Re:BMW Burns Logo onto Cinema-Goers’ Eyes
by eru on Thursday December 16, 2010 @12:15PM
(#2012750)
Yes. Though we wouldn't know whether the percentage rates would stay the same, if concessions weren't allowed. The current rates were negotiated with concessions in mind.
$10 ticket + $10 concessions = $10 net revenue (%25 of the ticket and %75 on concessions)
$20 ticket + no concessions = $5 net revenue.
It is the same reason CEO's take $1 salaries and stock grants/options. Salaries are taxed at %36-9 but long-term capital gains tax is only %15.