Comment Re: surprised it's that high (Score 1) 162
1) Economics:The cost to build and operate a business has no bearing on the value of the service or product they deliver. If the value of their product is less than the cost to operate and provide, the business will close. Businesses (and industries) close all the time.
2) I have no distaste for theaters. I only expressed distaste for tobacco smoke damaging my drive-in experience. My argument is that the value proposition has shifted since the widespread adoption of very large home televisions, sound systems and the ease of home viewing. When value drops and prices rise, that is a harbinger for a business to fail. I have seen many, many theaters close in my area since the 90s; probably half of the screens. The newer style auditoriums and seating in many chains are an attempt to change the value proposition. Whether or not it works long term remains to be seen.