CinemaCon Wrap: The Industry Is Back, while “Simultaneous Release Is Dead”
Interestingly, CinemaCon 2022, which gathered several thousands of exhibitors from all over the world in the Colosseum at Caesars Palace for four intense days of presentations by Hollywood studios, kicked off with National Association of Theatre Owners CEO John Fithian declaring that “simultaneous release is dead as a serious business model, and piracy is what killed it”. Yesterday was the final day of CinemaCon 2022 packed schedule wrapped up with Lionsgate presentation of the studio’s slate that followed two full days of exciting events by The Walt Disney Studios, Universal Pictures, and Paramount Pictures Studio expressing their confidence in the fact that moviegoers are back to theaters, and so is the industry, and sharing their release plans for the coming months ahead.