#SHSI Episode 56 - Inside South Africa's Cinema Collapse: What's Really Happening?

14/10/2025 10 min Temporada 1 Episodio 56

Listen "#SHSI Episode 56 - Inside South Africa's Cinema Collapse: What's Really Happening?"

Episode Synopsis

South Africa's cinema industry is in freefall. Over the past decade, we've lost a third of our movie theatres, with iconic venues like Cavendish Square closing their doors forever. But what's really behind this dramatic decline?In this video, we unpack the perfect storm destroying South African cinemas:How Ster-Kinekor and Nu Metro lost 25 cinema locations in 10 yearsTicket prices that have TRIPLED since 2014The Netflix effect and streaming's devastating impactWhy a family night out now costs over R1,000Economic pressures, load shedding, and pandemic falloutThe fight back: Can innovation save our cinemas?From R50 throwback screenings to luxury VIP experiences, we explore how cinema chains are desperately trying to stay relevant in the age of streaming. Is this the end of the big screen experience, or just the beginning of a new chapter?📊 Key Stats:33% reduction in cinema locations (2015-2025)Ster-Kinekor closed 21 theatres (38% decline)Ticket prices increased 100-209% in a decadeGlobal cinema attendance dropped 8.8% in 2024💬 What's your take? When was the last time you went to the cinema?

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