Theater Owners Plan to Spend $2.2 Billion to Modernize and Upgrade Moviegoing Experience
Article continued here: https://variety.com/2024/film/news/t...ll-1236148881/
The eight biggest theater chains in the U.S. and Canada announced Thursday that they plan to invest more than $2.2 billion to modernize and upgrade more than 21,000 screens over the next three years. The investment will cover everything from improved sound and projection to upgrading dining experiences.
As theater owners work to keep moviegoing top of mind for audiences, some theater owners have been adding attractions like pickleball and ziplines in addition to upgrading their auditoriums.
“Across the industry, we’re feeling that perhaps we’ve turned a corner. The audiences are coming back to the theaters. There’s just a very positive kind of feeling about the future,” Michael O’Leary, president and CEO of the National Association of Theatre Owners, told Variety.
As theater owners work to keep moviegoing top of mind for audiences, some theater owners have been adding attractions like pickleball and ziplines in addition to upgrading their auditoriums.
“Across the industry, we’re feeling that perhaps we’ve turned a corner. The audiences are coming back to the theaters. There’s just a very positive kind of feeling about the future,” Michael O’Leary, president and CEO of the National Association of Theatre Owners, told Variety.
Comment