Streaming and other leisure-time enticements appeared to take a bite out of movie ticket sales in 2019, with total admissions declining nearly 5% to 1.244 billion, according to the National Association of Theater Owners. Although the 2019 tally was slightly higher than the 1.236 billion recorded in 2017, the totals for both 2017 and 2019
Corporate Affairs
The Madison Square Garden Company said Tuesday it has notified the SEC of its plan to spin off its entertainment business and tighten its corporate focus on sports. In a press release, the company said it expects to complete the spinoff by the first quarter of 2020. The Dolan family, which has run MSG Co.
Comscore has named board member Bill Livek as its chief executive officer, replacing the interim CEO Dale Fuller. It also reported lower third-quarter revenue, but its net loss that was far less than Q3 last year. The CEO move comes as the show business data-measurement corporation is facing headwinds. It has seen several high-profile exec
Two and a half cheers for the Landmark Theatres in West Los Angeles. The parking escalators have been broken for weeks. Those purple and black staff outfits are a bit somber. And $15 dollars seems high for an hour and 35 minutes of Linda Ronstadt: The Sound Of My Voice, as delightful as it is.
Movie ticket prices fell 1% in both the second quarter and the first half of 2019, according to the latest figures from the National Association of Theatre Owners, but admissions and box office remain in the red. Average ticket prices came in at $9.26 in the second quarter, compared with $9.38 a year ago, with