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This topic comprises 2 pages: 1 2
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Author
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Topic: Steep increase in AMC discount ticket prices
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Mitchell Cope
Master Film Handler
Posts: 256
From: Overland Park, KS, United States
Registered: Jun 99
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posted 09-12-2002 07:03 AM
As of September 3, AMC (at least in Overland Park, Kansas) has eliminated their $3.75 twilight shows. All matinee shows before 6pm are now $6.50. After 6pm, adult admission is $8.00. That's a pretty steep increase. Knowing that for a movie in its first few weeks in release, 90% of that increase is going to the distributor. AMC has done an effective job in the area of eliminating the competition, but many people now cannot afford to go to the movies. Double ticket prices are rapidly converging with the price for a family to own the DVD when it's released.I know you guys are theater managers and what not. I know that the distributors make your profitability in line with the American farmer. But does it really make sense to almost double your discount ticket prices when so much of that goes to the distributor anyway? I hate to say this, but couldn't a more moderate increase at the concession stand have brought about the same result without locking people out of the theaters? And whatever happened to the idea that AMC was going to sell a monthly pass? Did the distributors nix that idea in the bud?
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Paul Linfesty
Phenomenal Film Handler
Posts: 1383
From: Bakersfield, CA, USA
Registered: Nov 1999
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posted 09-12-2002 09:11 AM
QUOTE: quote: Knowing that for a movie in its first few weeks in release, 90% of that increase is going to the distributor.
Only after the house allowance is subtracted from the total boxoffice. It's 90 percent of the "net", not the gross. In more cases than not, the floors have kicked in, even during the first few weeks, with 70 percent for the first week or two, then 60, 50, 40, 35 and out the door. Theatres actually generate more income from the boxoffice than is usually believed. It still takes both boxoffice and concessions revenue, however, to make a stable business. A larger percentage of a theatre's overall profit derives from the snack bar, but there's still some profit to be made from the boxoffice as well.
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Mark Lensenmayer
Phenomenal Film Handler
Posts: 1605
From: Upper Arlington, OH
Registered: Sep 1999
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posted 09-13-2002 08:36 AM
I can buy BLADE II the first week of release on DVD for $15.99 + get a CD of the music free. I can play it at my leisure at home as loud or as soft as I want, stop it when I please, and snack on popcorn at about $.30 a bag. I can buy two bags of miniature Milky Way and Snickers candy bars for $3.00 total. I can hear the film on a 6-channel system (yes, there is discrete 6:1 DTS-ES) and modify the system to match my personal tastes. Why should I spend my money at a theatre?OR, I can stay home, and watch whatever comes over STARZ and have almost everything in 5:1 Dolby Digital. I certainly not going to stop going to movies, as for some pictures, the big screen experience is essential (I will only look at LAWRENCE with a 70mm print), but I'm certainly seeing FEWER pictures in theatres. This constant hype about grosses is meaningless since the prices have gone up. There is a LIMIT to how much the public will spend on going out.
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