US Theaters See Lowest Audiences For 23 Years

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: Dewayne Hendricks <dewayne () warpspeed com>
> Date: April 5, 2018 at 12:53:46 PM EDT
> To: Multiple recipients of Dewayne-Net <dewayne-net () warpspeed com>
> Subject: [Dewayne-Net] US Theaters See Lowest Audiences For 23 Years
> Reply-To: dewayne-net () warpspeed com
>
> US Theaters See Lowest Audiences For 23 Years
> By JOE SKREBELS 
> Apr 5 2018
> <http://www.ign.com/articles/2018/04/05/us-theaters-see-lowest-audiences-for-23-years>
>
> The US theater industry saw audiences drop to their lowest level since 1995 in 2017, but higher ticket prices meant 
> overall revenue dropped only 2%.
>
> In a report put together by the Motion Picture Association of America (per Variety), last year saw 1.24 billion 
> tickets sold, a 6% drop on 2016's attendance levels.
>
> However, ticket prices cushioned that drop, bringing in $11.1 billion over the course of the year. It's also worth 
> pointing out that 2016's $11.6 billion was a record high for the industry.
>
> By comparison, home entertainment spending rose 11% to $47.8 billion, primarily because of video streaming services. 
> Streaming service subscriptions rose 33% to 446.8 million.
>
> The unrivalled theatrical success story of 2018 so far has been Black Panther, which recently overtook Jurassic World 
> to become the fourth highest-grossing movie in US history - but it may face some competition from Marvel stablemate 
> Avengers: Infinity War when it arrives on April 25 in Australia, April 26 in the UK, and April 27 in the US.



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