Monday, February 23, 2015

Movie Theaters May Bounce Back In A Really Big Way In 2015

From cinemablend, Despite dwindling movie ticket sales last year in light of more eclectic streaming options and illegal downloads, it looks like theaters will be able to bounce back from this. Jack Black can throw all the shade he wants at the Oscars about "the screens in our jeans," but 2015 is projected to be a major year for movie theaters. In fact, if predictions deliver truth, then it could be as big of a year as 2013 when the likes ofFrozen and Catching Fire hit the big screen.

According to The Washington Post, analysts are expecting box-office revenue to break the record set in 2013, which was $10.9 billion. Why? If you think about it, 2015 is packed with blockbusters.

Star Wars: Episode 7 is all but guaranteed to make some major dough for theaters. It’s the first installment of the brand new trilogy, is directed by Star Trek movie vet J.J. Abrams, and features a bevy of new and returning faces of the Star Warsuniverse. 2015 also a major year for superhero movies. Though we have to wait until 2016 for Batman v Superman, we’ll get to see the highly anticipated Avengerssequel, Paul Rudd suited up as Ant-Man in his standalone movie, and the Josh Trank-directed Fantastic Four reboot, the trailer for which is already pretty badass. In addition, we also have the return of the Terminator and Mad Max franchises, thefinale to the Hunger Games series, new installments of Mission: Impossible and Fast and Furious, and the return of Jurassic Park.

Teenage JPX ready to rip your ticket!

Before any of this even happens, the box office is already performing above average. In January and February alone, Oscar-nominated American Sniper and the BDSM love story Fifty Shades of Grey broke major records. These beginner months are considered graveyards that are littered with the bones of failed films, but these titles emerged from the muck to make gold. Both were highly controversial films. The former, about the gunned down Navy SEAL Chris Kyle, caused some controversy. And the latter caused quite the stir as well, both domestically and internationally, for its graphic sexual content and spotlight on the secretive world of dominant-submissive relationships. As The Post notes, Sniper and Fifty Shades fed off of this chatter, which was bolstered by social media, to drive even more interest.

According to the report, these early projections for the year’s box-office results have prompted shareholders to invest in the country’s major theater chains, including AMC Entertainment (it’s stock is up 24%), Carmike Cinemas (up 18%), Cinemark (up 17%) and Regal Entertainment Group (up 11%). Though these are still early projections, there’s a lot to look forward to this year, so start saving your money.


AC said...

Was just talking about this with work friends today. 2015 does look like a good year. And being able to pick seats ahead of time online has increased our interest in going out to the movies.

7ofNine said...

Adorable! Too bad grown up JPX doesn't still rip tickets...And what's this about picking seats ahead of time?! Like on a plane?! That's amazing! Man, I'm looking forward to 2015 & all the good movies.

DCD said...

Jeepers, JPX, you never age!

Johnny Sweatpants said...

Wait, pick seats? Who the what the...

This year is pretty stacked fo sho.