Atticus |
12-30-2014 07:30 PM |
Quote:
Originally Posted by kane
(Post 20341904)
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.
|
I think TV and the advanced technology in home entertainment have a lot more to do with Hollywood's declining revenue then piracy.
We're in the Golden era of TV. Not only in the number of channels but the quality of programming. Almost every pay channel and some basic cable channels have awesome shows (MadMen, Breaking Bad, Homeland, Newsroom, Boardwalk, House of Cards etc etc).
Netflix and Hulu allows you to watch old movies and binge watch old shows. Personally I'd rather watch 3 episodes of Homeland versus go to the theater and catch the Interview.
Back in '99 you didn't have a 75" HD TV and surround sound in your living room. Whats more attractive? Paying $50 for you and the wife to go to the theater and get popcorn/drinks and then have to deal with all of the dip shits talking, texting, feet kicking your seat. Or wait 4 months, pay $3 and stream the movie to your big screen, sit on your couch, drink beer and pause it when you have to take a piss?
On top of that the main demo for Hollywood is teenage boys. Always has been. Now those teenage boys are too busy playing Call of Duty or GTA online with their friends.
|