The price of cinema tickets is on course to hit a record-breaking high in North America, with an average ticket price of $8.60 in 2016.
According to The Hollywood Reporter, the increase marks a jump from last year’s average ticket price of $8.43, based on data released by the National Association of Theatre Owners on Tuesday.
The average ticket price in the third quarter of 2016 was $8.51, compared with $8.25 over the same quarter the year before. That puts the average for the year as a whole at $8.60.
The price of tickets rises and falls over different quarters based on the types of movies that are released — for example, 3D movies which typically command higher ticket prices. Big-budget summer blockbusters Suicide Squad, Star Trek Beyond and Ghostbusters were among the top U.S. movies released in the third quarter of 2016.
The Leadership Brief. Conversations with the most influential leaders in business and tech.
