Movie Ticket Prices Rose Five-Percent In 2010
2010 saw one of the biggest increases in movie ticket prices of all time. Yet despite confirmed reports of theaters charging $50 for IMAX 3D showings, the actual, overall price hike only averages out to around a 39-cent increase. Average ticket prices rose more than 5% from $7.50 in 2009 to $7.89 in 2010 according to The Wrap. Itís worth noting that last year annual inflation only rose 2.3%. Movie ticket prices outpaced inflation by almost 3%.
So maybe thatís one of the biggest annual increases in recent history, but with $50 movie tickets becoming the norm in some areas Iíd say it could have been a lot worse. The thing really keeping that number from being closer to the $10 plus per ticket most of us are familiar with, are 2D showings which havenít really increased in price at all, while 3D prices have skyrocketed to ridiculous levels. Itíll be interesting to see what effect this has in 2011 as theaters convert even more screens to 3D, phasing out those unchanged 2D ticket prices which kept that average within the realm of the reasonable. Expect to see me here at this same time next year talking about even bigger percentage increases.
Hereís a complete breakdown of ticket prices over the years as detailed by the National Association of Theater Owners:
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