Movie theaters can boost profits by expanding premium screens and lowering standard ticket prices
By
Joseph M. Singer
Summary
The article examines how movie theaters can boost profits and attract reluctant audiences by improving the in-theater viewing experience rather than focusing solely on distribution windows and marketing. It highlights the growing demand for premium large format (PLF) screens like Imax and Dolby, which generate the highest ticket revenue, while noting a shortage of such screens to meet demand. The piece also suggests making standard tickets more affordable to draw back casual moviegoers, arguing that the industry's recovery depends on enhancing the actual cinematic experience.
Source
Key quotes
· 3 pulledPremium large formats (PLF) — think: Imax, Dolby — are the highest-yield seats in the building.
The business lacks enough premium-capable screens to match the performance of modern films.
What's rarely in focus are the practical ways to improve the viewing environment: the actual experience of sitting in a theater and the format an exhibitor offers to the moviegoer.
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