US movie tickets get biggest price hike in history http://bit.ly/bcGiRu
If the US cinema industry was really under pressure there’s no way they could get away with a price hike! Despite the wailing of the MPAA, movie revenue continues to set new records every year. Whatever problems they have are their own business model ones.
Don’t weep for the movie biz. While still concerned about camcording and P2P piracy, the industry has been hauling in the cash at the box office.Â 2007,Â 2008, and 2009 all set new historic highs for movie theater revenue in the US and Canada, and 2010 looks poised to do even bigger business.