Posts Tagged: Movies

Out with the old box office record, in with the new…

The Hollywood Reporter weighs in with 2008’s projected box office tally from Nielsen EDI (the official keepers of the box office numbers for the MPAA and NATO) and it looks mighty sweet: Meanwhile, buoyed by good weekday numbers and potentially strong holds over the holiday weekend, overall domestic boxoffice is poised to set a record…. Read more »

Movie Business Booms

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.):  

Wired does its homework

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 »

The Wall Street Journal fails to do its homework

The Wall Street Journal ran an article today that sets a new standard of egregious ignorance in reporting on the movie theater industry. Using as its jumping-off point a study by Interpret LLC, the article contends that people may be giving up movie-going in favor of staying home. The proof? Interpret asked 1,000 people, in… Read more »

2008 box offices slips ahead of 2007

The record 2007 box office that industry analysts warned could not be beaten considering the lack of sequels and franchises this year fell behind 2008 box office year-to-date this past weekend. Through Monday, 2008 box office stands at $4,331,304,340 – roughly $10 million ahead of 2007. More impressively, “Overall, ticket sales continued to outperform last… Read more »