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.
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Theater Chains in Debt

Only Available in Archive Formats.
Theater Chains in Debt

Theater Chains in Debt

Theater Chains in Debt

Only Available in Archive Formats.

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.