HardOCP News
[H] News
- Joined
- Dec 31, 1969
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I could have sworn the MPAA said the economic downturn and piracy were killing the movie industry. Ticket prices are at an all-time high and the industry is set to shatter revenue records again…someone explain to me how this is possible?
At least so far, theater owners have gotten away with the biggest year-to-year increases in ticket prices ever -- with average admission costs spiraling upward more than 40 cents in 2010, or over 5 percent. Meanwhile, attendance has stayed largely flat, dropping less than 1 percent, according to the National Association of Theater Owners.