Collider’s own Steve Weintraub recently chatted with Tom Hanks about his upcoming western News of the World (in theaters on Christmas Day). And during the conversation, Steve asked about Hanks’ thoughts on the state of theatrical moviegoing (since News of the World will first be released to theaters) and where he thinks we’ll go from here. And Hanks answered in an extremely articulate, thoughtful way, that you can read or watch below. He has clearly been through it all and understands the business like few others and his thoughts are extremely illuminating.

“Even in Los Angeles, it’s a bit hard to go to the movies, isn’t it? You’ve got to drive, you’ve got to park, you’ve got to be there at a very certain time. I love the Arclight. There’s one in Hollywood and one close to where I live. There was a theater that was charging $27 a seat, so people would bring you nachos. They didn’t even have a snack bar that you could stand in line for, you had to pay $27,” Hanks began. “And you had to order from somebody, which means as you’re watching Rocketman, as I did, somebody comes by and says, ‘Can I get you some more cheese on your nachos?’ I said, ‘No, man, I’m good, I’m trying to watch the movie I paid $27 for.’ There is this reality of the viability of exhibiting movies that has been based on the desire for people to see the movie.”

Hanks continued: “In New York City, where I am now, it’s one of the easiest places to go to the movies. You can decide to go to the movies and be in the theater a half hour later. You can walk to one. There’s enough screens around, when the movies are open, of course, that you can go off and have a plethora of choices. Even if those choices might be the 12 movies that are playing nationally at any given time.

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