« Kenya working to be the African Hollywood | Main | Does Hollywood have an answer? »

Jun14
36% of the most avid movie buffs would view movies at home

cinema2.jpgRecently we talked of how 85% of people would prefer to watch movies at home. In a recent study conducted by Nielsen Analytics and the Movie Advisory Board found that even among the most avid theater-goers 36% of them would stay a home if they were given the option of simultaneous releases. In other words, if they release the film and the DVD at the same time.

Nielsen Analytics general manager and senior vp Larry Gerbrandt said "If that were the norm in the industry, you would potentially see a drop in boxoffice admissions by 36%, the theater business could not sustain that."

The study which was named "The Modern Movie Experience," searched out how digital technology and changing consumer attitudes are determining boxoffice returns. The end results are that simultaneous releases will cause a huge fall in consumers going to the cinema.

Another aspect of the study revealed that younger consumers don't have any commitment whatsoever to the theater as the chosen means to watch movies and thus are probably the biggest challenge that will be faced in the long run.

The survey was conducted with 2,500 big movie fans nationwide, with 7 out of 10 say that they went to a minimum of 10 movies during the last 12 months.


1 Comments/Trackbacks




» Does Hollywood have an answer? from BizofShowBiz
Christopher Campbell at Cinematical posted today on Hollywood's troubles. Those of you that read here all the time know how much this problem is tackled on bizofshowbiz. Campbell mentions the emphasis that DVD sales has been to Hollywood and that... [Read More]

submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Kenya working to be the African Hollywood | Main | Does Hollywood have an answer? »

Advertise

Related Resources


American Gangster - Web's top movie destinations, Fandango, the nation's largest movie ticketing service

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

My site was nominated for Best Entertainment Blog!

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



BizofShowBiz is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb