Thursday, February 08, 2007

Kagan: Losing Growth At The Movie Theatre, Making It Up In Popcorn

Wade Holden is an analyst at Kagan Research with expertise in motion pictures:
The music industry (CDs have been a sales slump since 2000) and
broadcast networks (losing audience share) would welcome a level environment.In the movie theater business, Kagan Research newsletter
Motion Picture Investor estimates that the 2006 total of 1.4 bil. U.S. admissions matches the industry's 1997 total. Yet it's still pretty good times for film exhibitors. Still, flat admissions are not necessarily bad news at the box office. Admissions revenue—which factors in ticket price hikes—has increased at a compound annual growth rate of over 4% since 1997, estimates Motion Picture Investor. So theaters are scratching out box office gains.

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