.widget.ContactForm { display: none; }

Wednesday, March 3, 2021

GIANTS OF EXHIBITION 2021

After five consecutive years of more than $11 billion in revenue at the domestic box office, the exhibition market came to a violent halt in March 2020. The biggest crisis in the industry’s history wasn’t brought about by familiar threats like home entertainment or piracy; instead, it was a global pandemic, of a scale not seen in at least a century, that plunged exhibition into the sort of existential crisis it had managed to avoid for generations. A promising start to the year sputtered to an alarming $2.25 billion in ticket sales, an 80 percent year-over-year drop.

While there remains to be a full accounting of the long-term damage caused by the pandemic’s economic disruption, changes to the traditional theatrical exclusivity model have already been felt at circuits across the nation. Yet despite the myriad challenges that exhibition faced in 2020, the industry rallied to persevere. Concession stands opened at theaters that were otherwise closed nationwide, pop-up drive-ins helped keep moviegoing alive during the summer months, and gift card drives provided a small respite for cinemas waiting to reopen. 

The reopening effort was fractured and presented its own challenges. After closing in March, major markets like New York City and Los Angeles never came back online, while other locations went through a series of openings and lockdowns with little to no warning for the business community. Those cinemas that could open were limited by a scarcity of new releases from major studios.

With the odds stacked against them, exhibitors have been strikingly resilient, despite the mounting woes of 2020. This year’s Giants of Exhibition ranking stands as a testament to the industry’s flexibility and resolve.

This image has an empty alt attribute; its file name is Screen-Shot-2021-02-22-at-2.51.17-PM-1024x221.png
Rank Company City State Founded Screens Locations
1 AMC Entertainment Leawood KS 1920 7,800 600
2 Regal Cinemas Knoxville TN 1989 6,989 527
3 Cinemark USA Plano TX 1984 4,517 331
4 Cineplex Entertainment Toronto ON 2003 1,657 161
5 Marcus Theatres Milwaukee WI 1935 1,097 89
6 Harkins Theatres Scottsdale AZ 1933 501 33
7 B&B Theatres Kansas City MO 1924 429 49
8 Malco Theatres Memphis TN 1915 363 35
9 CMX Cinemas Miami FL 2016 341 31
10 Landmark Cinemas of Canada Calgary AL 1965 334 46
11 National Amusements (Showcase Cinemas) Norwood MA 1936 321 24
12 Alamo Drafthouse Cinema Austin TX 1997 317 41
13 Studio Movie Grill Dallas TX 2000 294 27
14 Caribbean Cinemas San Juan PR 1968 281 32
15 Cinépolis Luxury Cinemas Dallas TX 2011 276 28
16 Southern Theatres New Orleans LA 2003 266 18
17 Georgia Theatre Company Saint Simons Island GA 1992 263 25
17 NCG (Neighborhood Cinemas Group) Owosso MI 1983 263 27
19 Premiere Cinema Corp. Big Spring TX 1993 259 23
20 Emagine Entertainment Troy MI 1997 255 21
21 Reading Cinemas USA Culver City CA 2000 238 24
22 Pacific Theatres/ArcLight Cinemas Los Angeles CA 1993 234 17
23 Regency Theatres Agoura Hills CA 1996 206 28
24 Landmark Theatres West Hollywood CA 1974 201 40
25 GQT Movies Grand Rapids MI 2020 200 25
26 UEC Theatres Maple Grove MN 1993 191 22
27 Galaxy Theatres Sherman Oaks CA 1998 186 16
28 Larry H. Miller Theatres (Megaplex Theatres) Sandy UT 1999 176 15
29 MJR Digital Cinemas Bloomfield Hills MI 1980 164 10
30 Marquee Cinemas Beckley WV 1979 163 15
31 Bow Tie Cinemas Ridgefield CT 1900 156 20
32 Cinema West Petaluma CA 1984 154 14
32 Cinema Entertainment Corp. Waite Park MN 1964 154 19
34 Coming Attractions Theatres Ashland OR 1985 153 18
35 Flagship Premium Cinemas Cambridge MA 1995 149 19
36 Celebration Cinema By Studio C Grand Rapids MI 1944 145 11
37 Epic Theatres Deltona FL 2003 144 12
37 Phoenix Theatres Knoxville TN 2001 144 14
39 Cinémas Guzzo Terrebonne QC 2003 133 9
40 Classic Cinemas Downers Grove IL 1978 131 15
41 R/C Theatres Reisterstown MD 1932 119 13
42 iPic Theaters Boca Raton FL 2007 116 15
42 Allen Theatres Las Cruces NM 1912 116 17
44 Santikos Entertainment San Antonio TX 1948 115 9
45 Xscape Theatres New Albany IN 2013 108 8
46 Mitchell Theatres Elkhart KS 2005 107 15
47 Southeast Cinema Entertainment Charlotte NC 2003 104 9
48 R.L. Fridley Theatres Des Moines IA 1972 98 18
48 Kerasotes ShowPlace Theatres Chicago IL 1909 98 7
50 Picture Show Entertainment Colorado Springs CO 2003 96 11

The post GIANTS OF EXHIBITION 2021 appeared first on Boxoffice.



from Boxoffice

0 comments:

Post a Comment