Print
Word
PDF|
This section contains 1,550 words (approx. 6 pages at 300 words per page) |
|
It's Expensive to Watch a Movie but It's Worth It
Summary: The U.S. movie industry has had a decline in viewership, and this can be attributed to the rising cost of attending movies and ever-increasing competition for entertainment dollars. Still, there's little the movie industry can do to make prices cheaper because of the escalating costs of making films.
The drastic decline of moviegoers is a major concern for the film industry. It's quite shocking that so few people watch movies in theaters anymore. To put it in perspective, Jay Epstein mentioned that "in 1948, 65%, (90 million Americans) of the population watched movies compared to only 10 percent of today's population (30 million Americans)"(Epstein 1). The box office in 2005 has significantly declined in the third quarter by about 7% compared to 2004 and by about 10% in admissions (CNN Entertainment 1). Even though people still watched big budget films like Spiderman 2 and Star Wars, films don't seem to draw people into the theaters anymore.
The increase in movie ticket and concession prices turned many away from the cinema. The average cost of seeing a movie is about $6.31 compared to the cost of $.36 in 1948 or even the price of $4.35 in 1995 (NATO 1). With the rising cost of movie tickets, people start to wonder if the movie that...
|
This section contains 1,550 words (approx. 6 pages at 300 words per page) |
|
