http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-movie-ticket-prices-up-20150120-story.html
The article I read is about how ticket prices rose as compared to ticket prices from 2013. It is,"The average price of a movie ticket rose to $8.17 in 2014, the highest
yearly average on record, according to The National Assn. of Theatre
Owners." The cause of the raise on average was due to the successful of Guardians of the Galaxy later in the year. The article also talks about how in bigger cities the prices of tickets are significantly more than those of smaller cities."an adult movie ticket for an evening showing at AMC Century City is
$14.49. By comparison, at AMC Oakview Plaza in Omaha, the cost of an
adult movie ticket for an evening showing is $6.73." The cause of this being "box office slump." The box office reached an estimated $10.3 billion in 2014, down about 5.2% from 2013's record of $10.9 billion. The article says that the slump was due to the struggle "to lure in moviegoers with growing
competition from home entertainment options such as Netflix,
video-on-demand and video games." In response to this many theaters renovated, adding "premium services such as extra-large screens, improved sound systems and in-theater."
I chose this article because I thought it was rather interesting that in 2014 the price of a movie ticket rose. If the trend continues, as predicted, how high will prices go? This article is important because it shows how last year, due to the "slump" prices rose. As a consumer this worries me; why do I have to pay more, nearly twice as much, to seethe same movie as someone who lives in a smaller cities, whereas I live in a larger. As a filmmaker this shows me how it is important to produce movies that not only are "good" but good enough, if not better, to keep an audience coming back to watch it over and over again and or recommending it to their friends and family.
Friday, January 30, 2015
Friday, January 23, 2015
http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-dreamworks-layoffs-20150122-story.html
The article I read is how Dream Works plans on laying off over 500 employees because they feel it would save them more money. As of recent years Dream Works has been in somewhat in a slump as they are not making nearly as much money in the box- office as opposed to previous years. The lay off of the 500 employees is said to be "best" for the studio as it would also lessen their payroll and he number of movies released per year; from 3 to 2. Although this seems like a bad thing to must the studio has said, that by doing so they will be able to spend more time and effort of the movies released for greater revenue.
This article is important because it shows business side to the film industry. It shows us how a major studio can suddenly lay off people just to save a quick buck. As a filmmaker this shows me that he work in the field is tough and if you really want to make it you must be at the top of you game or else thing like this, where the studio lays you off, happens.This article raises a few questions in my head such as: would laying off all those people really benefit the studio? Why would you decrease the number of movies you release per year if that is where your source of income is? In my opinion I don't think they should have laid off all those people nor have decrease their number of movies produced per year. Doing this doesn't really solve anything, yes it save you a quick buck, but if you are consistently not making as much money as you expect per film, wouldn't it be a bright idea to maybe think about investing in better movie ideas or more movies? To make money you must first spend money.
The article I read is how Dream Works plans on laying off over 500 employees because they feel it would save them more money. As of recent years Dream Works has been in somewhat in a slump as they are not making nearly as much money in the box- office as opposed to previous years. The lay off of the 500 employees is said to be "best" for the studio as it would also lessen their payroll and he number of movies released per year; from 3 to 2. Although this seems like a bad thing to must the studio has said, that by doing so they will be able to spend more time and effort of the movies released for greater revenue.
This article is important because it shows business side to the film industry. It shows us how a major studio can suddenly lay off people just to save a quick buck. As a filmmaker this shows me that he work in the field is tough and if you really want to make it you must be at the top of you game or else thing like this, where the studio lays you off, happens.This article raises a few questions in my head such as: would laying off all those people really benefit the studio? Why would you decrease the number of movies you release per year if that is where your source of income is? In my opinion I don't think they should have laid off all those people nor have decrease their number of movies produced per year. Doing this doesn't really solve anything, yes it save you a quick buck, but if you are consistently not making as much money as you expect per film, wouldn't it be a bright idea to maybe think about investing in better movie ideas or more movies? To make money you must first spend money.
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