At nail-biting CinemaCon, the future of Hollywood teeters on the edge of a cliff

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At nail-biting CinemaCon, the future of Hollywood teeters on the edge of a cliff
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From the frontlines of CinemaCon, the theme of moviegoing is survive until 2025, and maybe things will be alright

Chris Aronson , President of Domestic Distribution, Paramount Pictures arrives onstage dressed as a Gladiator during Paramount Pictures presentation at The Colosseum at Caesars Palace at CinemaCon 2024 in Las Vegas, Nev., on April 11.of film-industry boosterism hosted by the National Association of Theatre Owners in Las Vegas might be a nail-biting cliffhanger complete with a “To Be Continued ... ?” tag.

And then there is the possibility that this year will close out with one or even two fewer studios existing in their current form, thanks to both Paramount and Warner Bros. Discovery becoming coerced participants in the sopping mergers-and-acquisitions fantasies of Wall Street.Dwayne Johnson performs onstage with dancers during the Walt Disney Studios presentation at CinemaCon in Las Vegas, Nev. on April 11.film will surely save us all.

”I think the big story of this CinemaCon is not that the business model has been broken, but that, as I look ahead, in 2025 and 2026, our industry is going to be healthy and robust and strong again,” Adam Aron, chief executive of AMC Theatres, told the crowd, without elaborating on what happens in the meantime.

Sony Pictures opted out of attending, reportedly for cost-saving measures, ceding attention to its rivals Warner Bros. Discover, Universal, Paramount, Disney, and Lionsgate. Despite getting into the go-big-or-go-home theatrical game with Martin Scorsese last year, Apple TV+ was nowhere to be found.

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