Thread: MGM going broke
View Single Post
Old 11-16-2009, 03:53 PM  
TheDoc
Too lazy to set a custom title
 
TheDoc's Avatar
 
Industry Role:
Join Date: Jul 2001
Location: Currently Incognito
Posts: 13,827
Quote:
Originally Posted by kane View Post
But if the numbers are correct releasing that shit helped to make these record sales. Are you suggesting that if they didn't release this stuff that they would still have records sales? Sure there were some huge movies at the box office as there are every year, but if you look at the numbers you can see the trends.

This site has a great breakdown of it.

http://boxofficemojo.com/yearly/

In 2002 the movie industry made 9.2 billion dollars at the box office. They sold 1,575.7 million tickets, released 477 movies and had an average ticket price of $5.81

In 2008 the industry made 9.6 billion, sold 1,341.3 million tickets, released 605 movies and had an average ticket price of $7.18


So what does this tell us.

It means from 2002 to 2008 the industry had about a 5% increase in revenue. Yet they had about a 26% increase in number of movies released and about a 23% increase in ticket prices. All the while they had a 15% drop in ticket sales.

So number of movies released is up, ticket prices are up, yet number of tickets sold are down and revenue is not growing at the same rate of ticket prices and all is okay?


I see trends that match economic times in that chart. That shows the number of tickets has increased, it's just off it's peak... and yes, the value of tickets sold has went down.

If more lower scale re-released movies have taken place, those aren't at premium rates, they are at much much much reduced rates, like the $1 theater. With MORE of those released, the average ticket price would drop greatly.

And "movie" entertainment, is on the decline overall... the "quality" rating is dropped to the floor with people, greatly. I'm shocked to see they did so well this year with so much 'hate buzz' going around about the cost of movies these days, and the quality, and the bitching of re-released movies.

At that... I would like to point out the price has increased every year, all the way back to 1980... the trend would say, piracy or not... it would still have done this. It was doing it before Internet Piracy.
__________________
~TheDoc - ICQ7765825
It's all disambiguation

Last edited by TheDoc; 11-16-2009 at 03:54 PM..
TheDoc is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote