GO
Loading...

Movie tickets a bargain? That's what AMC boss claims

Getty Images

It may not seem like it when you pile on popcorn, candy, and soda, but the cost of going to the movies has not gone up that much in the past decade, AMC Entertainment CEO Gerardo Lopez told CNBC on Wednesday.

"When you look at a ticket price today, the cost of going to a movie today versus five or 10 years ago, it's actually below the cost of inflation. So it's still a great bargain," the theater chain boss said in a "Squawk Box" interview.

Ticket prices in 2014 are below last year—running at an average of $7.96, according to the website Box Office Mojo. On an inflation-adjusted basis, the cost of going to the movies is little changed over the past 10 years.

Introducing Morning Squawk: CNBC's before the bell news roundup

Sign up to receive Morning Squawk in your inbox each weekday › Sample

—By CNBC's Matthew J. Belvedere

Entertainment

Television

  • Amazon announced it will spend more than $100 million on original video content this quarter, reports CNBC's Julia Boorstin.

  • Comedian Jim Jefferies, discusses his new show "Jim Jefferies Bare." which will be the first of five new stand-up comedy specials Netflix is releasing.

  • BATON ROUGE, Louisiana— A firearms company at the center of the reality TV show " Sons of Gun" distanced itself from the star of the now cancelled program this week after he was arrested on charges of repeatedly raping a child. Will Hayden was arrested Tuesday. "Sons of Guns" began airing in 2011 and followed Hayden's family-owned custom firearms business.