The Movies Home With Sneaky China
About this episode
The episode discusses the rising costs of movie tickets and the implications for investors over fifty-five, alongside the competition between Hollywood and Chinese cinema.
The Fifty-Dollar Movie Ticket Hollywood, Beijing, and What It Means for Investors Over Fifty-Five Podcast script · Truesdell When I was growing up, a movie ticket cost a couple of dollars. You walked into the theater on a Saturday afternoon, you bought a box of popcorn, and you settled in. It was not a special occasion. It was a Saturday. That model is gone. This spring, Regal Cinemas sold opening-night seats to Dune: Part Three for fifty dollars apiece in their 70-millimeter IMAX house. Premium tickets now average eighteen dollars nationwide. They run as high as thirty in New York and Los Angeles. A standard adult ticket on a regular screen is about thirteen dollars. The dollar matinee is a memory. That price gap — from a couple of dollars to fifty — is the story I want to walk through with you today. It is a story about how the theater business has changed. It is a story about the kinds of movies Hollywood is making and is not making. It is a story about the quiet competition the Chinese government has been running against American culture for the better part of twenty years. And it is a story about where I think an investor over fifty-five ought to be paying attention right…
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