Monday, March 29, 2010

Theatre Chains Jacking Up the Prices on 3-D Movies

Brownie, yer doin' a heckuva job:

Beginning today, the Wall Street Journal reports that many major movie chains, including Regal Entertainment Group, Cinemark Holdings Inc. and AMC Entertainment Inc., are raising prices for 3-D movie tickets. It reflects the steepest price increase in a decade. 3-D ticket prices are rising by as much as 26% in some areas, though the average increase will be closer to 8%. The average increase for IMAX screens is 10%. Some theaters in metropolitan areas will be charging nearly $20 for IMAX admissions.

It's almost like Hollywood is daring us to download their movies for free. Remember when the music industry charged $20 for a Compact Disc?

At this moment in history, you couldn't pay me to be a Hollywood executive. Once enough kids figure out they can download Transformers 2 in a matter of minutes, instead of paying $15 at the multiplex....

No comments: