Columns and Blogs - Day and Date Down Under


Sydney cinemas raise 3D ticket price

May 9, 2014

-By David Pearce


filmjournal/photos/stylus/64439-Pearce_Md.jpg
While many Australian cinemas have been sitting on a top 2D price of A$19.50 for some time, two Sydney cinema complexes have bitten the bullet and gone for an A$20 (US$21.30) ticket price. The upscale suburban independent the Cremorne Orpheum and the Palace Norton Street Leichardt set the price rise at the start of April, with plenty of comment in the local press. With half-price Tuesdays, pensioner and student discounts plus various other special offers, Palace says the average ticket price is still only about $12.50. Australian ticket prices can range up to $26.50 for 3D films on large screens and $42.50 for Gold Class. (All prices are Australian $.)

Hoyts Cinemas is set to be floated on the Australian Stock Exchange later this year. The cinemas are currently owned by a private-equity firm. Hoyts has around 18% of the cinema market, while their wholly owned subsidiary Val Morgan Advertising controls about 95% of Australian cinema advertising. The float is expected to raise about $700 million.

Australian films have had their strongest first quarter for many years, with over $14 million at the box office by the end of March. The Railway Man has taken $7.2 million, Wolf Creek 2 has earned a very nice $4.7 million, while Tracks has disappointed at $2.2 million. Even more disappointing is I, Frankenstein with less than $500,000. Just opened is the made-in-Australia U.S. production The Lego Movie with a first week of $8.8 million, coming in ahead of Captain America: The Winter Soldier, also in its first week. Most analysts expect this to be one of the best years yet for Australian-made films. (All figures quoted above are in Australian dollars unless noted otherwise.)

Send your Australia/New Zealand news to David Pearce at insidemovies@hotmail.com


Sydney cinemas raise 3D ticket price

May 9, 2014

-By David Pearce


filmjournal/photos/stylus/64439-Pearce_Md.jpg

While many Australian cinemas have been sitting on a top 2D price of A$19.50 for some time, two Sydney cinema complexes have bitten the bullet and gone for an A$20 (US$21.30) ticket price. The upscale suburban independent the Cremorne Orpheum and the Palace Norton Street Leichardt set the price rise at the start of April, with plenty of comment in the local press. With half-price Tuesdays, pensioner and student discounts plus various other special offers, Palace says the average ticket price is still only about $12.50. Australian ticket prices can range up to $26.50 for 3D films on large screens and $42.50 for Gold Class. (All prices are Australian $.)

Hoyts Cinemas is set to be floated on the Australian Stock Exchange later this year. The cinemas are currently owned by a private-equity firm. Hoyts has around 18% of the cinema market, while their wholly owned subsidiary Val Morgan Advertising controls about 95% of Australian cinema advertising. The float is expected to raise about $700 million.

Australian films have had their strongest first quarter for many years, with over $14 million at the box office by the end of March. The Railway Man has taken $7.2 million, Wolf Creek 2 has earned a very nice $4.7 million, while Tracks has disappointed at $2.2 million. Even more disappointing is I, Frankenstein with less than $500,000. Just opened is the made-in-Australia U.S. production The Lego Movie with a first week of $8.8 million, coming in ahead of Captain America: The Winter Soldier, also in its first week. Most analysts expect this to be one of the best years yet for Australian-made films. (All figures quoted above are in Australian dollars unless noted otherwise.)

Send your Australia/New Zealand news to David Pearce at insidemovies@hotmail.com

More Day and Date Down Under

Down Under Nov.
Roadshow shifts to day-and-date releases

It used to be that films had very different release patterns Down Under compared to the U.S. More »

Down Under 10-14
Sydney’s Hornsby Odeon celebrates 100 years

I have to open this month's report with special congratulations to the Hornsby Odeon's 100th birthday. More »

Down Under 09-14
Community theatres struggle to stay in business

Around 95% of independent cinemas in Australasia have converted to digital. Several of the other 5% are expected to close forever following news from distributors that they will soon cease supplying film prints. More »

Down Under 08-14
New Zealand earthquake-impacted cinemas earn industry awards

Two cinemas that were affected by the Christchurch earthquake in February 2011 have received top marks from their patrons. More »

ADVERTISEMENT



REVIEWS

Fury Review
Film Review: Fury

American tanks fight superior German forces in the closing days of World War II. More »

Birdman
Film Review: Birdman (or the Unexpected Virtue of Ignorance)

Virtuosic camerawork and a stellar ensemble of actors more than make up for the occasional moment of portentous twaddle in Alejandro G. Iñárritu's latest—and maybe his best—film. More »

Player for the Film Journal International website.


ADVERTISEMENT



INDUSTRY GUIDES

» Blue Sheets
FJI's guide to upcoming movie releases, including films in production and development. Check back weekly for the latest additions.

» Distribution Guide
» Equipment Guide
» Exhibition Guide

ORDER A PRINT SUBSCRIPTION

Film Journal International

Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.

» Click Here

SPONSORSHIP OPPORTUNITIES

Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.

» Click Here