Ticket price increase a bad idea
TweetFollow Us on Twitter

Ticket price increase a bad idea

Theater owners are going to shoot themselves in the foot. Actually, they probably already have by raising 3D movie ticket prices.

"Variety" (http://www.variety.com) says the upcharge for 3D tickets has risen from an average extra US$2-$3 to $3.50 or more in many cases, and even $5 in some theaters in such markets as Los Angeles and New York. These numbers exclude Imax 3D ticket prices, which have always been significantly higher.

The hike in 3D prices will boost both returns to exhibs and distribs, with studios receiving 45% to 55% of total box office, depending on the film and how many weeks it has been playing, notes "Variety."

Some are saying the price increase will help spur installation of the high-priced 3D technology in theaters. Others are saying that the price hike may price folks right out of the theater.

I think the latter group is right. With the success of the 3D versions of "Avatar" and "Alice in Wonderland," the ticket price increase smacks of greed. In these tight economic times, even those who are still willing to spend moolah for entertainment may say enough is enough.

And that will have a trickle-down effect on the TV and computer industries. 3D HDTV sales are expected to be hot this year. And 3D computer screens will inevitably follow.

Unless the greed throws a monkey wrench in the whole shebang. Exhibitors, remember this: unlike what Gordon Gekko (that's the character in "Wall Street," not the gecko in the Geico commericials) said, greed is not good. And, in your case, it could prove costly.

 
AAPL
$123.23
Apple Inc.
-1.01
GOOG
$550.98
Google Inc.
-4.19
MSFT
$40.92
Microsoft Corporation
-0.30
MacNews Search:
Community Search:
view counter

view counter
view counter
view counter
view counter
view counter
view counter

MLB Manager 2015 (Games)
MLB Manager 2015 5.0.14 Device: iOS Universal Category: Games Price: $4.99, Version: 5.0.14 (iTunes) Description: Guide your favorite MLB franchise to glory! MLB Manager 2015, officially licensed by MLB.com and based on the award-winning Out of the Park Baseball series, is the most fun and realistic baseball game ever created for... | Read more »
Breath of Light (Games)
Breath of Light 1.0.1421 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.1421 (iTunes) Description: Hold a quiet moment.Breath of Light is a meditative and beautiful puzzle game with a hypnotic soundtrack by Winterpark.BEAUTIFULInspired by modern minimalism combined with a range of meditative art styles, from Zen... | Read more »
WWE WrestleMania Tags into the App Store
Are You ready to rumble? The official WWE WrestleMania app, by World Wrestling Entertainment, is now available. Now you can get all your WrestleMania info in one place before anyone else. The app offers details on superstar signings, interactive venue maps, event schedules, WrestleMania Superstore hours, stadium information, and more. You can also... | Read more »
Bio Inc's New Expansion is Infectin...
Bio Inc., by DryGin Studios, is the real time strategy game where you infect a human body with the worst virus your evil brain can design. Recently, the game was updated to add a whole lot of new features. Now you can play the new “Lethal” difficulty, which chakllenges even hardcore players. If you aren't quite there yet you can still enjoy the “... | Read more »
The Monocular Minion is Here! Despicable...
Despicable Me: Minion Rush, by Gameloft, is introducing a new runner to the mix in their latest update. Now you can play as Carl, the prankster minion. Carl has a few new abilities to play with, including running at a higher speed from the start. Gameloft has also added Eduardo's House as a new area. You'll be able to race through the infamous El... | Read more »
Dungeon of Madness (Games)
Dungeon of Madness 1.0.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0.0 (iTunes) Description: Dungeon of Madness is an action game where you rotate tiles to create our own route. Help the hero by connecting the road so he reaches hostages, then lead them out while also directing monsters into deadly traps.... | Read more »
Filters for iPhone (Photography)
Filters for iPhone 1.0 Device: iOS iPhone Category: Photography Price: $.99, Version: 1.0 (iTunes) Description: | Read more »
Jump'N'Shoot Attack (Games)
Jump'N'Shoot Attack 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: A mobile game for gamers! Join Louise Lightfoot, the legendary "Master of Jumping and Shooting", on her mission to save the President of Earth 4 from evil space mutants known as the Xatharr!! Collect items to boost attacks... | Read more »
Space Bounties Inc. (Games)
Space Bounties Inc. 1.4 Device: iOS Universal Category: Games Price: $1.99, Version: 1.4 (iTunes) Description: SuperGameDroid: 4/5 "Satisfying futuristic RPG combat, high replay value, and a heavy dose of nostalgia make Space Bounties Inc. a worthwhile experience." SlimGamer: 9/10 "From the retro graphics to the pitch-perfect... | Read more »
Gamebook: Pocket RPG (Games)
Gamebook: Pocket RPG 1.0.11 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.11 (iTunes) Description: Walk into the Land of Lanthir Lamath ruled by wicked skeletons and fight for your life in a thrilling adventure. It's a book. It's a game. It's a gamebook.Choose your own adventure.Simple rules and gameplay.Running... | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.