New Cinema: From Box Office to Your iPhone

With movie admissions in the US at a ten-year low, we take a closer look at how technology is transforming the way we consume Box Office content, from the Big Screen to the Small Screen in our pockets, explore how Netflix is changing the game with multi-million dollar film productions, and consider the impact of Apple’s upcoming streaming service on the sector…

THE BOX OFFICE

Whilst, on the surface, it may appear as though consumers are spending less time and money at their local movie theatres, the American film industry generated $32 billion in revenue last year, increasing around 2 percent year on year. According to research firm IBISWorld, the industry has “grown sluggishly in recent years and movie theater growth has increasingly come from ancillary concessions,” in the coming years as major studios such as The Walt Disney Company, NBCUniversal Media LLC, AT&T Inc, Sony Corporation, and Viacom Inc announce major new titles and revive