Going to the movies just got a whole lot pricier. Theaters, trying to capitalize on the surge in...


Going to the movies just got a whole lot pricier. Theaters, trying to capitalize on the surge in 3-D, are raising ticket prices by as much as 25% in some areas. If it doesn't backfire, the hikes could be a boon for firms like Regal Entertainment (RGC) and Cinemark Holdings (CNK).

From other sites
Comments (2)
  • Tack
    , contributor
    Comments (16281) | Send Message
     
    They've got it backwards. This benefits Netflix, not Regal or Cinemark.
    25 Mar 2010, 06:04 PM Reply Like
  • Rachael Granby
    , contributor
    Comments (62) | Send Message
     
    Tack - that's a really good point.

     

    Using your logic, the price hikes could also be good news for firms like Sony (SNE) and Panasonic (PC), which are pushing their 3-D TVs, and for companies like ESPN (DIS) and Discovery Communications (DISCA), which are working on 3-D networks.

     

    It'll be interesting to see which way things go...
    26 Mar 2010, 01:44 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs