Friday, December 22, 2023 1:53:04 AM
What an eye popping post!
Thank you for digging further.
Happy to stand corrected regarding what Taylor's percentage take will be of the gross in China.
So obviously that leaves a larger portion to be shared by the Chinese government and their network of approved distributors including ABQQ and will make their "11 percent" even more significant.
I also did find the $6 average China movie ticket references but figured the Taylor Swift concert is considered to be an unusual "event" ticket.
Also why build 794 IMAX theaters all over China if you're not going to charge a higher price per ticket than the other 6,000 + "average" movie screen houses.
It's an exciting topic to be able to discuss as a shareholder because whether it's $6 $12, $13.13 or $19.89 there are a LOT of "meimei" fans in China and it's going to be a jolt of positive cash flow for a company that's busy reducing its outstanding shares via the buybacks.
Thank you for digging further.
Happy to stand corrected regarding what Taylor's percentage take will be of the gross in China.
So obviously that leaves a larger portion to be shared by the Chinese government and their network of approved distributors including ABQQ and will make their "11 percent" even more significant.
I also did find the $6 average China movie ticket references but figured the Taylor Swift concert is considered to be an unusual "event" ticket.
Also why build 794 IMAX theaters all over China if you're not going to charge a higher price per ticket than the other 6,000 + "average" movie screen houses.
It's an exciting topic to be able to discuss as a shareholder because whether it's $6 $12, $13.13 or $19.89 there are a LOT of "meimei" fans in China and it's going to be a jolt of positive cash flow for a company that's busy reducing its outstanding shares via the buybacks.
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