|
|

News
Analyst: America Tired Of 3D Movies
By Swanni
Washington, D.C. (May 24, 2011)
-- One prominent Wall Street analyst says America's love affair
with 3D movies is over. That is, if it ever started.
That's according to an article by Home Media Magazine.
Richard Greenfield, an analyst with BTIG Research, notes that
the 3D showings of the new release Pirates of the Caribbean:
On Stranger Tides fared poorly compared to 3D movies
released in May 2010.
Pirates' box office represented 38 percent of all box
office revenue, compared to 57 percent for How to Train Your
Dragon and 54 percent for Shrek Forever After in May
2010. Furthermore, Pirates generated roughly 850 viewers per
screen, compared to 1,129 viewers per screen for Shrek Forever
Aftter and 1,049 viewers for Dragon.
“If the
exhibitors’ goal is to fill seats (and sell
popcorn), pushing 3D screens is starting to
work against them,” Greenfield wrote in a
note to his clients, according to Home
Media.
Greenfield argues that if theater owners had
promoted Pirates in 2D, instead of 3D,
ticket sales would have increased because
consumers know that theaters are charging
more for the 3D showings.
The analyst says the studios and theater
owners should reduce the number of 3D films
and concentrate more on 2D movies.
If Greenfield's forecast is true, it will be
more bad news for TV makers who are trying
peddle new 3D TVs.
Shop Now!
Amazon's HDTV Store!
Click TVPredictions.com
to see today's Swanni Sez.
© TVPredictions.com ______________________________________________________
Phillip Swann is president and publisher of TVPredictions.com.
He has been quoted in dozens of publications and broadcast
outlets, including CNN, Fox News, Inside Edition, The New York
Times, The Washington Post, The Chicago Tribune, The Financial
Times, The Associated Press and The Hollywood Reporter. He can
be reached at swann@tvpredictions.com
or
at 703-505-3064.
Click TVPredictions.com to read
more news and features on TV technology.
|
|
|
|
| |
|
|
Swanni Sez has 10,000+
subscribers!
________________________________
__________________________________
|
| Search TV
Predictions |
|
|
|