Archive for March, 2012

A Fair Movie Ticket Price

Posted: March 26, 2012 in Standard
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$6.75.

After taking on opportunity this weekend to view “The Hunger Games”, I wanted to revisit Movie Ticket Prices.  As a 31 year old man who formerly worked a 2nd job at a movie theater for 8 years, I am about as price sensitive to movie ticket prices as one can be without becoming “unfair”.

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As an employee of a theater, I used to see every movie I desired (and some I didn’t) for free.  This is my basis for being price sensitive.  Any amount I pay today is painful compared to free.  Another reference point you can see comes from my earlier post on ticket inflation.

Keeping in mind that inflation for federal minimum wage, the 1965 dollar, and the average movie ticket have traditionally been relatively close, I have to look at where things are at this point in time.  First, the caveat.  While “Dollar Inflation” is what I consider “a defined metric” (meaning that the 1965 dollar has a single value in terms of today’s dollar), the minimum wage metric is only for the Federal level.  In states where the minimum wage may be higher, a higher movie ticket price may be warranted.  However, in no state can the minimum wage be lower than the federal, so the reverse is not true.

Current Price

The current average movie ticket price is near $8.00 a ticket  $1.00 over monetary inflation and $0.75 over Federal Minimum Wage.  However, the key here is  average movie ticket price.  Who here can go see a first run movie in a theater for $8.00?  The reality is that Weekend Evening Prices are easily $11.00 for an adult in a smaller market like Denver and can top $17.00 in large cities such as New York.

So, how does the industry only have an average ticket price of $8.00 when it’s gouging it’s most loyal audience during peak times?  I don’t have an answer for you, but I’ll give you some obvious tips.

1) Don’t go during peak times.  Movie theaters generally have tiered pricing for certain days and times.  A matinee discount before 4pm, an early bird 1st show, or a designated weekday.  One chain near me has $6 weekend shows before noon, regardless of release date.  Even better, another chain has two separate theaters, one with a $5 Tuesday, the other with a $5 Sunday…regardless of release date or time of movie.

2) Plan in advance.  Large chains typically will sell movie passes at grocery stores or online for a discount.  In Denver, AMC sells unrestricted Gold Passes for $8.50, so stopping at a Kroger store on the way to the theater will save you $5 for two.

3) Sign up for rewards.  Generally, each chain will have a point accumulation program that rewards you for your spend.  If you go frequently enough anyway, you should sign up for these programs so that you aren’t leaving money on the table.

If nothing else, if the high ticket prices are getting to you, stay at home and rent a movie from Redbox or stream a movie from Netflix.  If the selection isn’t good enough, you can always stream in HD for $5.00 a movie from your cable/satellite provider, Apple, Google, Amazon, Vudu, or some other schmuck and you can pack as many or as few people on your couch as you desire.

Obesity Trends Since Mid-80s

Posted: March 22, 2012 in Standard
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Colorado provides data starting in 1990. Watch Colorado as the rates increase over time.

Movie Ticket Inflation

Posted: March 22, 2012 in Standard
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Heading through some of my old files, I decided to update a graph I created a few years back.  This is an interesting look over 70+ years at the Value of U.S. Money vs the Value of a Minimum Wage Hour vs the Price of a Movie Ticket.

All three typically stay in lock-step with each other, but you’ll notice that around 1993, the movie ticket started making a dash to catch up and eventually surpass the monetary inflation around 1999.  Today, Movie Ticket Inflation sits $0.91 above monetary inflation.

Note that the best time to be a movie-theater going minimum wage earner was between 1974-1984 when Minimum wage was above the dollar’s inflation and the average movie ticket price.  Since then, minimum wage has struggled to keep up with ticket prices.

Vote Now! Marc Randazza

Posted: March 15, 2012 in Standard

In the spirit of the moment, I’ve created something that I’d like to get the public’s feedback.  Vote as many times as you like! If you need help in deciding how to vote, check out the links below:

The Fraud Files Blog
The New York Personal Injury Blog
The Trial Warrior Blog
Philly Law Blog
Popehat

Marc J. Randazza is an amazing individual.  For those of you who are not familiar with Mr. Randazza, he is an attorney who specializes in First Amendment issues.  For the purposes of this article, I ask that you do not focus on my technical ability to write coherently, and embrace the ideas that I put forward.

Marc Randazza is, what might be considered, an American Bad-Ass.  Marc Randazza has been there for a number of my on-line friends when faced with legal issues such as “take-down” threats that silence their right to publish a blog.  Marc Randazza also sparks discussions on his “The Legal Satyricon” blog.

Marc Randazza’s awesomeness even extends to CNN.com where he’s contributed several special opinion articles, most recently one regarding Rush Limbaugh.

Even Marc’s picture on Wikipedia is awesome.

But don’t take my word for it.  If you want to truly see how awesome Marc Randazza is… just head over to Popehat and get the real scoop.

All my best to the 1 person who reads this.  Me.

Open Comments

Posted: March 15, 2012 in Standard

Welcome: This my un-popular place where we can share a simple dialog or work on our HTML tags in the comment sections.  I’d much rather not be popular, so shhh!