Tickets Sales Drop in 2003

posted by Patrick Crowley on January 6, 2004 at 1:46 pm

Boxoffice ticket sales last year dropped for the first time since 1991, according to a report by tracking firm Exhibitor Relations. During the 2003 season, ticket sales totaled $9.27 billion, compared to $9.32 billion in 2002, a 0.5 percent drop.

The drop is being blamed on several factors: an unusually steep decline in attendance — at nearly 5 percent, a modest rise in ticket prices — the average ticket price was $6.03, up 18 cents from 2002, and weak product — many summer blockbusters fizzled at the box office.

More details can be found on Yahoo! News.

Comments (2)

sdoerr
sdoerr on January 6, 2004 at 7:17 pm

Definitely those high ticket prices, I mean come on around here the prices are $8. If you double that price you could get a DVD. I also think more people would rather stay in their homes in this generation, they know they can just wait and rent the DVD.

Manwithnoname
Manwithnoname on January 6, 2004 at 11:38 pm

2003 was one of the worst years on record for movies. This caused the steep decline in attendance.

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