Exhibition

Broken Box Office: Fewer Films, Higher Prices, and a Streaming-First Approach That No Longer Needs Theaters

Hollywood continues to frame the post-lockdown box office slump as a temporary dislocation, thus a function of strikes, scheduling gaps, or audiences that need to be “retrained” to return to theaters. That explanation is convenient. It is also incomplete. What the industry is confronting is not just an economic contraction, but a cultural rejection. Moviegoing has become more expensive, more politicized, less comfortable, and overall, less rewarding.