If Theaters Want to Adapt, Exhibitors and Studios Must Work Together
Although 2015 was a record box office year, exhibitor stocks closed well below where they started. Attendance was the third lowest since 1995, having peaked in 2002. Consolidation around fewer titles " with 20 movies that made $150 million-plus driving 53% of the business vs. 33% in 2002 " meant that attendance at smaller films... Read more »