Cinema Industry Shows Mixed Results in Early 2024 Amid Strike Fallout and Strong Premium Offerings

In case you haven’t been listening to motion picture exhibition senior executives and industry pundits for the past six months, the first quarter of 2024 was forecast to be a complete wash. With the 2023 Hollywood writers and actors strikes resulting in a dearth of blockbusters in a thin release schedule, cinema operators were expecting a precipitous decline in box office, overall attendance and ultimately revenue. The success of “Avatar: The Way of Water” during the first quarter of 2023 wasn’t going to help year-over-year comparisons.

Source: Cinema Industry Shows Mixed Results in Early 2024 Amid Strike Fallout and Strong Premium Offerings – Celluloid Junkie