CinemaCon 2021: On Streaming and Safe Harbors
At Caesar’s Palace in Las Vegas, Nevada, on Tuesday, in his annual address to open CinemaCon 2021, John Fithian, president, and CEO of the National Association of Theatre Owners was cautiously upbeat and simultaneously defiant about the state of the exhibition business. He thanked a long list of organizations for their part in helping movie theatres survive the worst of the COVID-19 crisis and expressed the belief that, while “we have reached the light at the end of a very long tunnel” there is much more work to be done if the cinema business is to thrive. He emphasized what he and everyone who cares about the idea of seeing movies on the big screen believes to be true: “Simultaneous release does not work for anyone. A steady flow of strong movies released with exclusive windows is essential to exhibition’s recovery, and to the profitability of the entire movie ecosystem.”