Thursday, August 26, 2010

Warning: Soaring Movie Ticket Prices Have Reached the Breaking Point (The Wrap)

“I don’t think there’s been any pushback,” one major-studio distribution president told TheWrap. “Look at how the box office has been flourishing. Admissions aren’t up the way we’d like them to be, but the market has accepted the higher ticket prices. You can’t expect to pay $5 to go to the movies anymore.”

Concurred a rival distribution chief: “These ticket-price stories are things you read in the press, but I don’t believe any of it."
So glad to see the studios aren't worried about the price of movie tickets. It definitely factors into what I go to the theatres to see, so to me, this just indicates once again how far removed the high-level execs are from what the public wants from the entertainment industry. Do you agree? Disagree?
Read the full article here.

No comments: