Just as it seemed like the movie theater industry was heading for collapse, we've hit a recession. And this is
VERY GOOD NEWS for movie theaters, who traditionally do well in recessions, because they're a comparatively inexpensive outing.
"We're approximately two-thirds of the way through the quarter, and we are having a very good fourth quarter this year compared to last year as an industry," Regal Entertainment Group's CEO Mike Campbell said.
Are you guys going to the movies more often these days?
If so, what are you skipping out on to save money? Professional sports? Live theater? Concerts? />Just as it seemed like the movie theater industry was heading for collapse, we've hit a recession. And this is VERY GOOD NEWS for movie theaters, who traditionally do well in recessions, because they're a comparatively inexpensive outing.
"We're approximately two-thirds of the way through the quarter, and we are having a very good fourth quarter this year compared to last year as an industry," Regal Entertainment Group's CEO Mike Campbell said.
Are you guys going to the movies more often ...