with friends and family for<br />

a Private Theatre Rental.”<br />

“Bringing it online made a huge<br />

difference for us,” says Marcus Theatres’<br />

V.P. Sales Clint Wisialowski. “As much<br />

as I love my crew and our Group Sales<br />

Department, once we automated this<br />

system and allowed people to come in<br />

through what we’re calling our micro site,<br />

it dramatically changed the numbers for<br />

us. It allowed us to, with greatly depleted<br />

staff based on all the furloughs we had,<br />

monetize these private rentals.”<br />

Added to that, notes Annelise Holyoak,<br />

national director of marketing and<br />

communications at Cinépolis Luxury<br />

Cinemas, “The people that are renting<br />

[cinemas] are the millennials that are very<br />

tech savvy, and they really don’t have any<br />

interest in dealing with the sales team.”<br />

For Marcus, as they moved into April<br />

2021, the volume for private cinema<br />

rentals remained “tremendous,” says<br />

Wisialowski. “Right now, we’re booking<br />

about 40 percent more events than we<br />

had in 2019 over this first quarter.” What<br />

doesn’t match up in the current private<br />

cinema rental landscape, he notes, is<br />

attendance and revenue, which “[don’t]<br />

even compare” to what Marcus was pulling<br />

in pre-pandemic. “So, even at this volume,<br />

it’s still not significant enough for us to<br />

say that this would be our business model<br />

going forward.”<br />

“I call it the 100/100 phase,” Wisialowski<br />

continues. “When you get to 100 percent<br />

open and 100 percent occupied, this<br />

system no longer works.” It’s a sentiment<br />

echoed by other exhibitors. Deeply<br />

discounted private cinema rentals (the<br />

average event pre-pandemic at Marcus<br />

cost around $850) make sense when<br />

capacity limits and a lack of content<br />

put a cap on attendance, but once those<br />

restrictions are removed, a cinema can<br />

typically make more money on a general<br />

admission screening than they can by<br />

renting it to a small group.<br />

At Cinépolis Luxury Cinemas, private<br />

cinema rentals kicked off in a beta form<br />

in May 2020 at their Moviehouse and<br />

Eatery locations before they were even<br />

open to the public. “It was a family affair,”<br />

says Holyoak. “We had the CEO running<br />

drinks. … Having a limited menu and just<br />

opening up to those reservations made it<br />

really easy for us to get started.” Private<br />

cinema rentals later expanded to the wider<br />

Cinépolis Luxury Cinemas brand, and<br />

demand ballooned—to a point where it has<br />

outstripped supply, at least when it comes<br />

to what Holyoak terms “prime time hours.”<br />

“People are kind of frustrated that they<br />

can’t get a theater for four people, or even<br />

20 people, now that capacity is up to 50<br />

percent [in California],” says Holyoak. “It<br />

really makes more sense for us to just have<br />

it as a regular show.”<br />

In April 2021, B&B Theatres stopped<br />

letting people rent its cinemas to watch<br />

older titles on weekends. Even a multiplex<br />

with a dozen-plus screens, argues Tickner,<br />

needs to devote most of those screens to<br />

Once those restrictions are<br />

removed, a cinema can<br />

typically make more money<br />

on a general admission<br />

screening than they can by<br />

renting it to a small group.<br />

Q2 2021<br />

47

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