FTC Disclosure

Life is complicated enough without getting into hotwater with federal agencies so: TAKE NOTE Many things I review I got at no charge in exchange for an honest review. Consider this as informing you that ALL things I review may have been gotten at no charge. Realistically about 60% but in order to keep things above board just assume that I got the stuff free. Words like, “sponsored,” “promotion,” “paid ad” or even just “ad” are clear ways to disclose that you’re being paid to share information and links so BE AWARE that some of what I write can be described as an AD by the government. BTW I will NEVER say a product is great, super or even acceptable if it isn't whether I got it free or NOT!

Welcome

WELCOME

WELCOME
Please check out my other blogs
Pick of the Literate 
or Azure Dwarf’s Horde
or visit my web site

Sunday, July 1, 2012

Is Regal Cinema Government Owned?




I’m a bit cheesed out over taking my grandkids to see Madagascar 3 in 3D.   I know that you pay a surcharge for 3D but I still feel that Regal Cinema’s charge of $28.00 for a senior citizen and 2 under 10 kids is crazy exorbitant.  

What is even worse is that I had a free ticket but that only took off $6.00 from the original price of $34.50 for three and got us way down to $28.00.   Now giving credit where credit is due, the young lady at the snack bar did advise me to get the $8.00 bucket of popcorn which held more than two medium bags of popcorn and was cheaper than two medium bags of popcorn.   The bucket also had a free refill which we did not utilize.  

Admittedly none of my graduate degrees are an MBA but…there were 9 of us in the theater the morning we saw the movie.   So at approximately $9.00 per person that was $81.00 (approximately) of ticket income.   I will hazard a wild guess of 300 seats in the theater.   If they sold 100 seats at $1.00 they would have netted $19.00 more than selling 9 seats at $9.00 each.   So if we triple that at $3.00 per person and assume the lower ticket price would encourage more attendance, we get a $219.00 increase in profit on that showing.   Take the 8 or 10 theaters that are in the building or 15 for all I know and you can see that logic infers that a lower ticket price would fill more seats and generate more profit.

Perhaps charge $6.00 per person at peak times to push more patrons to off hours at a lower price and you generate still more profit.   So are Regal Theaters specifically and movie theaters generally owned by the government and designed to lack profitability.   Or is it just easier to clean up after 9 people than 100 and the heck with the increased profit.

I wish I knew but I know I would take my grandkids for more movies if it was $12 or $15 than $34.50. 
 
If reviewing a product, it may have been received free of charge. That will NEVER have a bearing on my recommendations.

No comments:

 Money Saving Tech Tips