The Agency's Posts

Howard Stern rages at Judd Apatow over 'America's Got Talent' diss: Howard Stern has talked long and often on his Sirius XM radio show about how much he's enjoying his....
Read More>

Meet David the android from Ridley Scott's upcoming 'Prometheus': Months before the release of director Ridley Scott’s “Prometheus,” the....
Read More>

Critic's Notebook: Coachella 2012 is a snapshot of pop music in wonderful disarray: Acts such as Azealia Banks, Radiohead, Mazzy Star, Flying Lotus and many others perform on a....
Read More>

Review: 'The Cabin in the Woods' is Joss Whedon's inside joke: 'The Cabin in the Woods' runs through all the scary-movie genre's cliches with a wink and a....
Read More>

Brad Pitt, Angelina Jolie headed for big-screen reunion?: Brad Pitt and Angelina Jolie are reportedly headed for a big-screen reunion, and why shouldn't
Read More>

Jennifer Aniston's Face Fell Off: PoorJennifer Aniston. Apparently having a new movie, a long-running syndicated TV show and a....
Read More>

Review: 'The Three Stooges': The comedy, with Chris Diamantopoulos, Sean Hayes and Will Sasso as Moe, Larry and Curly, is an....
Read More>

Headshots: Gigi Stoll Photography Spring Special !: www.gigistoll.com Spring Headshot Special !! $250 for 3 looks + DVD of the images ABOUT GIGI:....
Read More>

Skyfall': New James Bond Film Starring Daniel Craig: This is a preview of our set visit to the upcoming James Bond film, "Skyfall."....
Read More>

Mike Tyson: He's Lived and He's Learned -- Now He's Telling the Story: "I love entertaining people. I love the live stuff. The stage was what I was made for.&qu
Read More>

'Hunger Games' ushers in new band of anti-damsels: By Sheri LindenSpecial to Tribune Newspapers Not without fanfare, Katniss Everdeen....
Read More>

Ashley Judd, puffy?: Weight gain, plastic surgery speculation 'a misogynistic assault on women,' she says Since....
Read More>
Movie Ticket prices To Increase 8% To Highest Level In a Decade
Posted on: 05/09/10
Share/Save/Bookmark




 Apparently Hollywood didn't get the memo that prices are supposed to stay low when the economy is in a slump.

The National Assn. of Theater Owners reported Tuesday that the average ticket price in the first quarter of 2010 was $7.95, jumping 8% from $7.35 in the same period last year. That's the largest yearly increase since the association started tracking quarterly ticket price data in 2001.

The increase comes as consumer prices have risen mildly in the nation. During 2009, the consumer price index rose just 2.7% before seasonal adjustment, according to the U.S. Bureau of Labor Statistics.

The primary culprit at movie theaters is 3-D. The three highest-grossing movies in the first three months of 2010 -- "Avatar," "Alice in Wonderland," and "How to Train Your Dragon" -- have all generated the majority of their box office on screens that play the movie in digital 3-D and carry ticket price surcharges.

Although the theater owners association doesn't break out the average surcharge to see a movie on a digital 3-D screen, analyst Barton Crockett at Lazard Capital Markets recently estimated that it is now between $3 and $3.50. That includes the impact of large-format Imax 3-D screens that often cost $5 extra.

Prices are significantly higher in certain urban markets, including Los Angeles, where prices for 3-D movies are now as high as $19.50.

As a result of the rapidly rising prices, total box office revenue rose 8.6% in the first quarter, according to the theater owners association. However, not many more people went to movies. Attendance was up just 0.5%, with 334.9 million movie tickets sold in the U.S. and Canada.

"There's a really good chance that the average ticket price is going to continue to be significantly higher [than last year] based on 3-D attendance," said Patrick Corcoran, director of media and research for the theater owners association.

He noted, however, that the average ticket price is still lower than it was 40 years ago. Adjusted for inflation, going to the movies in 1969 cost $8.42, the association estimates.

-- Ben Fritz
COMMENTS
Glenn Carella writes:
Nothing but love for Mr. Corcoran and his "adjusted for inflation" blurb. But he certainly wasn't referring solely to the ticket price. His number had to include a soda, popcorn, candy, etc. Mr. C, in my area of suburban NY you blow a 10 dollar bill just to get in (and I have no clue what 3D goes for). Another 10 goes away for munchies if you choose. Then add the attraction of 15 minutes of commercials & previews, and the wonderful folks who won't turn off their cell phones. DVD's from the library and my own home work real well for me (what few times I can sit for around 90 minutes and do nothing).
05/09/2010 5:36 pm


Post A Comment:




  • It's 2020! Start booking roles in commercials, fashion, films, theater and more with The Agency Online!

  • NEW WORKSHOP with Barbara Barna & Sean De Simone!

    Hi Everyone and Happy Summer! Sean at Sean De Simone casting and Barbara Barna are teaming up for a super informative and fun Hosting for Home Shopping workshop. A great opportunity for established or experienced TV Hosts and Experts interested in learning how to get noticed and how to get in....
  • MASTERCLASS W. Robin Carus & David John Madore

    A Special Offer for the Agency Community, from one of our favorite NYC Casting Directors! EMAIL FacetheMusicWithUs@gmail.com Or Eventbrite To Sign Up! Class Size is Limited.
  • Don't Fall Into The Comparison Trap

    Hi Everyone! As the second installment in an ongoing series of features by the Agency's amazing community, here's some sage advice from our own Regina Rockensies; a humble (& awesome)veteran we've had the pleasure of working with for a long time. Have an excellent week! : ) - The Agency....
  • One Model's Agreement

    Hi Everyone! As the first piece in an ongoing series of original articles by the Agency community, here's a short reflection on some of the values of professional acting & modeling that we can all keep in mind for our next casting. Good luck on your castings &shoots this week! : ) -....




 
home       castings&news       privacy policy       terms and conditions      contact us      browser tips
Official PayPal Seal