Movie Theater Attendance Hits 24-Year Low, Ticket Prices Rise Nearly 4 Percent

The National Alliance of Theater Owners (NATO) announced Wednesday that the national ticket average for 2017 rose 3.7 percent year-over-year to $8.93, up from $8.65 last year. At that average, the estimated number of movie tickets sold last year is 1.23 billion. While that is only a rough estimate that does not account for the higher ticket prices for premium formats and theaters in more expensive cities like New York and Los Angeles, NATO’s estimate is the lowest since 1993, when “Jurassic Park” was the top grossing film of the year and an estimated 1.24 billion tickets were sold.
Read more: https://www.thewrap.com/movie-theater-attendance-hits-24-year-low-ticket-prices-rise-nearly-4-percent/?source=Snapzu