Saturday, April 05, 2008

The Future of Moviegoing?

"Idea is that plushing up the current moviegoing experience will encourage auds that typically stay home to watch movies via their pricey home theaters to venture out again. But it's also a way for exhibs to make more money: Concession sales are kept by theater chains, while a little more than half of each ticket sold is split with the studios. Selling sushi and a glass of wine will command higher prices than popcorn and soda."

Marc Graser in Variety reports on the rise of luxury cinemas.

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