Overseas Ticket Prices Help The Overseas Box Office Numbers!

by on March 21, 2012

in Entertainment

Box Office El Capitan, Hollywood Blvd by Andreas Praefcke wikipedia commons image

When I see how well a movie does in the overseas box office reports, my first assumption has always been that our overseas movie-fan brethren just like some of these movies a lot more than we do and pile on into the movie theater in greater numbers.

That’s fine and dandy… but I started wondering what movie-goers pay for movie tickets over there? I was pretty surprised to find out that ticket prices aren’t quite the same and it’s not that overseas fans swarm the movie theater!

The reason movies do so well overseas is focused monetary faith!

In Japan, it costs $24 for a movie ticket. (And $11 for a beer! Now that’s a crime!) Egads, $24 is pretty steep if you ask me.

Check out these prices:

  • Seoul: $8;
  • Caracas: $9;
  • Tel Aviv: $10;
  • Moscow: $14;
  • Rio de Janeiro: $14;
  • Luanda, Angola: $14;
  • Paris, France: $15;
  • Helsinki: $16;
  • Sweden: $16;
  • Denmark: $16;
  • Norway: $17;
  • Australia: $18;
  • Switzerland: $19;
  • Japan: $21

So it turns out that in some places, it take only half the number of people seeing a movie to generate similar income for a project. That’s pretty interesting, considering the arguments out there that balance out box office monies vs. butts in the seat kind of metrics. That argument being that the actual records set at the box office by the dollar, is the more important metric of the day. It’s what people are willing to spend, showing up to pay the money, that some say is the bottom line to a box office record.

But when you consider that 1939 ticket prices cost 39 cents a ticket and today… sheesh… it takes 20 to 30 tickets from 1939 to rival one ticket today, depending on what time you go to see the movie. I’ve always been of the mind that like mathematical studies, sometimes things are put on a logarithmic scale to even things out. Instead of comparing inflated prices to latter year prices, I found a site that estimates the number of tickets sold. In other words, how many butts are in the seats.

With that said, according to Box Office Mojo, domestically Gone with the Wind sold 220+ million tickets while Avatar sold 97 million. Wow, huge difference in seat numbers, the power of inflation!


sources:

boxofficemojo: adjusted box office ticket salesbusinessweek: businessweek/slides/finance.yahoo

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