John Fithian
John Fithian
biggest cinema industry threat viability
It's the biggest threat to the viability of the cinema industry today.
biggest box compared industry office temporary year
They're not terrible; they're just not as good. And so the industry has experienced a temporary drop-off compared to 2004, the biggest box office year in movie history.
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It's stunning to me, the barrage of articles about the impending death of the movie theater.
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I'm not sure who was asleep, but it wasn't the exhibition industry. Here's what we know about 2005: The movies aren't as good.
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It takes good movies and a good theater experience to bring people out. Both are happening now.
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It was a bit of a down year for theatergoing. There's been bigger down years.
business collapsing given hot issues majority private release studios vast windows works
The issues of collapsing windows will still be an important topic. But I do not think it's as hot or as controversial as it was in October. The vast majority of the studios have given us very strong, private and public, assurances that sequential release works for them as a business model.
maximize movies pattern profit reason released
The reason movies are released in this sequential pattern is to maximize profit for makers.
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We've had several years of prototype equipment. What we haven't had is fully integrated systems. That's what needs to be tested to make sure files can flow correctly and the pieces all work together.
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This is something that drives us nuts. When Wal-Mart starts putting up signs a month and a half or two months into the movie's run, that just kind of tells the consumer: 'Wait -- it's coming.
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After years of planning, developing technical specifications and considering business models, the digital-cinema revolution begins in 2006. All of those three components have come together, and deals are being negotiated now between theater companies and equipment and financial entities. It will take several years for this transition to occur, but 2006 certainly marks the beginning of the transition.
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The structure of the industry is sound, ... We just need a few more good movies.
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I don't know what's going on with consumers that they have to talk on phones in the middle of theaters.
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Simultaneous release would seriously damage the theater industry, ... death threat to our industry.