Everyone has their own opinion about the future of movies. Will people even GO to the theatre in 10 years from now? Well a report has come out that says so far, we are going to just as many movies.
The Motion Picture Association of America (MPAA) on Wednesday released its yearly film industry statistics, reflecting a 5.4 percent increase in U.S. box office receipts in 2007 to an all-time high.
Continuing a recovery that began in 2006 after an industry-wide slump in 2005, domestic box office ticket sales climbed to a record $9.63 billion over the previous year’s level of $9.14 billion.
So with all the talk of Home Theater systems taking away from the cinema experience and even worst threats of how Piracy will destroy the popcorn and linewaiting excitement of the theater we find out that generally the same number of people are going to the movies!
The only real reason we saw an increase in box office receipts is due to an increase in ticket prices. Now much like bellybuttons everyone has an opinion too and we all think Movie Ticket prices are too high. Let me throw a thought at that one while we are all here.
I like to equate the movie ticket debate to that of John’s favourite hockey team. The Toronto Maple Leafs. Everyone who knows anything about hockey knows that the Leafs suck. Even Leaf Fans. But much like movie ticket prices, the theatres have nothing to gain by lowering the ticket prices. Just like the Leafs have nothing to gain by making their team better.
You will still go.
There, I said it. The tickets do cost too much at the theater, but there is nothing to be done about it. You will still go.
So assuming you are all movie fans because you are reading this site in the first place, can you say you have gone to MORE movies, or less in the last year?
