Movie Theaters - US - October 2017
Movie theaters face stiff competition from other content providers for consumers’ leisure time and dollars. However, total movie theater revenues are estimated to reach $17.2 billion in 2017, representing a 23.1% increase from 2012-17. As ticket prices rise and theater menus expand, Mintel forecasts total movie theater revenues will grow 18.4% over the next five years to reach $20.4 billion in 2022.
This report looks at the following areas:
Streaming options combat high ticket prices
Sequel fatigue changes movie landscape
Disconnect between desires and reality
US theater performance may not be necessary to studio success
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