Posts Tagged: recession

Box Office Boom

Box office is booming, and ABC News takes a look on the Friday before the Oscar telecast. If you look closely, yours truly has apparently gotten a new job as spokesman for the previously unknown “National Association of Theatregoers“.  Aside from the really ugly acronym (NATg), they don’t exist.  We really like theatregoers, but we… 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 »