Fathom Events Reports Record Revenue of $93 Million, Fueled by Faith-Based Hits Like ‘The Blind’ (EXCLUSIVE)
variety.comBrent Lang Executive Editor Fathom Events, the company best known for bringing theater, opera, live events and concerts to screens, is currently on track for gross revenues of over $93 million.
Despite the fact that the exhibition space has yet to fully recover from the Covid pandemic, Fathom is enjoying the best year in its history — it will surpass sales from 2019, previously the highest-grossing year in company history, by 116%.
For further context, Fathom reported revenues of $68 million in 2022. So what’s behind the surge? Fathom is chalking up the strong results to a pivot in business strategy for the company, one that saw it introduce a “specialty distribution” model.
The goal was to bring a wider array of content to cinemas beyond the productions of the Metropolitan Opera that helped put Fathom on the map.
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