In this new age of social distancing, a relic of the past is making a comeback. Drive-in movie theaters have seen an influx of business amid the coronavirus. There are 305 drive-in theaters across the country and even with restrictions from local governments closing nonessential businesses, about 8% of drive-ins have been able to stay open.
John Vincent, President of the United Drive-in Theatre Owner Association talked to Cheddar about social distancing measures drive-ins are taking. “We are going to have to make sure we have space in between cars, at least initially, this summer” said Vincent, noting that social distancing policies could be eased later on.
While drive-ins have seen success recently, the need for new movies is an on-going effort. Major Hollywood productions have been halted due to the pandemic, but Vincent said, “Drive-in’s have historically been able to do well with retro movies,” name Grease, Jaws, and Goonies as a few popular titles.
Although the popularity of these drive-in theaters has grown since the pandemic, Vincent is confident the high demand will remain once social distancing orders subside.
Taylor Swift’s camp is hitting Jack Sweeney, a junior at the University of Central Florida, with a cease-and-desist letter that blamed his automated tracking of her private jet for tipping off stalkers as to her location.
Surprise, surprise: tech is still the sector to watch, according to Karyn Cavanaugh, Chief Investment Officer at Carolinas Wealth Management. Learn how to properly diversify your portfolio.
Facebook and Instagram users will start seeing labels on AI-generated images in their feeds. Hopefully this will save time for everyone zooming in each picture to see how many fingers someone's hand has.
Seth Schachner, Managing Director at StratAmericas, weighs in on Spotify earnings and why that headline-grabbing deal with Joe Rogan could be worth that $250 million.
Mitch Roschelle, Managing Director at Madison Ventures, shares why investors may be waiting longer than expected for those interest rate cuts, and why he’s watching tech, oil, and homebuilder stocks.