Let’s face it, while mainstream media might be screaming about an economic recovery, times are still tough for many businesses all over the world. That is especially true for trade shows. No matter the industry focus, attendance at global conventions has dropped in 2009 by more than 25% in most cases. Just look at attendance at some of the annual confabs the motion picture industry holds; the Sundance Film Festival down 11%, ShoWest down 15%, NAB down 20%, the Cannes Film Festival down 30% and IBC in Amsterdam down at least 7%. That may be why at ShowEast, which was held in Orlando, Florida from October 26th to October 29th, the talk amongst delegates was as much about the trade show’s attendance as it was about 3-D, digital cinema and the upcoming blockbuster release “Avatar”.
While such conversation tends to feed on itself ultimately making mountains out of mole hills, Robert Sunshine, the Vice President of Nielsen Film Group which organizes the event, readily admits attendance at this year’s ShowEast, like most conventions around the world, was down roughly 20%. “It’s numbers that we don’t like to see,” said Sunshine. “We attribute it to the economy and we also attribute it to the fact that there are lots of [industry] conventions, there’s the major convention, ShoWest, and certain people don’t have the money to attend all of these shows so they are picking and choosing where they go.”
Another factor Sunshine might not be considering is that digital cinema is maturing, growing out of its infancy and into adolescence. The technology is responsible for one of the greatest, if not most disruptive, transitions the motion picture exhibition industry has ever seen. By now, there has been some shakeout in the number of companies who entered the digital cinema space, and those that remain are naturally looking to augment their marketing plans. This is a common trend in emerging markets and industries, though unfortunately this phenomena is taking place in digital cinema during a record setting recession.
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