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....
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