6 pieces
Taylor Swift's Eras Tour theatrical release grossed approximately $262 million worldwide in 2023. A year later, the specific distribution model it demonstrated is producing more concert films, and more questions.
Mubi, once a streaming service with a small cinema programme, has become one of the most active theatrical acquirers in the independent market. The Substance made it profitable. What it does next is the question.
The annual exhibitors' convention in Las Vegas is the single best public signal of the theatrical industry's mood. 2025 was cautiously better than 2024, and the studios noticed.
Sean Baker's four-award sweep for Anora at the 97th Academy Awards was the industry headline. His acceptance speech, which explicitly called on audiences to see films in cinemas, was the industrial subtext.
The 2024 global theatrical year closed near $30 billion, below the pre-pandemic benchmark and below public targets. The shape of the shortfall is more informative than the headline.
AMC Entertainment is still the largest movie-theatre chain in North America. It is also still, by several measurable metrics, insolvent. How is both of those true at the same time?