The Agency's Posts

CONTAGION: Catch it ..: Achoos of Death Are Film’s Scourge BURBANK, Calif. — Earthquakes.Tornadoes. Debt....
Read More>

BECOMING A MARKETING SHARK!: Fall auditions are just around the corner... 1. Are you starting to feel frustrated as a....
Read More>

Broadway Scouts Go Online: Julia Tan, a 10-year-old actress who dreams of belting like Barbra, auditioned for her first....
Read More>

'Whisker Wars': Wild and Hairy: Welcome to the razor-free world of competitive beard-growing, with all its rivalries, cheering....
Read More>

Ryan Reynolds.: Is the bloom coming off the rose? Inasmuch as it’s ever hard being a Hollywood pinup,....
Read More>

Movie Review: 'The Change-Up': The body-switching comedy with Jason Bateman and Ryan Reynolds aims low. When the comedy....
Read More>

'Red Tails'.: Director talks George Lucas, delays, reshoots George Lucas had yearned for decades to tell....
Read More>

'RISE OF PLANET OF THE APES': If performing apes had a union, a picture of Andy Serkis would be pinned to the office....
Read More>

Lisa Kudrow has no issue playing against type: She portrays a vain and grating psychotherapist on 'Web Therapy' on Showtime. Lisa Kudrow, who....
Read More>

Is it possible to look cool in the heat of summer?: Sadly, no more than it is to look hot in the middle of a blizzard Over the winter you....
Read More>

Kristen Stewart:'Snow White and the Huntsmen': With Kristen Stewart in the driver's seat, one forthcoming depiction of Snow White has nary a....
Read More>

CAPTAIN AMERICA.: The comic-book movie has had, to say the least, an up-and-down year. But with the success of &qu
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