Meaning: The quote by Roger Corman, a renowned film producer and director, sheds light on the significant changes that have occurred in the film industry over the past few decades. Corman's statement reflects the substantial shift in the distribution and exhibition of films, particularly with regard to the prevalence of theatrical releases. This transformation has had a profound impact on the way films are produced, distributed, and consumed.

In the late 1950s, when Corman began his career, the theatrical release of a film was the primary and often the only means of reaching audiences. Every film, regardless of budget or production scale, was given the opportunity to be screened in cinemas. This approach provided a platform for a diverse range of films to be showcased and allowed for a wide variety of cinematic experiences to be accessible to audiences. The theatrical release was a crucial element in the film industry's ecosystem, as it served as the primary avenue for filmmakers to connect with their audiences and achieve commercial success.

However, as Corman points out, the landscape of film distribution has undergone a substantial transformation. In the contemporary film industry, the percentage of films that secure a theatrical release has dwindled to less than 20%. This shift can be attributed to a variety of factors, including changes in audience behavior, advancements in technology, and the rise of alternative distribution platforms.

One of the key factors contributing to the decline in theatrical releases is the evolving viewing habits of audiences. With the advent of home entertainment systems, streaming services, and digital platforms, audiences have increasingly turned to alternative methods of consuming films. The convenience and accessibility offered by these platforms have led to a decline in the demand for traditional theatrical experiences, impacting the distribution strategies of film studios and production companies.

Additionally, the proliferation of digital distribution platforms has provided filmmakers with alternative avenues to reach audiences. Independent filmmakers, in particular, have benefited from the democratization of film distribution, as they are now able to bypass traditional theatrical releases and directly connect with audiences through online platforms. This shift has expanded the possibilities for diverse and unconventional films to find their audience without relying solely on the traditional theatrical model.

Furthermore, the rise of blockbuster franchises and tentpole films has reshaped the theatrical landscape. Major studios have increasingly focused their resources on high-budget, effects-driven spectacles that are designed to draw audiences to cinemas. As a result, smaller and mid-budget films have faced greater challenges in securing theatrical releases, as the focus of exhibitors and distributors has shifted towards maximizing the box office potential of major releases.

Despite these changes, the theatrical release remains a crucial aspect of the film industry, particularly for high-profile releases and prestige films. The cinematic experience offered by theaters, including the immersive visuals and communal atmosphere, continues to hold value for many audiences. Additionally, the theatrical release serves as a key component in the marketing and promotion of films, helping to generate buzz and awareness that can impact the overall success of a project.

In conclusion, Roger Corman's quote encapsulates the significant evolution of film distribution and exhibition over the past several decades. The decline in the percentage of films receiving theatrical releases reflects the changing dynamics of the industry, driven by shifts in audience behavior, technological advancements, and the diversification of distribution channels. While the traditional theatrical model continues to play a vital role, the emergence of new platforms and distribution strategies has reshaped the ways in which films are brought to audiences, creating both challenges and opportunities for filmmakers and industry professionals.