Despite this summer’s cinematic slowness, analysts say the drop in price is a good sign
Quentin Tarantinoin its domestic opening weekend and pick up worldwide steam from there. As the summer moves into fall,“All the people raising the red flag, it’s completely misguided. When the box office is down, everyone gets bummed out, [but] then it comes back,” agreedsenior media analyst for Comscore. “To me, it’s one of the most cyclical businesses out there.”
The decrease in ticket prices can be attributed to a number of factors, including theater promotions, discounts, and theatrical subscription services like AMC Stubs A-List. “That’s not much of a movement of the needle,” Dergarabedian said of the 12-cent decrease. “We’re not talking about a huge change.”
Lower ticket prices are also worth celebrating, he noted. “It’s good news for consumers,” he said, pointing out that price-sensitive moviegoers will have a new incentive to go to the theater—so long as the films there are high-quality enough to compete with the offerings of streamers like Netflix, which pose the biggest threat to the theatrical experience as we know it.streamer reported
that it had lost 126,000 paid subscribers in the U.S. during its second quarter, and had fallen short of its new subscriber estimation: 2.7 million subscribers this quarter, versus 5.5 million in the first quarter. The platform has also made headlines for
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