Question

What unique business model can movie theaters adopt? Think of unique pricing strategies, marketing strategies, etc.​

Answer 1

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The unique business model that a movie theater can adopt would be this.

The model would be a franchise model with a combination of crowdsourcing funding to support entrepreneurs and investors to open the franchise in their location.

This business model would allow both parties to make good money, the owner of the franchise and the buyer of the franchise.

In this case, all the management and operations -including suppliers- would be part of the advantages that the buyer would acquire from the owner.

This new owner of the franchise would have to split the profits and pay the distributor of the film its respective fee.

One of the big differences from other business models in this entertainment industry is that this new franchise would have the chance to rent the facility to private events, so companies, families, or schools can spend entire hours in the movie theater, s¿using the cafeteria and other options to organize their events.