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Landmarks Theatre President Suddenly Quits. Is The Quality Movie Business In Jeopardy?
Ted Mundorff: “Since 1927, attendance has gone down, though box office remains the same. It usually sits around $10 and a half billion dollars. I’ve always been very bullish on movie theaters, and I don’t think they are going away, but I do think these past two years we have seen closures of theaters.” – Deadline