Week 16: EOTO pt.2

While reading the article How Covid-19 has impacted Media Consumption by generation, it reminded me of the movie Trolls World Tour. Before the quarantine Trolls World Tour was set to release in the theaters but they could not release it in theaters due to them closing down. So they released Trolls World Tour on streaming services and it made $100 million in 3 weeks. Which led to the question are movie theaters even important anymore. Universal Studios made more money with people being home than they would have ever in theaters.

This relates to How Covid-19 has impacted Media Consumption, by generation, because the article talks about how people have more time to kill. That article discusses how Global Web Index found that 80% of consumers have consumers more content since being in quarantine. This made me realize would Trolls World Tour have been such a higher selling movies if people were forced to stay home.

Therefore, it made me realize that in the next couple of year a lot of business will move towards online, seeing how well they are doing in quarantine compared to any other time of the year. If movie realize that they can make $100 million in 3 weeks without theater, then I believe in the next few years movies theaters will be out of business.

https://www.visualcapitalist.com/media-consumption-covid-19/