18 To 24-Year-Olds Are Hitting the Big Screen at Lower Rates (fastcompany.com)
An anonymous reader shares a report: For data and movie geeks, the MPAA's latest "Theatrical Market Statistics" report is a wealth of information about the health of the movie business. The big picture: 246 million people went to the movies in the United States and Canada last year, a 2% increase from the year before. But dig into the trends and things start to get a little more interesting. For instance, looking at per capita attendance broken down by age group shows 18- to 24-year-olds are hitting the big screen at lower rates than they were in 2012, although they saw an uptick last year.
Movies cost $30-$40 to see with popcorn and a drink, and millenials are broke. Until theatres stop charging astronomical fees, people will prefer to watch movies at home.
Remember kids, if you're not paying for the service, YOU ARE THE PRODUCT THAT IS BEING SOLD.