The Agency's Posts

SNOW WHITE AND THE HUNTSMAN: Snow White has undergone many makeovers since her Brothers Grimm incarnation in 1812, and none....
Read More>

'The Hunger Games' a winning story of sacrifice and survival: 'The Hunger Games' needed the right Katniss to survive, and Jennifer Lawrence thrives in the....
Read More>

'Delicacy' Review: Audrey Tautou is her usual charming self in this story of a woman who must reinvent her life.....
Read More>

Television review: 'Frozen Planet' on Discovery Channel: 'Frozen Planet' on Discovery Channel documents life in the Arctic and Antarctic. The imagery is....
Read More>

Week End Box Office Tally: Audiences headed back to school for the TV update "21 Jump Street," which opened as....
Read More>

How Tanning Changes the Brain: The brains of frequent tanners may be similar to those of addicts. People who frequently use....
Read More>

From the Police Precinct to the Prom: ‘21 Jump Street,’ With Jonah Hill and Channing Tatum Is popular culture like a....
Read More>

Critic's Notebook: Sweet (and sublimely sick) 16 for 'South Park': Creators Trey Parker and Matt Stone head into 'South Park's' 16th season with plenty of life left....
Read More>

The Spy Who Came Out Of The Flower Shop: Ashley Judd in ‘Missing’ on ABC The idea of the spy next door, trying to trade in....
Read More>

The Closet Question: Who Would Wear This Stuff?: Those who knowJessica SimpsonandNicole Richiejust from theirless-intellectual pursuitsmight be....
Read More>

Creative Sheik Wants to Stock Desert With Fish: The directorLasse Hallstromis a shrewd commercial alchemist with a soft heart. More than a....
Read More>

Words of Wisdom From Jeff Bridges: The Dude is putting his wisdom on paper.Jeff Bridges, below, the Oscar-winning actor from &ldquo
Read More>

The Lone Ranger: Johnny Depp Saddles Up..: The buccaneer genre was a Hollywood castawaybefore Johnny Depp, Gore Verbinski and Jerry....
Read More>

'Chico & Rita': A sexy animated film for grown-ups: In one sultry scene in “Chico & Rita,” Rita, a zaftig Cuban singer, ambles nude....
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