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The US Film Industry is Not a Growth Business


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Source: http://www.mediaredefined.com/part-i-the...

When one examines underlying industry metrics, however, a far more troubling trend begins to emerge. Film attendance per capita has been falling precipitously since 2002, with North Americans watching an average of 3.8 films per year in 2013 versus nearly 5 a decade ago. What’s more, this is actually an improvement. In 2011, the industry hit a 34-year low of only 3.7 films per year per person.

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The U.S. Film industry needs a new model that does not require getting people into movie theaters.

Something closer to Netflix / Game of Thrones with lower budgets and income through sales of Blu Ray and DVD and iTunes and streaming.

It costs way too much for the average person to go to a movie theater these days.

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