Even The Academy Quietly Warns: Moviegoers May Break The Habit

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Even The Academy Quietly Warns: Moviegoers May Break The Habit
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In or around 1976, I caught a forlorn moment near New York’s Bleecker St. It was early morning. The sun was just up. Two ragged guys were shuffling toward me on the sidewalk, when one offered the o…

to have performed at the level of a box-office hit, though it’s hard to know exactly what that means, given the low-price of subscription streaming and Apple’s free-trial option. Spike Lee’sBut watching films is, or was, a reliable habit, and sometimes an addiction. In the 1980s, savvy marketers used to talk about the “wheel of movies.” Hits breed hits, they said. Trailers attached to aNow, the theatrical wheel has almost stopped, and streaming has radically different dynamics.

Early this month, even the Academy of Motion Picture Arts and Sciences, the ultimate film booster, quietly acknowledged that the movies may suffer very deep damage from the virus. In a July 3 posting of a disclosure document for its latest round of museum bonds, the Academy expanded a list of risk factors to include a potential “decrease of popularity of motion pictures,.”

Noting that the next Oscar ceremony and the museum opening have already been delayed until next April, the risk warning added: “In the event the pandemic continues through the end of 2020 and the beginning of 2021, attendance and operation of the Academy Museum may be adversely affected and the broadcast of theOn the bright side, old habits die hard.

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