Showbiz Sandbox 191: The Misunderstood Math Behind Movie Ticket Prices
May 13, 2013
The average cost of a movie ticket dropped to $7.94 in North America during the first quarter of 2013. That’s according to the National Association of Theatre Owners, the trade group that keeps track of such figures. Patrick Corcoran, the vice president and chief communication officer of NATO, explains how the average ticket price is calculated and the perennial complaint that such a low amount can’t possibly be correct.
Meanwhile, television networks have been working overtime putting together their schedules for next season. That also means they’ve been making public which shows didn’t make the cut, a.k.a. got canceled. Did your favorite show survive for another season, or did it go the way of series such as “Smash”, which was axed as had long been predicted.
Such bad news isn’t something the Rolling Stones have to worry about. According to the legendary rock group’s concert promoter reports that tickets to shows aren’t selling is completely untrue. In fact, tickets were priced at an exorbitant $600 on purpose to keep the secondary market at bay.
Of course we also cover the week’s top entertainment news including YouTube’s pay channels, Barbara Walter’s retirement and legislation that calls for a la carte cable offerings.
‘Boomerang Family’ Surpasses 500,000 Admissions In Four Days
Europe Hits Record $8.5 Billion Box Office in 2012
NATO’s Average U.S. Ticket Prices
Broadcast Ax: Cancelled Shows 2012-13
A&E Execs Mock Networks
Jay Leno Tops Ratings In First Week Of Sweep; Why Is NBC Dropping Him Again?
Maintaining an ‘SNL’ Link, Meyers to Succeed Fallon on NBC’s ‘Late Night’
Nielsen To Include Internet Viewers In Its Definition of TV Homes
BAFTA Awards Announced
Rolling Stones Concert Promoter On ‘Flex Pricing’ Ticket Strategy: ‘I Want the Brokers Pissed Off’
Microsoft To Buy Nook: What It Means
B&N Stock Soars on Possible Bid For Nook
Producer of “2016: Obama’s America” Challenges Michael Moore’s Role At Academy Awards
YouTube Launches Paid Subscription Model
Condé Nast Entertainment to Launch ‘Vogue’ Digital Channel
Randy Jackson Confirms Leaving American Idol
Barbara Walters to Announce Retirement on Monday
John McCain Works On A La Carte Cable TV Bill
John McCain introduces Television Consumer Freedom Act of 2013