Theater Chains in Debt

Howie Movshovitz of Colorado Public Radio reports that, despite another record breaking summer at the box office, many theater chains are deeply in debt. One major reason is that they've borrowed heavily to build new, high tech theaters across the country. And as movies spend less time in theatrical release, the profits even from blockbusters aren't offsetting increasing costs.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: