Box Office Decline
The recent decline in movie theater attendance has several causes. One such cause is the matter of cost. Carol Moore an owner of four theaters outside of Kalamazoo, MI argues that, “When gas price rise, people are watching their money, so we can’t let ticket prices get out of reach.” Drawing the connection between finances and fun is an important link in the decline of theater attendance. As Ms. Moore argues transportation expenses eclipse disposable income expenses such as movie going. OTX, a Los Angeles based research company states in Sharon Waxman’s October 8, 2005 Time York Times article “. . . sixty-eight percent [of the people interviewed] said they had attended fewer movies because it had become too expensive. That reason [the issue of cost] was citied far more than other factors like the decline in quality or a preference for waiting for the DVD.” Within our struggling economy it is not unreasonable to imagine that money once used for entertainment being placed into some......
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