Would you pay $35 to see a movie in a fancy schmancy theater?
Well, some biz investors think that some of you will!
A group that includes the Retirement Systems of Alabama pension fund are sinking $200 million to build 50 luxury movie theaters across the United States over the next five years.
The first two theaters will open up outside of Chicago and Seattle.
Each complex will sport theaters featuring 40 reclining armchair seats with footrests, digital projection and the capability to screen 2-D and 3-D movies, as well as a lounge and bar serving cocktails and appetizers, a concierge service and valet parking.
Is this all really worth $35, though?!
Theaters make their money on concessions so the high priced stuff they'll be peddling - fancy food like sushi- is what industry experts are assuming will make those investors bank. So you'd have to pay inflated food prices ON TOP of the $35 ticket!
[Image via Getty Images.]