US movie tickets get biggest price hike in history
Found on Ars Technica on Wednesday, 25 August 2010
2007, 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.
"Theater owners have gotten away with the biggest year-to-year increases in ticket prices ever," says Hollywood-focused publication The Wrap, "with average admission costs spiraling upward more than 40 cents in 2010, or over 5 percent."
So much for the "filesharing kills us" argument. It has always been a lie, but it's even more obvious now.