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Blog #38 If Cinema is Dying, What will Replace it? These 5 things.
Cinema is dying, according to some, which begs the question: what/who will replace it?
First, a statistic: “Cinema ticket sales decreased by 8.8 percent globally in 2024 compared to the previous year, marking the first annual decline since the COVID-19 pandemic, as reported by the European Audiovisual Observatory (EAO) in Cannes on May 15.“ (seen here: https://www.torontofilmmagazine.com/post/global-cinema-attendance)
You’re reading this in 2026 or later, which means the number is going to have fallen further, given the latest trends.
Time to panic?
If you are the owner of a cinematic theatre…more than most.