Movie Theatres in Canada
The Movie Theatres industry in Canada's performance largely depends on the success or failure of major film releases. Although per capita disposable income directly influences households' ability to spend on discretionary services, such as movies, the marketing efforts and popularity of blockbuster films strongly determine revenue, as movie-going is a relatively low-cost entertainment option. Movie attendance has stagnated in recent years, mostly due to external competition from substitute entertainment products and other ways of accessing films. These external forms of competition include online video, on-demand services, internet-enabled TVs, smartphones and tablets. Over the five years to 2024, industry revenue will continue to depend on films' ability to draw attendance and annual studio release schedules. Meanwhile, the trend toward larger multiplexes is expected to continue.
This industry comprises businesses that primarily exhibit movies. It includes cinemas, drive-in and outdoor movie theatres and film festival exhibitors.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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