Movies=Newspapers?
A once-central cultural delivery system may be in decline due to competition from newer technology, reports the NYT. No, not newspapers, but movies. Sharon Waxman writes that the current 11-week dip in box office receipts, the longest slump since 2000, is causing some concern:
Since 2002, attendance is down about 10 percent for the comparable period, to about 433.7 admissions from about 485 million. The decline has provoked speculation that a rising DVD market and the advent of more elaborate home entertainment centers, along with the shrinking window of time between a theatrical release and the appearance of the DVD, is causing moviegoers to stay home and wait for discs.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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