Comment by breezybottom
6 hours ago
Cinema is dying? Hollywood is on track to have its best year since 2019. Where do people come up with this stuff?
6 hours ago
Cinema is dying? Hollywood is on track to have its best year since 2019. Where do people come up with this stuff?
Is that inflation adjusted?
Apparently the peak year for Hollywood was 2002, with $9.2b domestic box office (16.1b inflation adjusted).
Inflation adjusted outcomes and overall ticket sales down 30-40%
Overall ticket sales Globally are down 46% since 2000.
Please learn to tell financial engineering headlines from reality.
Ticket prices seem to have increased slower than general inflation
I'd suggest you do the same. You may want to believe that cinema is "dying", but none of the numbers support that argument.
Buddy, I just laid out the exact numbers that show less people go to cinema by almost half. The defintion of dying.
And beyond that if you go deeper, the revenue growth is almost entirely attribured to higher prices in ticket sales while attendance in real terms continues to decline.
What are you struggling with here?
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