Will COVID-19 end theatrical movies

[green_garnish]

Yes 14% is a huge number

In 1973, the price of gold rose 75%. Since 1950, the price of gold has risen 60,000%. The price of roses has risen, and diamonds, well in excess of 14%. 14% is nothing.

[numberthirty]

Any price that outpace inflation is a huge increase. It’s the very definition of overpriced.
Yes, Apple is overpriced too, I don’t see what that has to do with this.

Movie ticket prices is increasing pass inflation rate is to offset the loses in attendance.

First, what is in blue does not actually exist.

Second?

You are proving that the "Theater..." end of things in is fine shape when you point out that they can raise their ticket price higher than the rate of inflation with no real consequences.

[numberthirty]

In 1973, the price of gold rose 75%. Since 1950, the price of gold has risen 60,000%. The price of roses has risen, and diamonds, well in excess of 14%. 14% is nothing.

Again, exactly.

The price of a gallon of gas has gone up and down by hundreds of percent in the time since I was in grade school.

The idea that fourteen percent is some huge number just does not track.

[green_garnish]

First, what is in blue does not actually exist.

Second?

You are proving that the "Theater..." end of things in is fine shape when you point out that they can raise their ticket price higher than the rate of inflation with no real consequences.

With all due respect, the part in blue does exist. He's just completely misinterpreted why it exists. Price hasn't risen because attendance has dropped. Attendance has dropped because business has (correctly) identified that profits will rise with increasing ticket prices despite a drop in attendance.

[numberthirty]

With all due respect, the part in blue does exist. He's just completely misinterpreted why it exists. Price hasn't risen because attendance has dropped. Attendance has dropped because business has (correctly) identified that profits will rise with increasing ticket prices despite a drop in attendance.

Only if we are talking about it as a part of plain old fluctuations that are always taking place(2006/2007/2009/2012/2015/2018 just being some of the years where attendance increased...)

In this thread?

It is being framed as some death spiral that is going to lead to a fundamental change in the landscape.

That(what was in blue...) does not actually exist.

[green_garnish]

Only if we are talking about it as a part of plain old fluctuations that are always taking place(2006/2007/2009/2012/2015/2018 just being some of the years where attendance increased...)

In this thread?

It is being framed as some death spiral that is going to lead to a fundamental change in the landscape.

That(what was in blue...) does not actually exist.

Ticket sales have been on the decline since the early 2000s.

SmartSelect_20210624-201854_Samsung Internet.jpg

[numberthirty]

Ticket sales have been on the decline since the early 2000s.

SmartSelect_20210624-201854_Samsung Internet.jpg

From the actual numbers...

https://www.the-numbers.com/market/

The highest year since 2000?

2002: 1,575,756,527

The lowest year since 2000(outside of the obvious outlier that we will set aside...)?

2017: 1,225,639,761

If you ignore all of the years where attendance has actually increased from the previous year and strictly make it about that best year versus the worst year?

You have around a decrease in attendance of about twenty-two percent.

Which still puts you at roughly where things were back in the mid-nineties.

Again, as a realistic predictor of how "Theater..." screenings will be able to survive?

It does not exist.

[thwhtGuardian]

Ticket sales have been on the decline since the early 2000s.

SmartSelect_20210624-201854_Samsung Internet.jpg

Yes, they are in a slight decline, 1.5 Billion to 1.3, that graph incorrectly makes it look like a dramatic change, but a more realistic graph would actually make that kind of change look like a nearly straight line.

[thwhtGuardian]

Yes 14% is a huge number

now you're just being absurd. The number 14, as a quantity, is small pure and simple with no ifs, ands or buts. It's okay to admit you were mistaken, we're not going to make fun of you for it, in fact people would actually respect that.

[numberthirty]

Yes, they are in a slight decline, 1.5 Billion to 1.3, that graph incorrectly makes it look like a dramatic change, but a more realistic graph would actually make that kind of change look like a nearly straight line.

Yep.

If anything?

The high point that someone could try to point to, and say "Decline!..."?

That is the anomaly. It's a short point where things shot up. Outside of that point, its attendance is rising and falling while staying tn the same general ballpark since the nineties.

[luprki]

First, what is in blue does not actually exist.

Second?

You are proving that the "Theater..." end of things in is fine shape when you point out that they can raise their ticket price higher than the rate of inflation with no real consequences.

How can argue with well known fact? You can’t debate that something didn’t happened when it already happened.
We can debate the severity or why there’s a drop in attendance as other have rightfully done.


P.S. Tickets prices has risen 63%, not 14%.

[Scott Taylor]

People will pay higher ticket prices, apparently, for the theatre experience. COVID gave streaming an opportunity to see if it would supplant that and I am thinking the answer is a big, resounding no. But at least it seems like the stream technology has gotten better.

[Gaastra]

Fast 9 made $7.1m thurs night for those who are tracking it.

https://www.hollywoodreporter.com/mo...rd-1234973877/

[Amadeus Arkham]

[numberthirty]

How can argue with well known fact? You can’t debate that something didn’t happened when it already happened.
We can debate the severity or why there’s a drop in attendance as other have rightfully done.


P.S. Tickets prices has risen 63%, not 14%.

Simple...

It is only "Fact..." if you ignore the years before 1998 and focus on around five years of a twenty-five year stretch of time.

Once you stop doing that?

The other twenty years are always in the same general ballpark before Covid threw the numbers off.