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Movie theater giant Cinemark is testing the use of data and analytics to develop new ways of handling ticket prices. “We do believe that there’s an opportunity on the pricing side. We look at ...
TixTrack, Inc. is a provider of ticket software solutions started in 2008 and based in Los Angeles, California in the United States. TixTrack's products aim to help ticket sellers increase their ticket sales by providing visual seat level reporting and analysis tools as well as guidance on Dynamic Pricing.
MSN Travel (previously Bing Travel, Live Search Farecast, and Farecast.com) is an airfare prediction website in the computer reservations system industry. It premiered to the public as Farecast on May 15, 2007. Until 2014, it offered predictions regarding the best time to purchase airline tickets. [1] [2]
The average ticket price (ATP) is the average cost to purchase a film ticket at the box office in any given year. According to the UNESCO Institute for Statistics , the ATP is "calculated as the total revenues generated from tickets sales divided by the number of feature film tickets sold during the year of reference."
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For example, if a particular moviestock trades at "H$40.00", the market is predicting that the movie will gross US$40 million at the box office in the first four weekends of wide release. In 2007, players in the Hollywood Stock Exchange correctly predicted 32 of the 39 major-category Oscar nominees and seven out of eight top-category winners.
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Ticket price at time of release, or its relative price to other commodities in a given year, [10] in relation to general inflation and gross domestic product. [12] Economic conditions that may help or hurt the entertainment industry as a whole (theaters in 2008 lowered ticket prices to attract more viewers though the average ticket cost $7.00) [10]