Tear Down The Theatre?

The owners are not going to turn the 2 theaters into a memorial. They will close the whole place for a while, remodel, rename and resume business. If somebody wants a memorial put it in a nearby local park or some other city property.

Theaters are barely making money now. You think they're really going to invest in remodel or rebuilding? I see them going out of business at that location and cutting their loses.

Raees wrote: Theaters are barely making money now. You think they're really going to invest in remodel or rebuilding? I see them going out of business at that location and cutting their loses.

I have never been there, but the impression I got from the Post today is that this theatre is not that old, part of the re-imaging of the old Aurora Mall.

Maybe they will sell it to another theatre chain to remodel.

Raees wrote: Theaters are barely making money now. You think they're really going to invest in remodel or rebuilding? I see them going out of business at that location and cutting their loses.

Really? Not according to Forbes.

From A Forbes article dated May 4th 2012

It looks like American consumers are still going to the movies; on May 1, RGC reported total revenues for first quarter 2012 were $684.9 million compared to $570.9 million in the same period in 2011.

More impressive was the turnaround to a profit of $46.3 million first quarter 2012 compared to a loss of $(23.6) million in first quarter 2011. Earnings per share came in at $0.30 for the first quarter of 2012 versus a loss of 15 cents in the same period in 2011. It managed to not only beat, but double the Zacks Consensus Estimate of 14 cents.

Historically aren’t bars and movies pretty recession proof as the masses escape the woes of a recession into the fantasy world of the silver screen?
Of course theater stocks dropped as a result of the recent shooting.

I would imagine that the execs of this chain are weighing their options and deciding what to do.

You would imagine right.

Is Security the Last Straw for Movie Theaters?

http://www.hollywood.com/news/Movie_The ... g/34833213

Raees wrote: You would imagine right.

Is Security the Last Straw for Movie Theaters?

http://www.hollywood.com/news/Movie_The ... g/34833213

Are you comparing an editorial from Hollywood.com to a factual financial analysis by a leading financial news outlet?

OK, I was wrong. Theaters are in great shape.

The Columbine memorial reminds me that two maniacs walked into a HS and shot and killed people. It is a reminder of their actions, not a reminder of the victims and their lives.

A few homemade wooden crosses, some mylar ballons and maybe a little stuffed bear behind the theater should suffice. If its good enough for car accident fatalities...

And the kids going to Columbine now as well A Platte Canyon neither relate or know who or what happened so again this will pass.

I find myself agreeing with BM, VL, MP, whateveer.