|
The major studios have discussed a "Video On Demand" service that would allow people to see newly released feature films within weeks of the initial release but decided against it.
While ticket sales were down 6% from 2016, it can partially be due to the fact that 2017 didn't offer any blockbuster films, outside of The Last Jedi (which came in way short of expectations). Next year should be markedly better, with Solo, Avengers, Ant-Man & Wasp, etc.
But keep in mind, Box Office revenues were still $11.1 billion dollars, and that doesn't include the billions of dollars generated by the theater chains and exhibitors.
Overall box office attendance peaked in 2002, so this isn't a brand new trend. But as theaters continue to upgrade their sound systems, seating and concessions (more and more are serving alcohol, have built-in restaurants, pre-sale seats and more), nothing can truly replace the movie theater experience.
|