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How much money does your local movie theater make

how much money does your local movie theater make

So how do theaters make their money? Concession Margins. Theaters can stay in business because the profit margins on drinks and food is so high. Popcorn is likewise really cheap, mkvie they also how much money does your local movie theater make a huge markup for it. Their fixed costs with employees also leads to zero marginal costs for movie theaters in regards to selling concessions. Looking at the price discrimination graph below, Movie theaters markups in their concessions are reflective of second degree price discrimination, meaning that the theaters charge tgeater different price for different quantities. Price discrimination is the action of selling the same product at different prices to different buyers, in order to maximize sales and profits. The tickets are a form moey price discrimination as well for their are different ticket prices for certain age demographics.

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Sometimes, a film can do well in its first weekend and then stumble in later weekends. Of course, the promotional expenses are different for each film — Contrino points out that Fox didn’t seem to waste much money promoting Gulliver’s Travels , once it was clear they had a dud on their hands. The short answer is, it depends on a number of factors, but a rule of thumb seems to be that the film needs to make twice its production budget globally. Avatar’s performance is a great demonstration of global expansion. It varies from nothing, to several million dollars. According to the book The Hollywood Economist by Edward Jay Epstein, studios take in about 40 percent of the revenue from overseas release — and after expenses, they’re lucky if they take in 15 percent of that number. The reason for this is simple. Major studios and indie filmmakers alike now spend much of their days looking for new sources of revenue, because ticket sales are no longer the be-all and end-all for films. And a similar thing happened with the previous Narnia movie, Prince Caspian. Driver ‘intentionally’ rammed car killing 3, authorities say. But actually, the trend towards studios depending on DVD sales may have peaked already — in , for the first time in a decade, theatrical box office revenue was bigger than home-video revenue, says BoxOfficeAnalysts’ Stone.

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Get your answers by asking. And it used to be true across the board that the opening weekend was when the biggest percentage of profits went to the studios. A horror movie might or might not break even at the theaters, but it’s sure to make lots more money when it hits DVD. And this seems to be continuing into So how do you know if the box-office gods have smiled enough on your favorite movie that studios are likely to greenlight similar films? Still, there are a few tried and true ways that films can attempt to make money. You can see the securities filings for large theater chains to see how much of their ticket revenue goes back to the studios. Or is the percentage drop between the first and second weekends the important number? It varies from nothing, to several million dollars. The film industry is in flux, and ticket sales alone don’t drive revenue.

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It varies from nothing, to several million dollars. Mostly, it’ll be more towards the nothing end of the scale unless you happen to direct a successful show that plays on Broadway and around the world for a very long time.

Trevor Nunn, who directed many successful musicals, such as Cats and Les Miserable, is a multi-millionaire, for example. If you direct in regional theater, the pay is going to be pretty poor; if you direct on Broadway, or on London’s West-End and you have a decent agent, you’ll be on a percentage of the profits made by the play.

Mind you, you’ll need to put in a minimum of four years in college, preferably six or seven, then about another ten years in regional theater, working your way up from assistant director, to staff director, to artistic director, with a strong track record of directing successful shows and the knack of working well with the best actors.

And even then there’s no guarantee that you’ll make it big. Even Sir Trev fails — his last two musicals have been pretty awful and closed early, so there’s no guarantee that you’ll ever earn anything. Best thing to do is check out award rates listed at your local actor’s equity website. Basically, it’s not how much money does your local movie theater make to pay much, quite like acting.

Trending News. Nancy Pelosi’s daughter raises Trump security issue. Both sides cite dangers about Trump’s Senate trial. Tim Tebow marries former Miss Universe. Was this the last, best shot for Aaron Rodgers? NBA player’s career in jeopardy after car crash. Driver ‘intentionally’ rammed car killing 3, authorities say. The Rock shares heartfelt posts about late father.

Brady ready for ‘whatever the future may bring’. Thunberg: ‘Pretty much nothing has been done’. Dressed to impress: Niners pick Super Bowl uniforms. I want to look into a profession in theater directing but want to know how much it pays. Answer Save. Still have questions? Get your answers by asking .

Movie Theater Employees Reveal Secrets About Movie Theaters


Business Ideas Tool. You have found the perfect business idea, and now you are ready to take the next step. There is more to starting a business than just registering it with the state.

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We have put together this simple step guide to starting your movie theater. These steps will ensure that your new business is well planned out, registered properly and legally compliant. A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important monsy to consider are:. Ongoing expenses include labor, securing the rights to films, theater upkeep, insurance, facility rent, the cost of popcorn, candy and refreshments, and marketing. Upkeep of the theaters, the building and parking lot will likely cost a couple hundred dollars per month at a maximum.

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