This past week The Cinema Foundation released its inaugural State of the Cinema Industry report. The study provides industry data on the box office, North American and international screen and location counts, the average ticket price in the United States, success metrics for Cinema Days around the world, the relationship between theatrical and home releases, piracy and surveys of consumer sentiment and behavior. The report also explores industry innovations and opportunities going forward.
Some of the findings include an increase in the number of screens throughout international territories. That’s probably a good thing given there will be a 50% increase of wide releases this year compared with 2022.
“Data and research are the essential tools we use to drive forward cinema innovations,” said Jackie Brenneman, president of The Cinema Foundation. “What we found from our multiple research partners is that the future of the moviegoing experience looks bright and that a number of new opportunities exist for both exhibitors and studios.”