Fewer 3D movies a concern for movie industry


Morgan Stanley forecasts 3D movie attendance is declining.

The outlook is troubling for theater operators with increases in ticket prices being offset by lower sales of 3D movies.

Overall, the number of 3D movies will fall to 28 from 34 a year ago to account for the format's lowest percentage of total movie showings for the last seven years.

Also hitting operators' bottom lines, moviegoers are expected to increase per visit spending by only 0.5% in Q1.

Related stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX, DCIN.

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Comments (3)
  • labas112
    , contributor
    Comments (497) | Send Message
     
    3D is dead. A top TV maker is stopping production of their 3D tvs.
    3 Feb 2014, 04:08 PM Reply Like
  • skibimamex
    , contributor
    Comments (528) | Send Message
     
    That makes IMAX even more important to the studios and exhibitors that have IMAX franchises, as the only premium venue that offers differentiated immersive viewing experience that can command ticket premiums.

     

    IMAX is NOT 3D, although some IMAX films may also be in 3D. Many films are converted via DMR (or originally shot using IMAX cameras) in order to utilize IMAX's taller aspect ratio and higher resolution.

     

    Who's really going to be hurting is RealD's biz model that directly hangs on 3D attendance.
    3 Feb 2014, 05:13 PM Reply Like
  • Andrew Shapiro
    , contributor
    Comments (2152) | Send Message
     
    yet according to boxofficemojo, 'Lone Survivor' leads best January boxoffice in four years: http://ow.ly/thKwg $RDI $RGC $AMC $CNK $CKEC $MCS
    4 Feb 2014, 07:27 PM Reply Like
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