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Posts Tagged: ticket prices
WBTV 3 in Charlotte has Will Smith for the premiere of Seven Pounds, but first they want to tell you how the movie theater business is doing (They get the average ticket price wrong in the report; it’s really $7.20. The $7.97 figure is what a $2.23 average ticket in 1977 would cost today.):
Betsy Schiffman, writing for Wired’s Epicenter blog, does the digging that the Wall Street Journal neglected. What is surprising is that the industry isn’t showing signs of a slowdown. In fact, this may shape up to be the second consecutive record-breaking summer at the box office. To some extent, inflation helps explain the phenomenon (rising… Read more »