NEWS

The US Movie Theatre Industry Includes About 2,000 Companies With Combined Annual Revenue Of $11 Billion

June 27, 2007

Research and Markets (http://www.researchandmarkets.com/reports/c60910) has announced the addition of Movie Theatres - Industry Profile to their offering. Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business. Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries. The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line. Brief Excerpt from Industry Overview Chapter: The US movie theatre industry includes about 2,000 companies with combined annual revenue of $11 billion and around 5,000 indoor theatres and 300 drive-ins. Major companies include Regal Entertainment, AMC Entertainment, and Cinemark. The industry is highly concentrated: the 50 largest firms own half of the nation& theatres and earn around 85 percent of industry revenue. A typical company is small with average annual revenue under $700,000, one theatre, and fewer than 20 employees. COMPETITIVE LANDSCAPE Personal income and leisure time drive demand. The profitability of individual companies depends on securing access to popular movies and sales of high-margin food and beverages. Large companies have advantages in negotiating with movie distributors; marketing; and economies of scale in purchasing. Small companies can compete effectively by specializing in movie type or audience, or providing better service and amenities. Average annual revenue per worker is $80,000. PRODUCTS, OPERATIONS & TECHNOLOGY Major services are sales of tickets, food, and beverages. Ticket admissions account for almost 70 percent of industry revenue; food and beverage for more than 25 percent; and on-screen advertisements, over 1 percent. Other services include facility and concession rental during non-peak hours, amusement machine use, and merchandise sales. Drive-ins have fewer services than indoor theatres and on average earn 80 percent of revenue from admission sales, 15 percent from food and beverages, and less than 5 percent from facility rental. Movie theatre operations center Industry Overview Quarterly Industry Update Business Challenges Trends AND Opportunities Call Preparation Questions Financial Information Website and Media Links Glossary of Acronyms For more information visit http://www.researchandmarkets.com/reports/c60910 Source: First Research

Read More:
http://www.researchandmarkets.com/reports/c60910