Image Credit: Clay Enos
With movie attendance down a staggering 20 percent so far this year this compared to 2010, the studios are desperately seeking answers. Some observers cite higher ticket prices in the midst of a slow-to-recover economy. Others think big-screen television technology makes home viewing too tempting, and others point to video games and the Internet as box-office distractions. But give the industry some credit: In just about every analysis, some level-headed studio exec will look in the mirror and blame the product itself. “So far there is just nothing terribly compelling about what we’re delivering as an industry,” Michael Lynton, chief executive of Sony Pictures Entertainment recently told the Los Angeles Times. It’s a frank self-criticism, but there’s comfort in it, too: Make the movies better and the customers will come back. READ FULL STORY »
