Overview
- Fathom Entertainment said CEO Ray Nutt will retire later this year after nine years leading the specialty theatrical distributor.
- Nutt will take part in the board’s search for a new chief executive, and the company has not named a replacement.
- Under his tenure, Fathom rebranded from Fathom Events and moved from about 150 one-off events a year to roughly 100 feature releases, a shift he linked to lessons from the pandemic.
- AMC, Cinemark, and Regal executives praised Nutt’s contributions; the three chains jointly own Colorado-based Fathom.
- The slate continues during the transition, including Laika’s animated Wildwood planned for theaters in October, signaling steady programming for cinemas and audiences.