Streaming and other leisure-time enticements appeared to take a bite out of movie ticket sales in 2019, with total admissions declining nearly 5% to 1.244 billion, according to the National Association of Theater Owners.
Although the 2019 tally was slightly higher than the 1.236 billion recorded in 2017, the totals for both 2017 and 2019 rank as the worst years for movie ticket buying since 1995. While NATO has adamantly insisted that the rise of streaming only stimulates more theatrical moviegoing, there has never been a year like 2019 in terms of the caliber of features mounted by digital players. Netflix received the most Oscar nominations of any company for films like.
As to ticket prices, NATO said the average in the fourth quarter of $9.37 was nearly 4% higher than the previous year, and for all of 2019 the $9.16 average was up less than 1%. Overall, the total 2019 domestic box office was about $11.4 billion according to Comscore, down 4% from 2018’s banner $11.88 billion. Overall, the global box office it an all-time high of $42.5B with
Drop in admissions is not due to competition as US have been in decline since 2003 but industry failed to deal with the problem as BO continued to increase due to ticket inflation as seen by chart from MovieNumbers
Drop in admissions is not due to competition as US have been in decline since 2003 but industry failed to deal with the problem as BO continued to increase due to ticket inflation
Reserved seating sucks. I want to pick who I sit beside.
Since Regal and Cinemark are again ignoring start times by jamming in more commercials (even during trailers) the number will continue to dip. The greed of Regal and Cinemark is disgusting beyond words.
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