Re:MoviePass is changing the value of the movie theater expe...
by djsumdog on Friday December 15, 2017 @08:06PM
(#15936697)
I'm glad you mentioned theater revenue. When I worked in a theater, my manager would tell me they saw less than 5 cents per ticket on most movies, maybe a little more for independent films.
The $2.85 small bag of popcorn cost less than a penny in raw material to make. We made minimum wage with no overtime (theaters got a tax loophole back then; not sure if they still do) so even factoring in labor and electricity, it's still a huge profit margin.
Theaters chain execs love it I'm sure. Still even if/when MoviePass goes under, the studios will probably take a small hit for a while, but I'm sure they'll recover.
The $2.85 small bag of popcorn cost less than a penny in raw material to make. We made minimum wage with no overtime (theaters got a tax loophole back then; not sure if they still do) so even factoring in labor and electricity, it's still a huge profit margin.
Theaters chain execs love it I'm sure. Still even if/when MoviePass goes under, the studios will probably take a small hit for a while, but I'm sure they'll recover.