GLG Network Survey: Cinemas Market Overview

SURVEY DETAILS

GLG interviewed 70 senior executives within the cinema industry in the US and Europe.

What will you learn from this survey?

• Respondents discussed the current operational concerns within the space, such as attendance and future outlook.
• The survey also investigated the relationship between studios (such as Disney, Warner Brothers, Universal, Paramount, Sony and Lionsgate) and cinemas in the US and Europe.
• Lastly, the research gathered the experts’ views on which factors will help drive overall theatrical attendance in the coming years (2023-2025).

Examples of findings:

• Overall, 80% of respondents stated that less than 20% of their screens were permanently closed as a result of the COVID-19 pandemic.
• In Europe, 22% of the experts mentioned they expect film rental costs to increase in the coming years (2023-2025), compared to 45% recorded in the US.
• When asked which factors will help drive overall theatrical attendance in the next period, 42% respondents selected “availability of cinema subscription programs” as the most important factor.

DELIVERABLES

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, David Ownby, former EVP and CFO at Regal Entertainment Group.

The standard deliverable includes: 

• 1 x Individual responses (“raw data”) in Excel.
• 1 x PPT report with aggregated data.
• Executive summary with key takeaways and highlights from the raw data.

SAMPLE QUESTIONS

• What percentage of your company’s pre-COVID-19 screen count permanently closed because of the COVID-19 pandemic?
• In your view, how likely is it that ticket prices will increase in coming years (2023-2025)?
• In general, how do you expect the theatrical window to trend in the coming years (2023-2025) for the following types of films?
• How satisfied are you with your screen advertising provider?
• What percentage of your company’s screens currently offer premium concessions (alcoholic beverages, prepared food, etc.)?
• In your opinion, which of these factors will help drive overall theatrical attendance in the coming years (2023-2025)?

This survey is available to subscribers of the Consumer Goods and Services (CGS) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

Request other available and upcoming Network Surveys within the sector:

• Food Delivery Platforms ​– New! 
  • 50 senior executives at food delivery platforms discussed the future of the business model and operational considerations such as commission structure from restaurants and the use of drivers.
  • Questionnaire was drafted by Lila Benatoff, former Global Director at Deliveroo.

• Food Delivery Consumers ​– New! 
  • 2000 customers of food delivery platforms evaluated their use of these vendors and discussed expected expenditure on these going forward.
  • Questionnaire was drafted by Lila Benatoff, former Global Director at Deliveroo.

• Plant-based Dairy Products – New! 
  • 70 plant-based dairy product procurement professionals working across the US and Europe in supermarkets, restaurants and hotels, discussed the current market trends and demand in their region.
  • Questionnaire was drafted by David Peters, former Head of Oatly UK.

DISCLAIMER:

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription.

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG captures in the Network Survey.