Movie Analysis : Movie Theater Tickets Prices

2013 WordsApr 18, 20179 Pages
In life, there are many ways citizens choose to be entertained. Whether it’s by playing a game system, watching T.V., or even going out to watch a sports game, people are willing to pay a good price for entertainment. One service for entertainment that has been going on for years dated back since 1896 is a movie theater. Theaters attract a huge variety of attendances by showing the latest movie being released which you get to watch on a big screen with somewhat comfortable seats for a certain amount of money per ticket. Unfortunately, movie theater tickets prices have been outrageous over the last couple of years. By raising prices on the tickets and already having high concession prices, theaters have prevented themselves from being able…show more content…
Many customers even are not satisfied with the movie after watching it. This could cause them to never want to pay the price for another movie. Statistics show that many of the theater 's box office sales have only risen to about two percent since 2016. This is a big difference considering that their sales had a huge jump during the time range of 2014-2015. The sales rose from being $10.4 billion to $11.1 billion surprisingly since just in 2013 the sales only went up $100,000. Based on the number of movies that were released which were considerably good, box office sales in the United States could have possibly topped the sales of 2008 which had the biggest increase throughout the years of 2007-2016 which was a $1 billion increase. Netflix has been having a huge impact on the entertainment industry for the past few years. By being able to show a substantial amount of movies in almost every genre, Netflix began to increase slowly but since its release on August 29th, 1997 by March Randolph. This has posed a threat toward the movie industry because of the “broad range” of series/movies attracts more and more people every year making them rather stay at home and watch a movie. “Movie attendance dropped by a surprisingly sharp 5.1% in 2014 according to new data” (Tero, Kuittinen, Par.2).
Open Document