Sunday, December 25, 2011

Box office attendence down to 1.27 Billion attendees this year in U.S. Theaters

Cruise Takes Quiet Christmas With $26.5M 'Mission'

begin quote from above news article:

The picture gets worse taking into account higher ticket prices, which mean Hollywood brings in fewer fans for each dollar spent. Actual domestic attendance for 2011 will close out at about 1.27 billion, down 5.3 percent from the previous year's and the lowest head count since 1995, when admissions totaled 1.26 billion.
"Thank God 2011 is almost over, because we've had a real rough run here at the end of the year," said Hollywood.com analyst Paul Dergarabedian. "We always count on the holiday season to give us a big boost at the end of the year, and it just didn't happen.

Since the year long revenue this year will be only 1.27 Billion with the lowest head count since 1995, what can we expect from movies in the coming year or years?

It is possible that as films become ever more expensive to make and that in order to even "Break even" financially they have to make a certain amount that film making might have reached a time of "diminishing returns" as far a the big blockbusters go. So, what the future will actually bring probably has more to do with both the movie going public and the movie makers themselves. There probably needs to be a little more communication between the two for both to wind up happy in the end. I personally think there needs to be more independent thinking among film makers. Without the almost infinite creativity of truly independent film makers larger films tend to be just so well thought out by so many different minds that the truly bizarre things that make a movie worth watching are left on the cutting room floor so as not to offend anyone. And there I think is the rub. Without someone (or something)  new and interesting, people are just not going to part with as much money as a movie ticket is today.

No comments: