Do Movie Theaters Really Make All Their Money From Popcorn and Candy?

The privilege of satisfying one’s sweet tooth while enjoying a flick on the big screen can be costly.  Prices as high as five dollars or more for a box of candy, soda or bag of popcorn alone are not uncommon in some cinemas.  That can be five times (or more) what these items cost in the super market or a typical vending machine.  These facts lead many to conclude that movie theaters make all their money from these concessions, a myth that has turned into urban legend.

Surveying recent public financial statements from the three largest theater chains—AMC, Regal and Cinemark—reveals the truth of the matter.  Each of these theater chains earned about 70% of its total revenue from ticket sales, about 25% from concessions, and the remainder from other sources (such as on-screen advertising, rental of the theaters to third parties, gift card fees and the arcade games you might see in the lobby). Continue reading

Eight Reasons to Quit Cable TV

Two years ago I canceled my cable TV subscription and never regretted it, and you should consider doing it too, for the following eight reasons:

1. Cable is too expensive. At $60-$100 per month, depending on what you subscribe to, that money can be put to better use — and I don’t mean on something other than entertainment. With this budget at your discretion each month, subscribe to Netflix ($10-$30), go to the movie theater ($20-$40) and have enough left over to buy/rent a TV show or movies from iTunes, Amazon or the local video store. Sure, you can’t get everything that’s on TV that way, but once you shut off access to cable, you soon forget about what you might have had if you had it, and focus on enjoying the shows you do have access to. Continue reading

Back to the Future Remake as TV Series?

New DeLorean?A new DeLorean may be in the works, which appears to be based on the Saturn Sky / Pontiac Solstice two-seater made by General Motors. It’s not clear if the car will be all stainless steel, like it’s predecessor, or just painted silver.

The DeLorean, of course, was the time travel vehicle in Back to the Future, and a new version of the car ripens the franchise for a remake. Fans of the movies would likely go ballistic, so you do the only thing you can do: make it a television series.

Here’s the pitch: Continue reading

Lunchpost #1

Hot WingsSurfing the iPhone app store while at lunch today (@SlicesNYPizza) brought me to WordPress’s mobile app. A few taps of the finger later I am writing this post between bites of semi-spicy chicken wings, inadvertantly smearing hot sauce all over the display of my phone.