Average Movie Ticket Outlays Increased To $8.35 In Q4

movie tickets1Average ticket outlays were slightly lower than in Q2 when they hit $8.38, according to the National Association of Theater Owners. Still, the trade group’s latest number is up 3.7% vs the same period in 2012, making it the biggest year-over-year quarterly jump since early 2010. For the full year, consumers spent an average of $8.13 for a ticket, a new high that’s +2.1% vs 2012. Remember that several factors influence the average price — including how many people pay a premium to see a film in 3D or on an IMAX screen. The Q4 number was expected to be relatively high: The quarter had 3D hits with Warner Bros’ Gravity (80% of its domestic gross came from 3D venues) and The Hobbit: The Desolation Of Smaug, and Disney’s Frozen and Thor: The Dark World. The quarter also had several popular films targeted to adults including Paramount’s The Wolf Of Wall Street and Sony’s American Hustle. Ticket prices for adult-themed films are typically higher than they are for children’s fare. (more…)

This article was printed from https://deadline.com/2014/01/average-movie-ticket-outlays-increased-to-8-35-in-q4-666684/