North American cinema ticket sales -3% to $4.28B between the first full weekend in May and Labor...

North American cinema ticket sales -3% to $4.28B between the first full weekend in May and Labor day, the first summer decline in seven years. Attendance -4% to 533M people, the lowest since at least 1993, when independent records began. The decline comes after ticket prices increase, and despite the success of blockbusters such as "The Avengers" and "The Dark Knight Rises."

From other sites
Comments (12)
  • frosty
    , contributor
    Comments (721) | Send Message
    Do you think movie theaters will exist 20 years from now?
    3 Sep 2012, 09:19 AM Reply Like
  • Jolly_Rancher
    , contributor
    Comments (629) | Send Message
    Movie snacks sell around 200x cost.
    3 Sep 2012, 09:24 AM Reply Like
  • wyostocks
    , contributor
    Comments (9115) | Send Message
    The same people who cry about high costs, low wages, etc. are the ones blowing money on Hollywood junk. Amazing.
    3 Sep 2012, 09:44 AM Reply Like
  • RM13
    , contributor
    Comments (1285) | Send Message
    Agree that it is lower economic class that fills the seats and buys the popcorn, all the while bitching about prices. Upper class has home theaters or goes to nice screening, rarely.
    3 Sep 2012, 10:14 AM Reply Like
  • Neil459
    , contributor
    Comments (2636) | Send Message
    Most movies suck. There are maybe 1 out of 20 that are worth watching.


    We switched to watching at home simply because of the high cost of tickets and snacks, and because most of the time the movie was not worth it. It is a lot easier to throw away $5 to $15 than $50 (tickets for two, drinks, and popcorn) on a bad movie.


    Now if you still live with your mom and dad, then I can see why you would spend $50+ to get out of the house. That does however, not make theater going a wise financial decision.
    3 Sep 2012, 11:33 AM Reply Like
  • BruceInKY
    , contributor
    Comments (445) | Send Message
    We were all so busy enjoying real-life blockbuster Recovery Summer III that we forgot about the movies.
    3 Sep 2012, 11:46 AM Reply Like
  • Dividend Growth Machine
    , contributor
    Comments (1640) | Send Message
    I have not been to a movie theater in several months. Here's why:


    1. I am not interested in watching most of the movies released nowadays.


    2. For the movies I am interested in watching, I am patient enough to wait until they are available for rental (I use redbox). I can rent at least 5 movies for the price of seeing just one in the theater, so there are substantial cost savings.


    3. By renting and watching at home, I don't have to deal with annoying chatter or distractions (e.g., people playing with their cell phones) during the movie. I can also supply my own drinks and snacks for a fraction of the obscene prices charged in theaters (more cost savings).


    Quite frankly, I have very little desire to go to a movie theater anymore.
    3 Sep 2012, 11:46 AM Reply Like
  • cheeseko
    , contributor
    Comments (2) | Send Message
    most American movies depend on explosions, car chases, and computer generated glitz to gird the film. Tend to see foreign films more and more........themes and character studies are emphasized. Foreign film bonus: My hearing gradually worsening so the captions avoid me whispering to my wife.....what did he say?
    3 Sep 2012, 01:13 PM Reply Like
  • into dark shadows
    , contributor
    Comments (472) | Send Message
    Maybe Americans are sick and tired of the progressive Hollywood mindset that is prevalent in the crap they throw out there as entertainment!


    Plus, if you are spending more on food and fuel, thanks to Benny the Bookie, you have to cut back somewhere!


    I can't wait to boycott Steven Spielberg's new Cowboys and Indians crap on AMC coming up! You couldn't pay me to watch his garbage!


    Hey AMC, you should have given us a COMPLETE season of "Breaking Bad",
    cheap move on the 8 episodes and then the hostage taking from last night.
    Forcing us to wait till next year for the other half of the show!


    At least T.V. gets it right from time to time!
    Hats off to the brilliant creative team of Breaking Bad!
    3 Sep 2012, 02:47 PM Reply Like
  • coolshaps
    , contributor
    Comments (48) | Send Message
    I liked three of the previous comments. Agree with the majority of the points. I do sympathize with Hollywood that the rapid advances in technology and network infrastructure (bootlegging) hurt their revenues, which they, like many companies, got complacent with reeling in. Bootlegging appears at the upper class (computer uses with access to the latest releases) and lower class (neighborhoods with established infrastructure for disseminating bootlegs). This really hurt the studios and seems to have messed them up in the long run as the quality of movies has legitimately, and greatly unfortunately, decreased!


    However, I totally agree that the majority of movies that have come out in the past handful of years have been awful. In addition, a lot of the mega movies that have come out are built on old stories and franchises and generally get ruined in the production process. The major film studios are doing a better job marketing these films than they are on making them, and they are only going to lose in the long run when more and more consumers become disillusioned by this scenario that has been playing out.


    I am very content watching films at home, and again, as a previous comment stated, foreign films are wonderful as well as domestic (USA) independent films, that end up getting distribution by the pitiful major studios and major distributors that have the power to do so and only follow suit when a movie can get enough traction. The system is finally changing, with YouTube and iTunes (digital distribution for independent content creators that are not tied to multinational media powerhouses); though, the system is changing very slowly, and is highly susceptible to manipulation and abuse.


    This is a very interest article brought to us by the great folks @ SA. There are reasons that support this empirical evidence for a decline in ticket sales. Glad to be a part of this community.
    3 Sep 2012, 05:22 PM Reply Like
  • deercreekvols
    , contributor
    Comments (9717) | Send Message
    Higher prices and few quality releases will give the results that being seen. The Avengers and The Dark Knight Rises were blockbusters because they were not re-makes.


    If the "creative minds" in Hollywood would come up with more original ideas instead of re-making movies that were marginal twenty years ago, I may be interested in going to the theater.


    There are plenty of wonderful novels that could be adapted to the big screen. The problem is that people have to read in order to have the vision to turn the story into a movie.


    We did take our daughter to Disney's "Brave" at the start of summer and enjoyed it. Cost for two adults and one child with a few snacks was outrageous, in my opinion.


    Our family would much rather wait for the movies we are interested in to be released on dvd and rent or buy them for a fraction of the cost of going out to the movies.
    3 Sep 2012, 05:47 PM Reply Like
  • chopchop0
    , contributor
    Comments (5268) | Send Message
    Not surprising at all. With $10+ tickets, what's the point of seeing anything besides the big-budget special FX blockbusters at the theater? Especially with those concession snack prices. The movie companies are totally responsible for this. Movie ticket inflation the past 10-15 years has been atrocious.
    3 Sep 2012, 08:11 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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