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When will the average ticket price in US cinemas be $10 or more?
With the changing realities of media consumption (many video on demand services, both legal and not), one has to wonder how the movie industry will cope. Previously they lived by ticket sales alone, then came merchandise, and now the influx of legal downloads, available increasingly shortly after the release of the movies in theatres.
As such it shouldn't surprise one that ticket prices have been rising over the years. Some cinemas demand more per ticket, some less, but the average almost doubled within the last 20 years. The average for 2017 was just shy of 9 dollar. Thus one has to wonder: when will the magical 10 dollar threshold be broken?
When will the average ticket price in US cinemas hit the $10 threshold?
This question will resolve positive when, a quarter after the respective box office year ends, The Numbers or another credible source reports an average annualised ticket price of ≥ US$10.
Metaculus help: Predicting
Predictions are the heart of Metaculus. Predicting is how you contribute to the wisdom of the crowd, and how you earn points and build up your personal Metaculus track record.
The basics of predicting are very simple: move the slider to best match the likelihood of the outcome, and click predict. You can predict as often as you want, and you're encouraged to change your mind when new information becomes available. With tachyons you'll even be able to go back in time and backdate your prediction to maximize your points.
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Metaculus help: Community Stats
Use the community stats to get a better sense of the community consensus (or lack thereof) for this question. Sometimes people have wildly different ideas about the likely outcomes, and sometimes people are in close agreement. There are even times when the community seems very certain of uncertainty, like when everyone agrees that event is only 50% likely to happen.
When you make a prediction, check the community stats to see where you land. If your prediction is an outlier, might there be something you're overlooking that others have seen? Or do you have special insight that others are lacking? Either way, it might be a good idea to join the discussion in the comments.