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Map shows how much movie tickets cost around the world – How does Hungary rank?
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It could be a tagline for struggling movie theaters in 2021: No Time To Die. The newest James Bond movie echoes the challenges faced by cinemas in the age of Covid. Time and time again, the release of James Bond #25 had been canceled as lockdowns forced theaters to close.
And, just like the Bond franchise, cinema must reinvent itself to survive in the modern world. In the 20-year gap between GoldenEye (1995) and Spectre (2015), ticket sales for all movies rose by precisely zero, staying at 1.3 billion tickets worldwide while the global population grew by 2 billion.
Online movie streaming is a formidable villain – but this is not a zero-sum game. Netflix et al. have the advantage of convenience and affordability.
But streaming has revitalized our passion for movies. And that passion is tempting us ‘out of retirement’ to go back to the theaters in record numbers.
In some places, ticket prices are rising to fuel the recovery, while others are dropping prices to tempt back movie-goers in greater numbers. NetCredit uncovered the price of movie tickets in every country and compared them to local wages to see who’s getting the best deal. And then they found the number of movie theaters in every country and US state and city to see who’s making a killing.
