Theater Revenue Reaches Record Levels, Despite Cries About P2P Piracy
Of course, people keep going to the movies because it remains a cheaper form of entertainment (for now). However some analysts are suggesting that theaters have pretty much maxed out what people are willing to pay, and anticipate a backlash. Part of the reason for such record increases has been the latest 3D craze (rather the film should be in 3D or not). In fact, income from 3D films has accounted for 11% of box office income last year. The bad news? There’s nothing stopping the theater owners from continuing to squeeze us for every dime they can get.
[via Ars Technica]