Why There’s Still No Place Like a Movie Theater (Guest Column)
variety.comMichael O'Leary President & CEO, NATO As the holidays arrive and another year draws to a close, I have been reflecting on my first eight months of representing the exhibition industry.
2023 has been quite a year for theater owners and employees, and fans who love motion pictures on the big screen. From the highs of the global cultural phenomenon that was “Barbenheimer,” to the lows of a protracted labor impasse, this year has seen a little bit of everything.
Yet, on the eve of a theatrical year with challenges ahead, I am more optimistic than ever about the future of exhibition and filmed entertainment.
Let’s look at the numbers. The easiest metric is domestic box office, and 2023 will be up nearly 20% over last year, signaling a continued strong recovery.
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