The Maryland Film Festival has been postponed until spring 2024, organizers announced Monday, “to provide time to recalibrate its business model amid major changes in the film industry.”
The festival was slated to celebrate its 25th anniversary next year, but will instead do so in 2024.
“The Board of Directors made the decision to postpone the 2023 festival as we chart a sustainable plan to continue bringing films, filmmakers and audiences together in Baltimore,” Board Chair Scot Spencer said in a statement. “We decided it was prudent to take a step back and spend the next several months crafting a new business model. Our goal is to ensure that the organization remains a vital community asset for years to come. And we are confident that we will mount a wonderful 25th Maryland Film Festival in 2024.”
The COVID-19 pandemic and other factors have caused “dramatic changes in moviegoing … that have affected theaters across the country and are still shaking out,” the festival’s organizers said.
“As with all theaters, we have seen major changes in moviegoing amid the enduring pandemic, which has led to smaller audiences and less revenues,” Executive Director Sandra Gibson said in a statement. “We recognize the importance of developing a revised business model and plan that reflects changes in moviegoing and supports the organization’s sustainability over the long term.”
The Maryland Film Festival will work with a consultant to create a new business model for the organization in the next several months.
The Maryland Film Festival, which owns and operates the SNF Parkway Theatre in the Station North Arts and Entertainment District, celebrates independent films and filmmakers both locally and globally.