Is the price of movie tickets falling? Of course not. It may not look that way in 3Q: The average amount that consumers spent was $7.94, down from $8.06 in 2Q, the National Association of Theatre Owners reports today. But the numbers tend to bounce around from quarter to quarter, due in part to whether there are 3D films compelling enough to lead consumers to pay up for the higher-priced tickets. Last quarter was light, although it included Warner Bros’ Harry Potter And The Deathly Hallows Part 2 and Disney’s The Lion King 3D. The pricing picture becomes clearer when you step back to look at averages over time: The average for the first nine months of 2011 is $7.96, up 1% from all of 2010 and 6% from 2009. Regal also recently reported that its average ticket price was $8.78 in 3Q, up 1.9% vs the same period last year.
By DAVID LIEBERMAN, Financial Editor | Tuesday November 1, 2011 @ 4:23pm EDTTags: Film Tickets, Harry Potter and the Deathly Hallows Part 2, National Association Of Theatre Owners, Regal, The Lion King 3D
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This article was printed from http://www.deadline.com/2011/11/movie-ticket-prices-are-up-but-people-spent-less-in-3q-for-3d/