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06-07-2003, 11:37 AM #1
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Canadians less interested in movies
http://www.cbc.ca/stories/2003/06/04...esurvey_030604
Canadians less interested in movies, industry posts loss
Last Updated Wed, 04 Jun 2003 12:16:26
OTTAWA - Canadians are losing interest in movies and drive-ins, according to a Statistics Canada survey.
Although attendance has climbed over the last nine years, the rate of growth has fallen.
2000: growth rate was 0.3 per cent
1999: growth rate 6 per cent
1998: growth rate 14 per cent
Industry sources suggest that the attendance may have been relatively low in 2000 during the traditional big box-office summer months because there were fewer blockbusters.
Attendance at drive-ins continues to drop, falling 13 per cent from the previous year.
The industry as a whole suffered an operating loss of $26.5 million for 2000 compared to a profit of $41.7 million for 1999.
The multiplexes were responsible for the overall loss, as start-up costs, employment costs and large occupancy rate cut into profits.
Older, smaller cinemas eked out a small profit.
The Motion Picture Theatres Survey is a census of all movie theatres and drive-in theatres in Canada.
The 2000 survey included 679 movie theatres and 67 drive-ins that provided data for the fiscal year ending March 31, 2001.You're waiting for a train, a train that will take you far away. You know where you hope this train will take you, but you can't be sure. But it doesn't matter - because we'll be together.
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