Quote:
Originally Posted by Slappin Fish
Killed DVD sales, theater ticket sales held up because you couldn't replicate the theater experience with an illegal download... until now.
I tried the Samsung Gear VR, that thing is amazing, like having the biggest screen you've ever seen with near perfect quality from your sofa.
All for only $200.
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Here's numbers that are interesting to me.
In 1999 the movie industry had about 7.5 billion in total box office revenue. They sold about 1.46 billion movie tickets worldwide. When you adjust for inflation this income totals around 10.55 billion in 2014 dollars.
In 2014 (and there are still a few days left unaccounted for) they have sold 1.259 billion tickets and had 10.227 billion in box office revenue.
So a lot of people would say it is about the same after the inflation adjustment.
Here is the interesting part. In 1999 there were 461 movies released and the average ticket price was $5.08 ($7.20 in 2014 dollars). In 2014 there have been 682 movies released and the average ticket price is $8.12.
So, in the last 15 years the industry has had to raise prices by roughly 12% and produce roughly 33% more product just to make the same amount of money.
I don't think the movie industry is in any kind of peril, but I think most people could look at these numbers and see that things aren't going in a good direction for them.