The Force Awakens Box Office Thread: $1,73B

[Insidb]

Wonktonodi said:

Insidb said:

The peak was indentified as 1968, so any movie that released after that (or multiple times before that) would have been affected by a weakening effective minimum wage. Also, let's keep in mind that Bureau of Labor has long been criticized for understating actual inflation rates. This diminished purchasing power would only have enhanced/exacerbated the other factors you listed.

 

What point are you trying to make? 

Movies, like baseball games, used to be a very accesible form of entertainment. The price of each has risen significantly and outpaced the average American wage, making it easier to draw larger crowds for later films. When we adjust for inflation, numbers of tickets sold becomes the single-most important factor. Older films will always have an advantage in that area, until the wage-inflation trend reverses. Until it does, people will defer to other forms of entertainment, goods, or pirating, based upon each of those thing's greater cost effectiveness. You listed some key factors that have affected and hampered the effectiveness of theater showings, and I think those trends are significantly impacted by availability of disposable income.