Despite All the Hype, Movie Theater Ticket Sales in 2021 Down 68% from 19 Years Ago. AMC Shares collapse from WTF Spike
Blockbusterization out of desperation. The pandemic just accelerated the structural change by a quantum leap. The number of movie tickets sold in the US have been on the decline for nearly two decades, despite population growth. They’ve gotten hammered by how Americans increasingly watch movies: at home. A slew of competitors with their own studies … Read more