Patrick Corcoran, the longtime vice president at the National Association of Theatre Owners (NATO), is stepping down after 24 years, according to the trade group. Corcoran has played a significant role in NATO’s growth and has been instrumental in shaping the organization’s narrative. His departure marks the latest leadership change at NATO, which hosts the annual theater owners confab CinemaCon and acts as an advocate for exhibitors in the industry. In April, NATO’s former chief John Fithian also left the group. The article highlights the challenges facing the cinema industry and the importance of theatrical releases for profitability.
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