The entire exhibitions industry in the United States of America has filed for bankruptcy.
Meaning of the quote
The exhibitions industry in the United States, which includes things like movie theaters and other places that put on shows, has all declared they are going out of business. This means they don't have enough money to keep operating and have had to shut down.

About Jeffrey Katzenberg
Jeffrey Katzenberg is an influential American media executive and film producer. He served as the chairman of Walt Disney Studios and later co-founded DreamWorks SKG, where he oversaw the production of popular animated franchises like Shrek and Kung Fu Panda. Katzenberg has also been active in politics, supporting Democratic candidates and serving as a campaign co-chair.
More quotes from Jeffrey Katzenberg
I know what we do really well – I just try and keep us focused on doing that.
American film producer and media proprietor (born 1950)
The entire exhibitions industry in the United States of America has filed for bankruptcy.
American film producer and media proprietor (born 1950)
I have a very difficult time getting the Napster world.
American film producer and media proprietor (born 1950)
What I love most about animation is, it’s a team sport, and everything we do is about pure imagination.
American film producer and media proprietor (born 1950)
I love to look at The Graduate, or Lawrence of Arabia, or things I had nothing to do with. But you could not get me to go back and watch movies that it was a privilege just to be around them when they were being made.
American film producer and media proprietor (born 1950)
The thing that’s changed the most has just been the rapid technology.
American film producer and media proprietor (born 1950)
Shrek is not like anything anybody has ever seen before.
American film producer and media proprietor (born 1950)
Every single thing you see on-screen came out of somebody’s creativity. It doesn’t exist. Nature didn’t deliver it to us. Everything had to be dreamed.
American film producer and media proprietor (born 1950)
Inspiration comes from all different places.
American film producer and media proprietor (born 1950)
You can tell when an actor or actress cares about their work. It’s really clear.
American film producer and media proprietor (born 1950)
A company like DreamWorks, all we do is make product. That’s all we do. We don’t own distribution. We are purely in the creation of content.
American film producer and media proprietor (born 1950)
Since we made Shrek in the digital format, you actually can see it in its purest form digitally.
American film producer and media proprietor (born 1950)
I haven’t got a lot of patience.
American film producer and media proprietor (born 1950)
It was the business that made Pop go away, not our inability to create.
American film producer and media proprietor (born 1950)