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Cinema is dying? Hollywood is on track to have its best year since 2019. Where do people come up with this stuff?
by breezybottom 3mo ago
Cinema is dying? Hollywood is on track to have its best year since 2019. Where do people come up with this stuff?
- tsunamifury 3mo agoInflation adjusted outcomes and overall ticket sales down 30-40% Overall ticket sales Globally are down 46% since 2000. Please learn to tell financial engineering headlines from reality.
- breezybottom 3mo agoI'd suggest you do the same. You may want to believe that cinema is "dying", but none of the numbers support that argument.
- tsunamifury 3mo agoBuddy, I just laid out the exact numbers that show less people go to cinema by almost half. The defintion of dying. And beyond that if you go deeper, the revenue growth is almost entirely attribured to higher prices in ticket sales while attendance in real terms continues to decline. What are you struggling with here?
- breezybottom 3mo agoSo what? Revenue is price times quantity. One can offset the other, in fact, you just explained how.
- tsunamifury 3mo agoBy your rather … interesting… logic. Opera is most popular now than in the 1800s. (It’s not).
- breezybottom 3mo agoPopularity was never part of the conversation.
- tsunamifury 3mo agoThis is getting increasingly silly Popularity is a contributor to 'life' aka not dying. Revenues are down Ticket sales are down Popularity is down. Stop my guy you're just showing yourself to be foolish
- autoexec 3mo agoThe number of people who buy tickets to sit in theater to watch movies is not a good measure of people's interest in watching movies or the success of the medium. Most people are streaming films and while streaming services continue to suck at very basic things you'd expect from a media player they're still very popular.
- Izkata 3mo agoThey did say "cinema" all the way up this comment chain, not "movies". They're not the same thing and it does refer to sitting in theaters.
- zeroonetwothree 3mo agoTicket prices seem to have increased slower than general inflation
- Tade0 3mo agoIs that inflation adjusted? Apparently the peak year for Hollywood was 2002, with $9.2b domestic box office (16.1b inflation adjusted).