Boxoffice Pro - April 2020

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THEATER CINEMA SHOWCASE talk about that. I was president of the major downtown Atlanta Rotary club 30 years ago, and I had to give a talk to 300 people that were executives in the Atlanta area. I had just read the book Megatrends by John Naisbitt. He was talking about where society was going, about high-tech, high-touch—that people still wanted to communicate and be together. In the book he quoted an Arthur D. Little study from the mid-’70s that said in 10 years there would be half the number of theaters in the country, and the sales would be reduced by 25 percent. And in those 10 years in the mid-’70s and mid-’80s, the grosses doubled. So forecasting is very difficult in this business. “I was born in 1946, the worst time of the business because of the advent of TV after World War II. And I had to listen to my father and my grandfather for the first 10 or some years of my life talking about the decline. The business went from something like 4 billion admissions to 800 million between ’46 and ’57. Then today, we’re between a billion two and a billion four or five. So it’s actually somewhere in the late ’50s, early ’60s that it bottomed out. And then it’s had modest growth, perhaps not keeping up with population growth, but sales meanwhile have steadily increased. Even this last year was the second-best year domestically and the best ever worldwide.” Though he says that he worries about closing theatrical windows like everyone else in the theatrical business, “I like to believe that because of the world market, which is now over 70 percent of the gross sales of the Hollywood companies, likely they’re going to want to keep the model pretty much like it is. I’m pleased that Bob Iger and Disney have told us what they’re going to be releasing in theaters in the next nine years at Christmas. I just read Iger’s book, which was interesting. As I see it, he’s not ready to give up on us. They’re creating content and they’re building product to sell at their parks.” Stembler doesn’t see dramatic growth on the horizon, “but I think there are natural markets that we serve, which includes grandparents taking their grandchildren to the show, and the young dating crowd. My children take their children to the movies all the time. I think it will still be there unless they take the product away from us.” The veteran exhibitor calls his years in the theater business “a fun legacy.” After law school, he tried working for the Securities and Exchange Commission for a couple of years and was miserable. “I said, I’ve gotta do something that’s fun. And that’s what I’ve gotten to do for over 50 years.” Stembler cites other circuits like Marcus Theatres and Harkins Theatres as part of a proud exhibition tradition, the “family specialized little business. … A lot of the high-tech people don’t want to touch it, but we love it and we believe in it. And so far, so good.” His decision to give his business to his employees keeps that tradition alive. “One advantage of selling to an ESOP is that your culture gets to go on, versus when you go elsewhere—it all changes and you don’t have the same joy of watching the business.” 168 <strong>April</strong> <strong>2020</strong>
COMING SOON FROM THE TRUTH IN THEATERS MARCH 20 The Truth Directed by Hirokazu Kore-Eda STARRING Catherine Deneuve, Juliette Binoche, Ethan Hawke IN SELECT THEATERS STARTING MARCH 20 The Painted Bird Directed by Václav Marhoul STARRING Petr Kotlae, Udo Kier, Lech Dyblik, Jitka Čvančarová, Stellan Skarsgaard, Harvey Keitelk, Julian Sands, Aleksey Kravchenko, Barry Pepper IN SELECT THEATERS STARTING APRIL 17 The True History of The Kelly Gang Directed by Justin Kurzel STARRING George Mackay, Russell Crowe, Nicholas Hoult, Essie Davis, Charlie Hunnam, Thomasin Mckenzie, Sean Keenan, Earl Cave, Marlon Williams, Louis Hewison, Orlando Schwerdt IN SELECT THEATERS STARTING APRIL 24 Made In Italy Directed by James D’Arcy STARRING Liam Neeson, Micheál Richardson, Lindsay Duncan, Valeria Bilello COMING SOON
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$6.95 / April 2020 The Official Mag
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experiences. delivered. From server
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60K 0K lumens 8K 50K 60K 12K 45K Fl
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+1 MILLION SEATS SOLD WORLD WIDE +4
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CONTENTS INDUSTRY THEATER ON SCREEN
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EXECUTIVE LETTER ONE HUNDRED YEARS
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April 2020 13
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INDUSTRY TRADE TALK TRADE TALK SHOW
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INDUSTRY TRADE TALK CINEASIA SETS R
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INDUSTRY TRADE TALK KINEPOLIS REPOR
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INDUSTRY TRADE TALK CONNECTICUT’S
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INDUSTRY TRADE TALK AMC BENEFITS FR
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INDUSTRY TRADE TALK Image courtesy
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INDUSTRY TRADE TALK SAMSUNG UNVEILS
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INDUSTRY TRADE TALK Image courtesy
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Image courtesy Cinemark CINEMARK PR
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“Our distribution partners have g
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Pioneers of cinema screen technolog
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ALWAYS A GOOD FIT The Best of Both
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INDUSTRY UNIC EUROPEAN PERSPECTIVE
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INDUSTRY CHARITY SPOTLIGHT CHARITY
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BID WIN HELP KIDS VARIETY CHARITY A
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INDUSTRY CHARITY Images courtesy Va
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INDUSTRY MPA Image courtesy Motion
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INDUSTRY BIG DATA CONNECTED AUDIENC
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INDUSTRY BIG DATA Relationship Betw
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INDUSTRY BIG DATA Cinemagoing in Eu
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INDUSTRY BIG DATA The success of th
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INDUSTRY INDIE INFLUENCERS All imag
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INDUSTRY INDIE INFLUENCES INFLUENCE
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Image courtesy Cineplex Entertainme
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In the 1950s, the theatrical indust
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company Tri-Dem claimed it had crea
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New Products 79 | Awards 132 CINEMA
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make a Colosseum presentation, that
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CINEMACON 2020 PREVIEW powerful, wi
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CINEMACON NEW PRODUCTS NEW PRODUCTS
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THE GLOBAL LEADER IN DIGITAL CINEMA
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WE MAKE A DYNAMIC DUO NCM produces
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Optimized Auditoriums Perform Bette
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NYC COA #5759 • IF YOU CAN POP IT
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Visit during CinemaCon in in Las Ve
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Cinemeccanica Booth: 2515A cinemecc
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D Deel Media Booth: 718J deelmedia.
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CINEMACON NEW PRODUCTS Entertainmen
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CINEMACON NEW PRODUCTS Figueras Boo
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The hardest working seat in show bu
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CINEMACON NEW PRODUCTS L Lino Soneg
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QUALITY YOU CAN FEEL. VISIT US TODA
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O Octane Seating Booth: 2711A octan
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CINEMACON NEW PRODUCTS POSitive Cin
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CINEMACON NEW PRODUCTS Promotion In
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Page 131 and 132: PREMIUM PROJECTION SCREENS FOR 2D &
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Page 135 and 136: V Venue Valet CallConnect Booth: 10
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Page 140 and 141: CINEMACON PASSEPARTOUT AWARD At the
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Page 144 and 145: Congratulations Bill LeClair Recipi
Page 146 and 147: Congratulations To The CinemaCon 20
Page 148 and 149: To all of the 2020 CinemaCon Award
Page 151 and 152: CINEMACON NATO MARQUEE AWARD Image
Page 153 and 154: CINEMACON NATO MARQUEE AWARD “The
Page 155 and 156: Anniversary 152 | Tech 162 | Cinema
Page 157 and 158: Image courtesy AMC Theatres In the
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Page 163 and 164: A DECADE OF GROWTH Strides Made by
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Page 167 and 168: Premium large-format (PLF) screens
Page 169 and 170: Image courtesy CGR Cinemas ICE Thea
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Page 180 and 181: ON SCREEN COMING ATTRACTIONS F9 May
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Page 212: MARKETPLACE Our Sponsors Advertiser
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Boxoffice Pro - April 2020

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