Movie Theaters Industry Overview

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Industry Description

Companies that own and operate movie theaters.

Summary

Several cliffhangers in the movie theater business have prevented motion picture exhibitors from being able to just sit back, relax, and enjoy the show. Before the US government took notice of the monopolistic tendencies of the motion picture business in the 1940s, the major Hollywood studios controlled movie exhibition along with production and distribution.

Industry Trends

Mega Entertainment Companies

Consolidation has created mega-companies that dominate the US movie theatre market. Formerly independent chains, like Loews Cineplex, UA Theatres, Century Theatres, and Hoyts, are now part of larger entertainment companies. The three largest US movie theatre companies account for over 1,300 venues and 16,000 screens domestically and abroad. Small and medium chains, usually local or regional, are potential acquisition targets.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Movie Theaters maps to a number of NAICS codes including:

NAICS
NAICS Title
Drive-In Motion Picture Theaters

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Movie Theaters industry.

Indicator
Total
NAICS Codes
2
Establishments
5,264
Sales, receipts or shipments ($1,000)
$10,837,750
Annual Payroll ($1,000)
$1,272,512
Paid Employees
129,982

Industry People



Industry Jobs

Rave Motion Pictures - Los Angeles.CA
From Rave Motion Pictures
Marcus Theatres - Saint Paul.MN
From Monster
Sonora Entertainment Group/Cinema Latino - Phoenix.AZ
From CareerBuilder