Movie Reviews and Ratings

Ratings by movie reviewers are ubiquitous, from thumbs up or down to a star-rating system or any kind of sliding point system. Are they a waste of time that should be avoided and abolished, a necessary marketing tool to pull readers in to read reviews, or an objective measurement of the reviewer’s overall evaluation of a movie?

During my days as Managing Partner at Box Office Mojo, when the site still published movie reviews, we struggled with this question. Initially we used a letter grade scoring system. Continue reading

Movie: Toy Story 3 – Some Assembly Required

Disney/Pixar’s Toy Story 3 is an extremely mixed movie, offering a very touching closing scene, but is preceded by what is mostly a horror movie and may be inappropriate for children.

In this installment of Toy Story, Woody, Buzz Lightyear and the whole cast of toys are faced with the inevitable: their owner, Andy, has grown up, and he is leaving the house to go off to college. Naturally, the toys are worried, since it seems they are destined for the attic–or worse. Continue reading

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