Michael_A._Hitt,_R._Duane_Ireland,_Robert_E._Hosk

Case 12: The Movie Exhibition Industry: 2015 C-145

Exhibit 5

U.S. Theaters Screens 2000–2014

Analog Screens

Digital Screens − Non-3D

Digital Screens − 3D

Year

Total Screens

Change from Prior Year

#

Change from Prior Year

As % of Total Screens

#

Change from Prior Year

As % of Total Screen

Est. Digital Invest. ($ mil.)

#

Change from Prior Year

As % of Total Screens

As % of Digital Screens

Est. 3D Invest.

($ mil.)

Total Digital Investment ($ mil.)

2000

37,396

37,396

100.0%

2001

36,764

−1.7%

36,764

−1.7%

100.0%

2002

35,280

−4.0%

35,280

−4.0%

100.0%

2003

36,146

2.5%

36,146

2.5%

100.0%

2004

36,594

1.2%

36,594

1.2%

100.0%

2005

38,852

6.2%

38,862

6.2%

100.0%

200

0.5%

$10

$10

2006

38,415

−1.1%

36,412

−6.3%

94.8%

2,003

901.5%

5.2%

$90

$90

2007

38,974

1.5%

34,342

−5.7%

88.1%

3,646

82.0%

9.4%

$82

986

2.5%

21.3%

$74

$156

2008

38,843

−0.3%

33,319

−3.0%

85.8%

4,088

12.1%

10.5%

$22

1,427

44.7%

3.7%

25.9%

$33

$55

2009

39,233

1.0%

31,815

−4.5%

81.1%

4,149

1.5%

10.6%

$3

3,269

129.1%

8.3%

44.1%

$138

$141

2010

39,547

0.8%

23,773

−25.3%

60.1%

7,937

91.3%

20.1%

$189

7,837

139.7%

19.8%

49.7%

$343

$532

2011

39,641

0.2%

14,020

−41.0%

35.4%

12,620

59.0%

31.8%

$234

13,001

65.9%

32.8%

50.7%

$387

$621

2012

42,803

8.0%

6,426

−54.2%

15.0%

21,643

71.5%

50.6%

$451

14,734

13.3%

34.4%

40.5%

$130

$581

2013

42,184

−1.4%

2,990

−53.5%

7.1%

24,042

11.1%

57.0%

$120

15,782

7.1%

37.4%

39.6%

$79

$199

2014

43,265

2.6%

1,747

−41.6%

4.0%

25,372

5.5%

58.6%

$67

16,146

2.3%

37.3%

38.9%

$27

$94

$1,168

$1,211

$2,379

Notes: Based on author estimates and MPAA reports on # screens. Estimated investments (cumulative) based on estimated cost of digital screen ($50,000 per installation) and digital 3D ($75,000 per installation).