Hoyts Group CEO Damian Keogh is confident the business will rebound strongly once there is a steady flow of new releases.
Warner Bros' 'Tenet' reigned in its second weekend while Disney's 'The New Mutants' opened meekly as the long, slow road to recovery for Australian cinemas continues.
Five new mainstream titles entered the market last weekend - but none could beat the third frame of Warner Bros' Tenet, which is benefiting from repeat business.
The closure of cinemas in Australia, the US and many other markets is resulting in a steady stream of movies going straight to digital platforms.
Exhibitors despaired as none of the new releases last weekend could catch the fourth frame of Warner Bros' 'Tenet' and no title cracked $1 million.