RoxyVaudeville wrote:
Now with 60 to 70% of theatres having converted to digital, and with many of the remaining theatres unable to afford the conversion, we will see a slowdown in new installations.
That isn’t going to happen right away as there are still a good number of theatres that need to be converted that can justify it, but the time will come in the not too distant future when those will be completed, and thousands more that can’t will be left in limbo.
At that point the digital manufacturers will be in a difficult position, as there are few new theatres being built at the present time, and the ones that have converted will not need replacements for a good number of years (we hope), and the others left can’t afford to do it. Therefore, they will have very few places to sell equipment to. Not good for their future as I see it.
They will have two avenues for future sales. The continuous upgrades for new technologies that will be available every few years, and new lower cost digital projectors for those that couldn’t afford the cost of the original ones.
Ah... Yes, low and behold, we have seen lately that several of the manufacturers are soon releasing new, much less expensive digital projectors for theatres with 30’ screens or less. Theatres with screens smaller than 30 feet probably make up 50 to 60% of all screens that now exist. I have seen cost estimates kicked around suggesting a price tag of between 30 to 40 thousand dollars, about half of the current cost. This will be a blessing for many of the small theatres that would have been forced to close. However, it will be an insult, and an un-needed financial burden to those that went out on a limb to make the conversion already when they wouldn’t have had to. Thank you Mr. Fithian (convert or die).
As for me, I have saved the money for conversion at the original price, but why spend money that you don’t have to? I can always make other improvements to the theatre. I was planning to convert next month, but have now told my installer to check out this new equipment and make recommendations. He is certified to install and maintain both Christie and Barco and feels that the quality of the new units will still be, as good as, if not better, then 35mm.
I therefore see no reason to be in a hurry, as some of this equipment is supposed to be available by this December. Waiting a few more months will not make any difference, so I will wait.
Absolutely. Sept 30 the VPF's go away and it is GAME ON. Watch prices tumble and choices multiply.