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The Independent UK
The Independent UK
National
Lindsey Bahr

Hollywood leaders, theater owners gather at CinemaCon at a critical time in the industry

Film - CinemaCon - (AP)

The future of theatrical moviegoing is at a critical moment. More people have been going to movie theaters this year than last, but the foundation is delicate.

Annual domestic box-office grosses are still down about 20% from pre-pandemic levels, competition from streaming has only intensified and there are very real worries about what consolidation might mean for the release schedule as Warner Bros. stares down new ownership under Paramount.

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