Today's Hard|Forum Post
Today's Hard|Forum Post

Monday July 18, 2016

Movie Ticket Prices Hit Record High

Here’s more reason to wait for the Blu-ray or digital release. Ticket prices are increasing along with declining box office performance. How much is a ticket in your area?

Average ticket prices hit a new high during the second quarter of 2016, topping out at $8.73, according to the National Association of Theatre Owners, an exhibition lobbying firm. That trumps the previous record of $8.70, a pinnacle that the industry reached in the final fiscal quarter of 2015. The culprit is likely more premium format, IMAX and 3D screenings for recent hits such as "Captain America: Civil War" and "Finding Dory." These showings often carry surcharges. The latest numbers also represent a 1.7% hike from the first quarter average of $8.58 a ticket, as well as a 1.4% increase from the year-ago average of $8.61.

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