In 2019, there were 39% fewer wide release titles (1,000+ screens) in this category than in 2004 which brought in – wait for it – 39% less box office ($1.68 billion in 2019 vs $2.75 billio...
Major studios have too high a market share, giving them too much power over exhibition – 73% in 2023, though down from the peak. That lower share is due somewhat to the lower number of wide rele...
By contrast, European theatrical markets with robust local film industries have returned to positive EBITDA and cash flow with many territories all or nearly recovered based on box office in 2023 comp...
Instead, the industry relies heavily on “comps” as the key data driving distribution decisions and box office expectations. This data is necessarily backwards looking and fails to leverage...