US EditionHollywood leaders, theater owners gather at CinemaCon at a critical time in the industry
Executives and theater owners are weighing consolidation and theatrical windows as annual domestic box-office grosses remain about 20% below pre-pandemic levels, Comscore said.
- Hollywood executives and movie theater owners are gathering this week in Las Vegas for CinemaCon, the annual exhibition trade show amid industry uncertainty.
- Annual domestic box-office grosses remain down about 20% from pre-pandemic levels, while consolidation concerns intensify as Warner Bros. faces new ownership under Paramount.
- Audiences show growing interest in premium large formats like IMAX and 70 mm, and wide releases have increased to 115 this year compared to 112 in 2019.
- Producer Jerry Bruckheimer will chair a newly established filmmaker leadership council for Cinema United, representing 60,000 screens, to advise on theatrical windows and consolidation.
- Bruckheimer described the current moment as a "defining point" for the industry, which awaits major December releases including "Avengers: Doomsday" and "Dune" on December 18.
48 Articles
48 Articles
Los Angeles Times
Independent EspañolLAS VEGAS (AP) — The future of going to the movies is at a critical moment.
Hollywood leaders, theater owners gather at CinemaCon at a critical time in the industry - The Morning Sun
The future of theatrical moviegoing is at a critical moment. More people have been going to movie theaters this year than last, but the foundation is delicate. Annual domestic box-office grosses are still down about 20% from pre-pandemic levels, competition from streaming has only intensified and there are very real worries about what consolidation might mean for the release schedule as Warner Bros. stares down new ownership under Paramount. It’…
Daily Journal
CinemaCon starts with box office optimism
Movie theater owners huddled in Las Vegas on Monday for their annual meeting, buoyed by optimism over the year's strong start at the box office.
Associated Press News
Hollywood leaders, theater owners gather at CinemaCon at a critical time in the industry
The future of movie theaters is at a critical point. More people are visiting theaters this year, but box-office earnings are still down about 20% from pre-pandemic levels.
Coverage Details
Bias Distribution
- 53% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
