View Full Version : Paycom Drive-In Theater



Pete
12-07-2020, 01:42 PM
Paycom has submitted plans to create a 500-car capacity drive-in theater and food truck park on the property they own just east of their corporate campus.

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Thomas Vu
12-07-2020, 01:45 PM
Not a bad idea haha.

shawnw
12-07-2020, 01:48 PM
This is a great use of otherwise non-productive land. I was wondering if we'd see a post-covid new-build drive in boom or not...

Not super excited about another car-heavy thing in a congested area but I like wasn't a fan of drive-ins declining either.

DowntownMan
12-07-2020, 01:54 PM
Interesting idea

Pete
12-07-2020, 02:06 PM
Drive-in movies only show after dark, which means the rush-hour traffic due to employees will have dissipated.

DowntownMan
12-07-2020, 03:32 PM
Creative way to add more parking as well for future employees.

dankrutka
12-07-2020, 06:35 PM
This would have been a great project to start 9 months ago. Now, it'll get built right as the pandemic ends.

Paule4ou
12-07-2020, 07:37 PM
Is this a project open to the public or just Paycom employees/families?

Pete
12-07-2020, 07:46 PM
Is this a project open to the public or just Paycom employees/families?

Their PR person told me it will be for Paycom and their community partners.

Plutonic Panda
12-07-2020, 08:14 PM
Well that is lame. I wonder how busy it will stay. It seems like this could be a good way to make extra money, though it’s not like Paycom needs it.

shawnw
12-07-2020, 10:08 PM
Their PR person told me it will be for Paycom and their community partners.

Oh. I thought this would be open to the public. I change all my answers.

bombermwc
12-08-2020, 06:26 AM
Well if they were creating it as a profit venture, then they could stop before they start because the concept is dead other than as a nostalgia piece. Count how many are left in OKC now and look at how UNbusy they are, even during the pandemic. If you aren't focused on making profit and just as making it as a perk for employees or your partners, well that's another thing. That means it will probably not be offered on a nightly basis or anything like that. I'm betting at most, a weekly show. The more they can encourage a large audience at a time, the more efficient it is and the better the crowd for the food trucks too. Definitely weird.

David
12-08-2020, 08:21 AM
I'm suddenly wondering who Paycom sees as their community partners. Does that include their clients?

DowntownMan
12-08-2020, 08:57 AM
I'm suddenly wondering who Paycom sees as their community partners. Does that include their clients?

Iím wondering if they let non profits run movie nights as fundraisers. Then use it for company events

ksearls
12-08-2020, 09:01 AM
Downtownman - I was just typing this! - As a marketing person and former event marketer and producer, I think this is a great idea! Paycom can sponsor and host all sorts of nonprofit events and fundraisers with their name as presenting sponsor just for the use of the space. Concerts, movie themed parties, drive-in awards dinners - all sorts of possibilities. My crystal ball says social distance events are here to stay for a while.

Pete
12-08-2020, 09:39 AM
^

I'm sure that's exactly what they'll do.

No matter what happens, it's going to take a while before people start returning to theaters.

jedicurt
12-08-2020, 10:48 AM
movie Theaters were hurting before the pandemic. those that do the destination events, like Alamo Draft House and others were doing well. but massive chain theaters were already hurting. so i think we might never see moving going exactly the way it was before

sooner88
12-08-2020, 11:04 AM
movie Theaters were hurting before the pandemic. those that do the destination events, like Alamo Draft House and others were doing well. but massive chain theaters were already hurting. so i think we might never see moving going exactly the way it was before

The transition is already here: https://www.nytimes.com/2020/12/03/business/media/warner-brothers-movies-hbo-max.html

Brett
12-08-2020, 11:23 AM
I wonder what the Paycom shareholders think about this antiquated idea. :confused:

DowntownMan
12-08-2020, 11:49 AM
I wonder what the Paycom shareholders think about this antiquated idea. :confused:

Probably a nice way to build a parking lot but make it have benefits for community as well

jedicurt
12-08-2020, 04:03 PM
I wonder what the Paycom shareholders think about this antiquated idea. :confused:

well... looking at their stock price today... pretty okay with it.

Pete
12-08-2020, 04:06 PM
Paycom also paid over $19 million for that vacant land last year, so comparatively this is a drop in the bucket.

OKCisOK4me
12-08-2020, 07:14 PM
Some residents of that apartment complex to the NE will get free viewings!

shawnw
12-08-2020, 07:26 PM
I wonder if the radio signal with the sound is strong enough to reach them

Teo9969
12-08-2020, 07:58 PM
I wonder what the Paycom shareholders think about this antiquated idea. :confused:

Paycom shareholders don't seem to be too interested in profit considering current share price vs. net profit is closer to a 100-year return of premium than it is a 10-year return of premium.