Industry Analysis & Industry Trends
The Cinemas industry includes all operators that show films in designated film-projection facilities, which are mostly indoors but some are open-air. The bulk of industry revenue comes from box office sales, the majority of which are generated by blockbuster films. UK cinemas also generate revenue from screen advertising and selling drinks and snacks. The industry has grown moderately over the five years through 2016-17, as the average spend per visit has increased. This is due to the average ticket price rising, along with industry operators having expanded their retail offerings over the period. Overall, industry revenue is expected to grow at a compound annual rate of 3.3% over the five years through 2016-17. In the current year, revenue is expected to fall by 0.2% to £1.6 billion... purchase to read more
Industry Report - Industry Products Chapter
Box office sales are the main source of revenue for cinemas. The amount of revenue generated from box office sales each year depends on the total number of cinema admissions and the average price of tickets purchased. The film release schedule determines both the number of admissions, because the spread of big film releases over the year influences attendance, and the average price, in that 3-D film releases command higher ticket prices. Overall, IBISWorld estimates that box office sales will account for 77.6% of industry revenue in 2016-17.
Blockbuster films are the biggest contributors in the segment. The.. purchase to read more