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]
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]