Movie Ticket Sales Last Year Lowest Since 1996

Movie Ticket Sales Last Year Lowest Since 1996

Although ever-growing ticket price inflation somewhat masks the slowdown, fewer people are going to movie theaters. Sales slumped to 1.35 billion in 2010, a 5.4 percent drop from 2009 and the lowest mark since 1.33 billion tickets were sold in 1996. Revenues were still high, surpassing $10 billion for the second time ever, thanks to high ticket costs and 3D surcharges. [More]

Congress Won't Let Traders Gamble On Hollywood Box Office

Congress Won't Let Traders Gamble On Hollywood Box Office

If you were planning on putting your kids through college based on your foreknowledge that Toy Story 3 was going to rock the box office, you’ll need to do your gambling on the black market, because Congress has banned Hollywood box office futures trading. [More]