Movie Ticket Prices Hit New High In 2012 With A Modest Increase Over 2011

Year-end hits including Sony’s Skyfall, Lionsgate’s The Twilight Saga: Breaking Dawn Part 2, and Warner Bros’ The Hobbit: An Unexpected Journey helped propel the year’s average ticket price to $7.96, which is a new all-time high (not adjusted for inflation) but up just 3 cents from 2011 according to data out today from the National Association of Theatre Owners. The growth rate, at 0.4%, is close to 2011’s 0.5% — and contrasts with the steep growth in previous years including 5.2% in 2010, 4.5% in 2009, and 4.4% in 2008. But the growth pace accelerated at the end of 2012: Tickets sold for an average of $8.05 in Q4, which is up 2.8% vs the same three month period in 2011. That’s the biggest quarterly jump since fall 2011. The average price in Q3 was $7.78, a 2% drop from the previous year. Ticket prices hit the high point for the year in Q2 when they reached $8.12, up 0.7% from 2011. (more…)

This article was printed from https://deadline.com/2013/02/movie-ticket-prices-increase-2012-427515/