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.

Morning Squawk:
CNBC's before the bell news roundup

Sign up to get Morning Squawk each weekday

Please enter a valid email address
To learn more about how we use your information, please read our Privacy Policy.

—By CNBC's Matthew J. Belvedere

Entertainment

Television

  • Hulkamaniacs headed to Levi Stadium

    WWE Hall of Famer Hulk Hogan, discusses the upcoming WrestleMania 31 annual event, the best way to reach fans and the best financial move he ever made.

  • MOSCOW— A television station owned by the Russian defense ministry is offering a job to former "Top Gear" host Jeremy Clarkson. The BBC announced Wednesday that it wouldn't renew Clarkson's contract after a fracas with a producer, ending his connection to the immensely popular program. The Zvezda TV channel published a letter to Clarkson on its website late...

  • HBO moves into news

    Vice News and HBO will partner on news coverage, reports CNBC's Julia Boorstin.