Ever since the pandemic, everyone’s been predicting theaters are dead. But look at 2023: global box office hit $33.9 billion, up roughly 30% from the year before. People didn’t just stream Barbenheimer at home—they showed up in costumes, filled auditoriums, and turned it into a cultural moment. That’s the thing my opponent keeps missing: a movie theater is the only place where you share laughter, gasps, and silence with strangers. No home setup replicates that. Sure, streaming eats up smaller films, but the big event movies still need theaters. Studios know that a Marvel movie or a horror hit makes its money on the big screen first, then lives on streaming. Theaters are adapting too—better seats, dine-in, premium screens. They’re not becoming irrelevant; they’re becoming destinations. A decade is a long time, but the desire to leave your house and be part of a crowd isn’t going anywhere.
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