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Boxoffice - May 2019

The Official Magazine of the National Association of Theatre Owners

The Official Magazine of the National Association of Theatre Owners

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CELEBRATING ADRIAN SMITH<br />

Boy, it’s been great teaming<br />

up with Adrian all of these<br />

years. What he brings to<br />

the company is textbook<br />

leadership. He has passion for<br />

the job, integrity, character,<br />

and a tireless, dedicated work<br />

ethic. Adrian has tremendous<br />

respect for his colleagues and<br />

employees, creates dynamic<br />

strategies, and has a can-do<br />

attitude for every challenge<br />

put on his plate. On top<br />

of it all, he is successful<br />

at everything that he does<br />

without ever losing his sense<br />

of humor. Not only is he<br />

great at his job, he makes<br />

all of our jobs easier in the<br />

process. And, he might be the<br />

nicest, most genuine guy you<br />

will ever meet in your life.<br />

I’m very proud to be able to<br />

count him as a close friend.<br />

STEVEN O’DELL<br />

President, Sony Pictures Releasing<br />

International, Motion Picture Group<br />

TRUST EACH OTHER, AND NEVER BLINK … THE MISSING PIECE IS NOT WHAT YOU THINK<br />

Kevin Hart, Dwayne Johnson, Karen Gillan, and Jack Black will suit up again for the next Jumanji adventure this year.<br />

it in theaters. We had a lot of help from<br />

the exhibition community; they definitely<br />

rallied behind the film and helped<br />

us keep it in theaters and relevant to the<br />

moviegoing public.<br />

From your perspective, how has the<br />

business changed the most over the<br />

past three decades?<br />

The thing that most comes to mind<br />

is that the marketplace has become<br />

more competitive. The number of films<br />

released, finding a release date—it’s a<br />

real challenge. Production and marketing<br />

costs have increased, and I guess it’s<br />

fair to say that there are so many quality<br />

forms of entertainment available for<br />

consumers that never existed years ago.<br />

It’s made competing for entertainment<br />

dollars more challenging.<br />

On the bright side, I truly believe<br />

that the one thing that has been<br />

constant—and will continue to matter—<br />

is that audiences have a desire for that<br />

shared communal experience of a movie<br />

theater. They love going to the movies<br />

with 500 of their closest friends they’ve<br />

never met before.<br />

Exhibitors have done a great job,<br />

especially in the last couple of years, by<br />

enhancing the moviegoing experience<br />

and creating an environment attractive<br />

for people to leave their homes. To their<br />

credit, they’ve invested a substantial<br />

amount of capital on premium sound<br />

or projection, on reclining seats<br />

and food services to improve the<br />

moviegoing experience.<br />

What are some of the challenges<br />

and opportunities facing theatrical<br />

exhibition in the coming years?<br />

The challenge is competing for<br />

the entertainment dollars with all the<br />

different platforms and opportunities<br />

consumers have to be entertained. As an<br />

industry we have to continue creating<br />

content that will get consumers off their<br />

couches and into movie theaters. Exhibitors<br />

have to do their part, as they have<br />

been and will continue to do, in creating<br />

environments that people really want to<br />

watch a movie in. An environment that<br />

has more to offer than what they could<br />

get at home.<br />

You’ve been very involved in industry<br />

charities, including stints on the<br />

boards of Variety – the Children’s<br />

Charity and the Will Rogers Motion<br />

PHOTO: ©2017 COLUMBIA PICTURES INDUSTRIES, INC. / ALL RIGHTS RESERVED / COURTESY OF COLUMBIA PICTURES<br />

48 MAY <strong>2019</strong>

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