Assignment 8: Ferguson

The way in which we view movies has dramatically changed in the last decade. With the rise of tablets and online streaming services many consumers have dramatically reduced the amount of time they spend going to a physical theatre. Yet as you can see below while the number of tickets sold annually has been on a steady decline the revenue movie theaters have made has continued to rise along with the price of tickets.

As  theaters continue to make improvements to the movie going experience it will be interesting to see weather or not they reach a breaking point in the rising cost of tickets and whether or not they can continue to compete with the convenience of online streaming.

Source: http://www.boxofficemojo.com/about/adjuster.htm

 

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