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To: OESY

We saw one movie this year in a theatre, the Passion.

As Follywood continues to drive republicans away from their new movies, their movies become more expensive.

Pretty soon their financial houses of cards will cave in on them.

Below is the trend that will be gutting Hollywood over the next few years:

"With nearly two weeks to go before the end of 2004, domestic box-office receipts appeared likely to top last year's total of $9.27 billion, nearing $9.4 billion, according to Exhibitor Relations, which tracks the figures.

"But an increase can be attributed to a rise in ticket prices, up 3.85 percent to an average of $6.25, while attendance fell by 2.25 percent this year after dropping 3.8 percent in 2003.

"That audience drop appeared especially troubling in a year in which Mel Gibson's controversial "The Passion of the Christ," distributed by Newmarket Films, brought many new moviegoers into the megaplexes and finished No. 3 at the domestic box office with $370.3 million in ticket sales, while Michael Moore's anti-Bush hit documentary "Fahrenheit 9/11," from Lions Gate Films, became a magnet for political activists and sold $119.2 million in tickets.

"If you took the half-billion dollars of 'Fahrenheit 9/11' and 'Passion' out of the marketplace, we'd be in a real dismal situation, and they barely got distribution," said Paul Dergarabedian, Exhibitor Relations president, referring to behind-the-scenes struggles that ultimately landed both films with independent distributors.

"As the audience shrank, budgets continued to spiral upward, with blockbuster movies commonly costing upward of $140 million to produce, followed by tens of millions of dollars in marketing expenses."

Merry Christmas to Follywood and may 2005 be even more of a financial disaster to Follywood.



28 posted on 12/21/2004 11:06:15 AM PST by Grampa Dave (Rummy Phobia is the new mental disorder of the left. It is similiar to Hate GW Syndrome!)
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To: Grampa Dave
I found this article interesting because a couple of weeks ago, our local paper ran a story about all of the huge new multiplexes with giant 2-story screens that are opening in the area. The story claimed that attendence is UP in theatres, thus justifying the enormous capital expenditures that the theatre chains are making.

I was skeptical about the reporting, as always, and now I find it to be a lie.

37 posted on 12/21/2004 11:36:48 AM PST by A Citizen Reporter
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