Homepage / Currency / Not even “The Last Jedi” will reverse Americans’ retreat from cinemas
Menyelami Dunia Slot Thailand: Keseruan dan Peluang Kemenangan Besar Menyelami Dunia Slot Thailand: Pengalaman Bermain yang Tak Terlupakan Nv Casino: Przewodnik po Świecie Gier Hazardowych Casino Wazamba Online Summary Discover the best local hookup internet sites for meeting wives Leading Gay Dating Apps: My Personal Collection test Télécharger 1win Sénégal apk 1win Sénégal inscription popochka Hesap Açma Promosyonu Veren Siteler Xslot Kumar ve Güven Merkezi Get the absolute most out of your ebony bbw site source Leading Online Casino Rocketplay Evaluation Find the right partner on nymphomaniac dating website what exactly are local sex websites and exactly how can they assist you to? casino 643 Online Casino 7slots Grandpashabet 2217 Güncel Giriş Adresi Grandpashabet2217 com 5804 grandpashabet güncel Trezor Suite Official Desktop && Web Crypto Ledger Live App: Buy, Sell, Stake and Swap Crypto Hardware Wallet & Crypto Wallet Security for Crypto Shared: The 7 Things Men Want from Females What is Ledger Recover? New Feature Review 2024 What is Ledger Recover? New Feature Review 2024 Enjoy the thrill of meeting new individuals in web adult chat rooms sex 1Win Burkina Faso Parie en ligne chez le bookmaker en Afrique Grandpashabet Bahis Sitesi Güvenilirlik ve Eğlencenin Buluştuğu Adres 0053 Southern African Men – Meeting, Dating, and More (plenty of Pics) Silvana lee adult Grandpashabet Grandpashabet Resmi Güncel Giriş 7719 Enjoy a fun, protected, and unique dating experience Nuevos casinos en Argentina: expansión y regulación conforme al juego responsable Philadelphia Gay Dating: Get The Best Partners Lucky Jet официальный сайт игры от 1win games Join our community of bisexual women and discover your perfect match today Merdeka777: Daftar Situs Judi Slot Online Terpercaya Make buddies and discover love with local fetish chatroom Лучшие Онлайн Казино С Высокими Выплатами На Рулетке 2025 SecretBenefits Assessment: Prices, Characteristics and Buyer Critiques Website Resmi UIN SMH Banten Abebet Slot Sitelerinde Hoþgeldin Bonusunun Avantajlarý Maltcasino: Yeni Üyeler Ýçin Hoþgeldin Bonuslarý Opiniones sobre 1xSlots Lee las opiniones sobre el servicio de 1xslot com What you’ll want to know Take step one towards love and pleasure today Making Uses Of Prednisone Tablets Take control of your love life in order to find bbw mature lesbians today Bahis Sitelerinde Ücretsiz Deneme Bonusları Nasıl Kullanılır? Rulet Masalarında Bonuslarla Daha Fazla Kazanın Player women online dating| discover single video games women at Masalbet: En Çok Kazandýran Casino Sitesi Gambling in Australia and Modern Settlement Methods: The Rise of PayID TUAN88 Situs Main Game Online dengan Aman dan Nyaman Brit Cam Place — Singles From British Look For Pleasant Companions And Dating 1xbet Registration ᐉ 1xbet Sign Up برنامج المراهنات الرياضية تحميل التطبيق العميل Eg 1xbet Com Cassino Kto Jogos Para Cassino Online No Brasil” 1xbet Apk 1xbet للموبايل حمل تطبيق 1xbet لأنظمة أيفون و أندرويد 1xbet مصر Eg 1xbet Com Melhores Casas Sobre Apostas No País Brasileiro 2024 Casa-apostas Apresentando” قم بتنزيل 1xbet على جهاز الكمبيوتر ، وكيفية تنزيل تطبيق سطح المكتب على جهاز الكمبيوتر برنامج المراهنات الرياضية تحميل التطبيق العميل 1xbet Com How To Try Out Roulette Rules & Guide How To Win From Slots: Top Ideas To Boost Your Own Chances How To Win The Car In Gta 5 Casino Win The Particular Gta Online Scène Vehicle How To Win The Car In Gta 5 Casino Win The Particular Gta Online Scène Vehicle How To Perform Slot Machines Najlepsze kasyna bez depozytu 2025 The Best Different Roulette Games Strategy Tips In Order To Win At Roulette Promozioni effettive di 22Bet in Italia Отзывы о казино Stake от реальных игроков 2025 о выплатах и игре The Best Different Roulette Games Strategy Tips To Win At Roulette Cassinos legais no Brasil: novas regras e melhores sites Top 10 Biggest Casinos In The Usa 1xbet 보너스 받는법 및 출금 롤링조건 등 사용법 총정리 온라인카지노 Kr Your Current Reliable Partner Regarding Tent Manufacturing Online Kaszinó Játékok És Élő Kaszinó Játékok History Of Las Vegas Casinos Who Else Built It & How Sin City Emerged To Be En Güvenilir Canlı Bahis Empieza Casino Sitesi Игровые Автоматы На мнимые Деньги Играть Онлайн В Лучшие Слоты How To Available A Casino: A Detailed Six-steps Guide Gaming Paradise Is Just Around The Corner: Top Ten Casinos Throughout Las Vegas Find the right person: tips for effective singles dating over 60 10 Regarding The World’s Largest Casinos: The Greatest Casinos Ever! Gamification : la limite entre jeu vidéo et casino en ligne se brouille Ufc 302 Gdzie Oglądać Za Darmo I Na Żywo? 2 06 24 ‎Casino ua online casino club on the App Store 1xbet تسجيل الدخول للجوال قم بتسجيل الدخول إلى حساب 1xbet الخاص بك “원엑스벳1xbet 프로모션 코드 2024: Jbmax Vip! Sweet Bonanza Ücretsiz Demonstration İle Oyun Deneyimi Verde Kaszinó: Új Kaszinó Oldal Rendkívüli Bónuszokkal! Türkiye Casino Sitelerinin Adresi 2024 En Iyi Türk Online Casino En Güncel Ve Güvenilir On Line Casino Ve Bahis Sitelerinin Adresi 2024 Listesi 1xbet 모바일 앱-어플 2024, 버전, 다운로드, 설치, Ios, 안 Diocesan Development Services To The Particular North Karamoja Dds-n Sai Dwaraka In Nessun Caso Tours & Travels Pin-up On Line Casino Türkiye En İyi Canlı Casino Oyunları Ve Slot Makineleri Strategies for making a bisexual woman feel very special and loved Diamond Casino Heist The Big Disadvantage Walkthrough Play 17, 800+ Cost-free Us Online On Line Casino Games No Get” Jouez au casino en ligne numéro un dans le monde 1xbet Login Guide » The Way To Sign Inside To Your 1xbet Account 2024 Better United kingdom Casinos One Undertake Credit card 1вин Бесплатно нет Регистрации Играть и Игровые Автоматы 1win Top Tips For Just How To Beat Slot Machines: Become A New Winner! 원엑스벳 도메인 주소 1xbet 우회접속 가입방법 안내 토크

Currency

Not even “The Last Jedi” will reverse Americans’ retreat from cinemas

THE new “Star Wars” film opens this week. “The Last Jedi” arrives in cinemas in time to boost expected ticket sales for the year to about $11bn in America, only slightly down from last year’s record. But the American film industry is in trouble. Tickets sold per person have declined to their lowest point since the early 1970s, before the introduction of the multiplex. Expensive flops have prompted studio executives to complain that Rotten Tomatoes, a ratings website, is killing off films before their opening weekends. The studios count on remakes and sequels to attract fans; such films account for all of this year’s top ten at the box office.

It may get worse. Americans are losing the film-going habit as new sources of entertainment seize their attention. Netflix and other streaming services have made it more convenient to watch movies and TV programmes anywhere, on internet-connected TVs, tablets and smartphones. Apps such as Facebook and YouTube are fine-tuned to keep users gawping. Americans spend more than eight hours a day on their various devices, compared with just over four hours a day on TV in 2002, according to Nielsen, a research firm.

  • Retail sales, producer prices, wages and exchange rates

  • Foreign reserves

  • “The Last Jedi” tears down—and rebuilds—the Star Wars franchise

  • Why Turkey and Greece cannot reconcile

  • When politicians and executives get caught out

  • Lessons from ancient Greek coinage

That leaves little room for the cinema. Americans are on track to have bought around 3.6 movie tickets per person by the end of the year, down by 30% from 5.1 in 2002. They pay $8.93 for a ticket, 54% more than 15 years ago, which means, for now, higher total takings, but attendance is expected to decline further. Frequent filmgoers—those who go once a month or more—have dwindled, from 28% of North Americans in 2002 to 11% in 2016, according to the Motion Picture Association of America. The average American goes to the cinemas only to take in a big-budget spectacle or the occasional buzzy hit.

This shift in how people consume entertainment has also changed how it is made, further boosting the allure of the couch. Competition for subscribers among Netflix, Amazon, HBO and other pay-TV services has substantially increased investment in television series and films made for home viewing. Why go to the cinema when you can binge-watch “The Crown” and “Stranger Things 2”? MoffettNathanson, a research firm, reckons that Netflix’s production of films that never reach the big screen will reduce movie ticket sales in America by $300m-1bn a year.

With the exception of Disney, profits are stagnating. Last year the earnings before interest, taxes, depreciation and amortisation of the film studios at Fox, Time Warner, Universal and Viacom (Paramount) added up to $1.8bn, down from $1.9bn in 2010, MoffettNathanson estimates. Studios used to make a lot of money when consumers stayed at home, from DVD sales of their films, but no longer. When “Revenge of the Sith”, another “Star Wars” film, was released in 2005, retail sales, rentals and downloads of all films totalled $25bn, with the studios taking fat profit margins. That market collapsed to $12bn last year, according to The Numbers, a website. Streaming revenue is on the rise, but less of that money goes to the studios. (Disney is likely to buy Fox in part to bulk up its own streaming service, which it plans to launch in 2019.)

Studios rely increasingly on international markets for box-office returns, especially fast-growing emerging markets such as China. China’s box office is expected to grow by more than 20% this year to about $8.3bn, and could surpass America’s by the end of the decade. The country added more than 1,600 cinemas last year—more than four per day. In America, some exhibitors have invested heavily in upgrades, such as recliner seats, to attract customers. Others have sold out of the market. That may have been wise. AMC Entertainment, a large North American chain in which Dalian Wanda Group of China holds a majority stake, has been on a spending spree to acquire smaller chains. Its share price has fallen by 55% this year.

Studio and cinema executives argue that the secular trend in American film habits is less about decline than a change in tastes. Jeffrey Katzenberg, a former head of Disney’s film studio and co-founder of DreamWorks Animation, observes that American film-going has evolved from a “blue collar egalitarian” habit to a more “upscale” experience, at cinemas with luxuriant comforts and IMAX and 3D screens. That may be true, but there is a limit to how long new technology can justify rising ticket prices for the silver screen.

Source: economist
Not even “The Last Jedi” will reverse Americans’ retreat from cinemas

Comments are closed.