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After years of grumbling about steadily rising ticket prices, consumers achieved the nearly unthinkable earlier this year: they forced a momentary drop in the average cost of a movie ticket,. But prices started rising again this summer, the New York Times reports.
MoviePass wants to apply the subscription model that worked so well for Netflix to movie theater tickets. But it cancelled the trial Thursday night in the midst of conflict with theaters. And now it looks like MoviePass' business could blow up before it begins.
Paramount is wasting no time driving moviegoers to 3-D screenings of "Transformers: Dark of the Moon." Director Michael Bay has been personally campaigning to draw moviegoers to the new format, by communicating directly with fans and campaigning for theater chains to project the film with more light.
The good news: After fumbling earlier this year, the box office is back on track, thanks to a massive holiday weekend. This was a record-setting Memorial Day weekend — attendance hit 35 million, more than 10 million higher than a year ago, as Americans spent $280 million on movie tickets over the weekend, beating the record set in 2007 of $255 million.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Mars may need moms, but theaters need audiences. Hollywood box office receipts for the first quarter are on track to be down more than 20 percent.
The Lightning Round is extended in this CNBC.com exclusive feature.
And 2 ways to play it, acording to Simon Baker of Baker Avenue Asset Management.
As the S&P 500 index rose by 1 percent Thursday, these market movers caught the attention of the "Fast Money" traders.
After two years of prodding from Hollywood, the F.C.C. agreed to let movie studios activate technology to prevent films sold through video-on-demand systems from being copied. That could open the door to a new era, the NYT reports.
Screenings at more than 4,000 theaters in North America brought in $30 million, beating the prior Twilight sequel's opening night.
A ray of light for movie theaters struggling with a weak summer box office: Cinema ads are on the rise. The Cinema Advertising Council released a new report on movie theater ads.
Following are moves you might have missed. Find out why shares of RadioShack and Hershey popped while Corning and Regal Cinemas dropped.
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
Studios used to slavishly target young males, considered the holy grail of a blockbuster movie openings. Now aspirational, stylish women have joined those ranks — they're already buying tickets to Sex & The City 2, which opens at 12:01 am Friday morning.
The next three months are without a doubt Hollywood's most important season, generating an average 42 percent of annual box office. And this summer promises to generate the biggest U.S. box office on record — we could see over $4 billion dollars in tickets sold.
Movie theaters are finally about to secure the financing they need to convert enough screens to 3-D to drive the next leg of box office growth.
Cramer highlights the movie industry’s resurgent revenue driver.
Hollywood had a huge year in 2009: the box office hit an unprecedented peak and ticket sales reached highs they haven't seen since 2004.
With Avatar opening at 12:01 am on Friday, everyone's waiting to see if the much-anticipated movie lives up to the hype, and how it performs at the box office. I got a sneak preview last week -- it certainly didn't disappoint me -- I was particularly wowed by the intricate, beautiful world James Cameron creates -- but we'll see if the live action-computer generated 3-D hybrid pulls everyone else in.