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

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Mooshtaffa Platforms

Mooshtaffa

60 episodes

1 week ago

I am Zimasa Vabaza, more commonly known as @mooshtaffa on social media. I created this platform because of the love I have for simplifying socio-economic knowledge around South Africa, SADC, Africa, & the globe. Here we cover small & big stories that matter—stories that you should know but from a different, less explored perspective. We also host podcast-style conversations with interesting people. We hope you will watch, engage, and enjoy.

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I am Zimasa Vabaza, more commonly known as @mooshtaffa on social media. I created this platform because of the love I have for simplifying socio-economic knowledge around South Africa, SADC, Africa, & the globe. Here we cover small & big stories that matter—stories that you should know but from a different, less explored perspective. We also host podcast-style conversations with interesting people. We hope you will watch, engage, and enjoy.

Show more...

News Commentary

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

Mooshtaffa Platforms

10 minutes 44 seconds

3 weeks ago

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

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?