The economy is one of the first reasons the seats are empty at the theater. Who can afford the high price of ticket sales along with the high price of snacks especially if you don’t have spare cash for anything? People are having a hard time filling their wallets so they also have to pick and choose what they will spend their precious cash on.
Ultimately, it has to be the quality of the movie that will keep audiences interested. Joe Picarillo is a former studio executive, independent movie producer and the undergraduate lead of film and TV at New York Universities’ Tish School. He knows that the first lesson of hollywood is profit, and successful box office results trumps any movie review from a lone person over time.
So, lets look at the numbers of worldwide gross for the Oscar winners this year.
The Artist $73 Million dollars
Hugo $107 Million dollars
The Descendants $ 144 Million dollars
We all know that the movies that appeal to all ages are the ones that bring in $300 Million dollars like Avatar. This past year, there weren’t enough blockbuster movies. But, people now live it up for the weekend by going to the movies.