4 ms·

That's an interesting idea. Do you have any data on this? I could believe that some money that would have previously gone to movies is now going to food, but I

• 1123581321 10y ago
  Sure, there are lots of links on Google. Here's one about teens showing restaurant spending increasing significantly and media spending (and some others dropping): http://www.businessinsider.com/how-teens-are-spending-money-2014-2014-10 http://www.businessinsider.com/how-teens-are-spending-money-... This report suggests if wages are falling, the auto category is taking the most significant hit. Discretionary spending (both restaurants and movies) stays steady or increases (the PDF has much more detail): http://home.isr.umich.edu/releases/how-teen-workers-spend-their-money-um-study-shows-trends/ http://home.isr.umich.edu/releases/how-teen-workers-spend-th... This suggests the 2008 recession did change habits, but notes that movies are the only public/external recreation service that's suffered. It blames home viewing being a good enough cheap alternative: http://www.nbcnews.com/business/economy/how-recession-changed-ways-americans-spend-money-n413386 http://www.nbcnews.com/business/economy/how-recession-change... So there are a few different slices that hopefully help isolate the problem for theaters that just as much or more is being spent on recreation, but it's being spent differently.
  • sogen 10y ago
    > home viewing being a good enough cheap alternative. So giving them a lot of options at home is killing going out to the movies? Makes sense. In the ol' days cable TV was like 6 channels. So kids HAD to go outside and do stuff (play).