Think movie prices are outrageous?

Zeus · 03-27-2010, 02:31 AM

Well they are about to go up.

http://blogs.barrons.com/techtraderd...eading-higher/

Quote:

Starting this weekend, it is going to cost you a little bit extra to go the movies.

Media analyst Richard Greenfield, now with the New York-based investment firm BTIG, notes that with 2010 box office receipts up nearly 10% year-to-date, “a meaningful portion” of U.S. movie theaters will raise ticket prices this coming weekend. Greenfield said 2D ticket prices will be up marginally, but that 3D ticket pricing will be up as much 26%: 3D Imax tickets in Boston for How To Train Your Dragon will go for $14.50, up from $11.50 last week for Alice in Wonderland.

“It appears that theater owners increasingly believe that consumers are so ‘hungry’ for 3D content that they will not mind paying substantially higher prices relative to 2D screenings and that for the best 3D presentation, even greater ticket price premiums are achievable,” he writes.

* At the AMC Kips Bay in New York, it will cost you $63 for four tickets to see a 3D version of How to Train Your Dragon, up from $55 for Alice now.
* At the same theater, an Imax version of Dragon for four tickets will be $71, up from $59 for Alice.

A survey of 10 random theaters in major U.S. markets found a 4.1% 2D adult ticket price increase coming this weekend, with an average 8.3% rise for non-IMAX 3D movies, and a 9.9% hike for IMAX screens.

“If consumers absorb the prices increases without issue, we believe it bodes well for the pricing power of the movie exhibition industry, particularly their highest quality product - in IMAX 3D - as well as the major movie studios who would continue to see theatrical performance improve (which is much needed given the continued decline in their core DVD/home entertainment business).,” he writes in a research note.

Given how cheap it is to rent or download movies these days, and the bad economic climate.. this is ridiculous.

Brokenlizrd · 03-27-2010, 03:21 AM

i just paid $20 for 2 people to see hot tub time machine. thats terrible.

Stingr69 · 03-27-2010, 07:36 AM

Quote:

Originally Posted by Brokenlizrd

i just paid $20 for 2 people to see hot tub time machine. thats terrible.

Back in the day it was "you laugh, you cry, you kiss $6 bucks goodbye"...and that was for both of us! :(

If the costs keep going up, only the really good movies will make any money. I know it will take a pretty good review for me to consider parting with that much cash.

-Mark.

*CamaroSpike23* · 03-27-2010, 08:16 AM

I can wait a couple months after the premiere and just buy it on 3d DVD for cheaper than it would cost me to go to the movies.

motorhead · 03-27-2010, 08:28 AM

Movie prices are crazy ,but I like some movies better at the theater than at home even though I have a big tv with a good sound system.

AZCamaroFan · 03-27-2010, 11:53 AM

Remember this the next time you hear a reporter say,"this movie is breaking records! Everyone has seen it!"
U.S. Population-300 million
$100 million movie divided by $10 tickets=10 million people saw it.

2010 SSRS · 03-27-2010, 11:58 AM

baztards

SS 376 · 03-27-2010, 02:48 PM

Supposedly the theater makes their money off of concessions and not the tickets...

2000v6 · 03-27-2010, 04:02 PM

Actually those prices aren't so bad. I go to amc, loews and regal and everytime I see a new movie it's only about $25 for a ticket. It's the price for parking and concessions that is expensive.

Indpowr · 03-27-2010, 04:04 PM

My home system is better anyhow. And no kids to worry about...

sugar'n'spice · 03-27-2010, 04:24 PM

I can still remember when tickets were $1.50.
Here, now they're 10.00!

*Camaro_Corvette* · 03-27-2010, 06:11 PM

This is exactly why I haven't been to a theater in a long freaking time! You spend 30 bucks at the theater (cause you can't go to a theatre alone) , then if you liked the movie you return several months later for them to rake you over the coals again for another 30 bucks! I just buy the movie when it comes out, and if I don't like it...so be it, but if I do like it, I can watch it over and over to my hearts content.

Big screen tv and a nice home theatre system is worth it!

Especially if you locate the subs right behind the couch

Brokinarrow · 03-28-2010, 10:46 AM

That is such BS. With all the ads they put before the movies now ticket prices should be going DOWN not up! Movie goers need to organize a boycott or something, enough extortion!

FenwickHockey65 · 03-28-2010, 12:12 PM

Quote:

Originally Posted by 2000v6

Actually those prices aren't so bad. I go to amc, loews and regal and everytime I see a new movie it's only about $25 for a ticket. It's the price for parking and concessions that is expensive.

Only $25? You have got to be joking me.

03-27-2010, 11:58 AM	#7
2010 SSRS Drives: 3 V8 Camaros Join Date: May 2009 Location: The Ocean State Posts: 111,186 View My Garage	baztards __________________ Jannetty Racing JRE Street Package

03-27-2010, 06:11 PM	#12
Camaro_Corvette 36.58625, -121.7568 Drives: Team 1LE Join Date: Mar 2008 Location: Earth Posts: 23,710 View My Garage	This is exactly why I haven't been to a theater in a long freaking time! You spend 30 bucks at the theater (cause you can't go to a theatre alone) , then if you liked the movie you return several months later for them to rake you over the coals again for another 30 bucks! I just buy the movie when it comes out, and if I don't like it...so be it, but if I do like it, I can watch it over and over to my hearts content. Big screen tv and a nice home theatre system is worth it! Especially if you locate the subs right behind the couch __________________ I am seriously never serious vv V vv Next order of business

03-28-2010, 10:46 AM	#13
Brokinarrow Drives: 2012 Honda NC700x Join Date: Sep 2008 Location: Indianola, IA Posts: 5,317 View My Garage	That is such BS. With all the ads they put before the movies now ticket prices should be going DOWN not up! Movie goers need to organize a boycott or something, enough extortion! __________________

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AZCamaroFan Camaro6 2016-2018 Drives: sometimes Join Date: Mar 2008 Location: Phoenix Posts: 18,468	Remember this the next time you hear a reporter say,"this movie is breaking records! Everyone has seen it!" U.S. Population-300 million $100 million movie divided by $10 tickets=10 million people saw it.

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SS 376 Drives: 2010 IBM 1SS (Former) Join Date: Feb 2009 Location: NoVA Posts: 2,031	Supposedly the theater makes their money off of concessions and not the tickets...

03-27-2010, 04:02 PM	#9
2000v6 Drives: 2003 m3, 2000 camaro v6, 2004 s4 Join Date: Jan 2010 Location: ny Posts: 1,125 View My Garage	Actually those prices aren't so bad. I go to amc, loews and regal and everytime I see a new movie it's only about $25 for a ticket. It's the price for parking and concessions that is expensive.

03-27-2010, 04:04 PM	#10
Indpowr Account Suspended Drives: Corvette C6 Join Date: May 2008 Location: Florida Posts: 6,959 View My Garage	My home system is better anyhow. And no kids to worry about...

03-27-2010, 04:24 PM	#11
sugar'n'spice Drives: . Join Date: Oct 2009 Location: . Posts: 18,978	I can still remember when tickets were $1.50. Here, now they're 10.00!