Company News: Page (1) of 1 - 08/31/14 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

Movie Theaters in the US Industry Market Research Report from IBISWorld Has Been Updated

  (August 31, 2014)
Movie Theaters in the US Industry Market Research Report from IBISWorld Has Been Updated

New York, NY (PRWEB) August 31, 2014

The Movie Theaters industry is struggling to bring viewers back to the silver screens. In recessionary 2009, the unprecedented success of Avatar, both in terms of gross box office and higher-priced 3D ticket sales, created a strong jump in revenue during that year, exemplifying the powerful influence of a single blockbuster on industry performance. However, competition from online streaming platforms has drawn moviegoers away from the theaters in the past five years. Sites like Netlfix and Hulu are providing attractive alternatives to viewers' rising disposable income. As a result, IBISWorld expects industry revenue to grow at a weak annualized rate in the five years to 2014.

According to IBISWorld Industry Analyst Darryle Ulama, External competition from substitute entertainment products and other ways of accessing films, including online video, on-demand services, internet-enabled TVs, smartphones and tablets, has increasingly shifted movie consumption away from theaters. Lower admissions over the past five years have caused a steady decline in the number of companies, while larger firms have consistently closed underperforming establishments. Operators are concentrating their screens in fewer but larger megaplexes, where costs can be spread over higher admissions and concessions sales. Domestic ticket sales are also rising, further discouraging attendance but boosting revenue, which is expected to grow in 2014.

Exhibitors are also focusing on upgrading their screens and auditoriums with digital projection systems and stadium-style seating, capital investments that are expected to continue over the next five years. In the five years to 2019, the industry will benefit from rising consumer disposable income, which will encourage consumers to spend on entertainment, says Ulama. In addition, blockbuster movies, especially those that offer 3D screenings, will be able to temporarily reduce falling admissions. Ultimately, however, IBISWorld anticipates competition from online video access to largely offset these positive trends.


For more information, visit IBISWorlds Movie Theaters in the US industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry comprises businesses that primarily exhibit movies. It includes cinemas, drive-in and outdoor movie theaters, and film festival exhibitors.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2014/08/prweb12131137.htm.


Page: 1


Related Keywords:


ati graphics cards
Radeon HD 4350 Graphics Card (ATi Radeon HD 4350 - 512MB DDR2 SDRAM 64bit - PCI Express 2.0)
By VisionTek, start from $ 80.58
Radeon HD 3450 Graphics Card (ATi HD 3450 - 512MB DDR2 SDRAM - PCI - DMS-59 - Retail)
By VisionTek, start from $ 122.62
Radeon HD 4350 Graphics Card (ATi Radeon HD 4350 - 512MB DDR2 SDRAM 64bit - PCI Express x16)
By VisionTek, start from $ 42.35
Radeon HD 4650 Graphics Card (ATi Radeon HD 4650 - 1GB DDR2 SDRAM 128bit - PCI Express 2.0 - DVI-I, HD-15, HDMI - Retail)
By VisionTek, start from $ 123.58
Radeon HD 3650 Graphics Card (ATi Radeon HD 3650 - 512MB GDDR2 SDRAM 128bit - PCI Express 2.0 x16 - DVI-I - Retail)
By VisionTek, start from $ 77.99
Radeon HD 2600XT Graphics Card (ATi Radeon HD 2600 XT 800MHz - 512MB GDDR3 SDRAM - DVI-I - Retail)
By VisionTek, start from $ 123.58
HOT THREADS on DMN Forums
Content-type: text/html  Rss  Add to Google Reader or
Homepage    Add to My AOL  Add to Excite MIX  Subscribe in
NewsGator Online 
Real-Time - what users are saying - Right Now!

@ Copyright, 2014 Digital Media Online, All Rights Reserved