Sony Pictures Chairman and CEO Tom Rothman delivered a fiery declaration to movie exhibitors at their big annual Las Vegas trade show, CinemaCon, suggesting the theatrical business has stared down the threat posed by video streaming and has successfully emerged safe on the other side.
“For the past three years, as the punditocracy pissed on your business, we at Sony held fast. We were the only major studio devoted entirely to theatrical,” Rothman said to applause during his Monday evening keynote. (The Penske showbiz trades were among those covering the event.) “We were sure in the conviction that movies in movie theaters couldn’t just survive, but triumph.
