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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (2642)	4/28/2001 9:37:18 PM
From: Frank A. Coluccio	Respond to of 46821

Hi Ray, Tthat's true. A while back (maybe two months ago) the price for a seat went up to ten dollars in some chains. I'm not much of a movie goer, so when I heard about that increase I was a bit surprised. I'd thought that tickets were more than that to begin with. FAC

To: Raymond Duray who wrote (2642)	4/28/2001 10:40:02 PM
From: ftth	Read Replies (2) \| Respond to of 46821

Hi Ray, re: "Regal Cinemas is in or near to bankruptcy, part of the overbuilding that has occurred nationwide.." I was recently reading some interesting info regarding movie revenues and time spent at theatres. Hours per person has stayed relatively stagnant for years. Was 12 hrs/person from '93-'96, and has stayed at 13 since. Spending per person has bumped up about $1.50 per year over that period, and sits at a whopping thirty-some-odd bucks per person per year. Hardly a great endorsement for the "content is king" crowd, wouldn't you say? Spending per person on recorded music is about double the spending on movies in theatres, and that ratio has held about constant over that period. Hours per year spent listening to recorded music per person is about 20 times greater than the hours spent in movie theatres. Seems the "content is king" crowd is misdirecting their energies towards movies when they should be directing it towards music. We all know, however, that content is NOT king. Connectivity is king. Connectivity revenues have been and probably always will be much larger than entertainment revenues (unless the evasive "killer app" turns out to have something to do with copyrighted content...but it would likely require more bandwidth too). Wireless service provider revenue alone passed the revenue for the film industry in 1997, and wireless revenue is only about 15% of total telecom revenue.