The student news site of A. C. Reynolds High School.

Cedar Cliff News

The price of going to the movies

https%3A%2F%2Fimg.grouponcdn.com%2Fdeal%2F970d39131171422583c7fe7c65ff310c%2F0c%2Fv1%2Fc700x420.jpg
https://img.grouponcdn.com/deal/970d39131171422583c7fe7c65ff310c/0c/v1/c700x420.jpg

https://img.grouponcdn.com/deal/970d39131171422583c7fe7c65ff310c/0c/v1/c700x420.jpg

https://img.grouponcdn.com/deal/970d39131171422583c7fe7c65ff310c/0c/v1/c700x420.jpg

Krista Runion, Associate Producer

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






If you go to the movie theater to see a movie any time soon, be prepared to pay about $8 – $12 for a ticket. Of course at some theaters tickets cost less and some offer lower prices for matinee showings. This price ($8) is “the average price” and in “most urban areas $8 is the matinee bargain price” (https://www.usatoday.com). It seems as though these prices have been constantly increasing over the years.

“In 2000 the average ticket price was $5.40, today [it is] $8.06” and this price does not include the “$3 to $5 surcharges for add-ons like 3D and IMAX” (http://www.businessinsider.com). There was a startling $1.15 price increase from $5.40 in 2000, to $6.55 six years later in 2006; that is about a 21 ½% increase over those years. This increase is getting more rapid and unpredictable. Box Office Mojo.com estimates the average price of a movie ticket in 2017 to be $8.84. These prices do not include snacks, so do not forget the varying price of $5 to $10 for popcorn and a drink. After you add all of those expenses in, you could be paying as much as if you had purchased two tickets. Kendall Zorn, a junior at AC Reynolds High School, said these high prices could cause people to “wait for [the movie] to come out of theaters”.

An interesting fact is that although these ticket prices to attend movies are increasing, the number of people going is also increasing. This is not the most predictable trend to be associated with higher prices. Some might say that this occurs because buying “movie tickets are still the cheapest option compared to tickets for other events, such as “MLB, NFL, and NBA games, and theme park tickets” (http://www.cbsnews.com/news). Others might say it is because the movies are better and you have to see them on the big screen. This could be a possibility because we have seen countless box office hits in previous years.

Just a few weeks ago the movie “The Fate of the Furious” surpassed the $529 million earned by “Star Wars: The Force Awakens”. F8 currently tops the charts as the biggest global (movie) opening earning $532.5 million. If movies are making this much money, why are ticket prices so expensive? To answer this, you need to first understand how a movie becomes a box office hit. Moviegoers buy tickets at the box office which means that the movies on the box office charts are determined by the amount of tickets sold and how many people purchased them. As the earnings of these movies are rising, so are the costs to make these movies, which could attribute to the increasing ticket prices.

Movies are becoming more sophisticated, digitalized, and have all around better quality. Therefore, this is causing the budgets to increase, causing it to be more expensive to make a movie. In addition to paying the budget (all of the expenses to the crew and other variables) they also have to make a profit. They do this by movie ticket (box office) sales. This could be why ticket prices are increasing and continue to increase today.

When going to see a movie on the big screen, check your local theater for matinee and promotion prices (reduced prices for certain times or certain days). Some movies are just worth seeing in theaters.

Print Friendly

Leave a Comment

Comments are closed.

Navigate Right
Navigate Left
  • The price of going to the movies

    Showcase

    City Council Approves JBL Turf Investment, Amid Cancer Concerns

  • The price of going to the movies

    Features

    Teacher spotlight: Mrs.Brown

  • The price of going to the movies

    News

    Asheville’s Heroin Epidemic

  • Arts and Entertainment

    Trends through time

  • The price of going to the movies

    News

    AP testing

  • The price of going to the movies

    News

    Attendance Policy

  • The price of going to the movies

    Arts and Entertainment

    #NOTMYRODRICK

  • The price of going to the movies

    News

    Animal Testing

  • The price of going to the movies

    News

    Make America Green Again

  • The price of going to the movies

    Features

    Daylight saving time

The student news site of A. C. Reynolds High School.
The price of going to the movies