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.
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Showbiz Sandbox 162: Did The Justice Department Destroy The Literary Ecosystem With E-Book Settlement?
September 10, 2012
Despite strong opposition from authors, publishers, retailers and the public, the U.S. Department of Justice settled their anti-trust case with three major publishers over e-book price fixing. Even an explanatory comic strip from a well regarded copyright attorney couldn’t prevent a ruling that some industry analysts say will enable Amazon to dominate the market. However, not all involved parties have settled, with Apple, Macmillan and Penguin awaiting trial on the charges.
The headlines weren’t any better for the movie business, where theatrical attendance over the past weekend was the worst on record in more than 10 years. It probably doesn’t help that Fox announced they would make movies available for digital download shortly after they hit theaters.
On the other hand, magazine publishers have a lot to cheer about for a change, especially when it comes to the skyrocketing sales of overseas titles.
Of course we cover all the week’s top entertainment news including the return of ratings powerhouse “Sunday Night Football”, Daniel Craig’s future as James Bond and why the Oscars telecast will be singing a new tune next year.
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