According to Murray Arenson, analyst at Ferris, Baker Watts analyst,
about 2%?3% of movie tickets are currently bought online
Extract from a note sent by Ferris, Baker Watts analyst Murray Arenson
to clients dated April 2005.
?We also note that only about 2%?3% of movie tickets are currently
bought online. We believe that MovieTickets should be able to achieve
50% growth or greater in 2006, with significant leverage in the
financial model.?
Internet Stock Blog: April 2005
http://www.internetstockblog.com/2005/04/what_is_hollywo.html
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Online movie ticket sales, however, make up only a small part of
box-office receipts, which totaled a record $9.4 billion last year.
?The attempt has not been highly successful thus far, experts say,
because Web sites typically strike deals with certain theater owners,
and consumers have to go to many sites to find the specific theater
they are looking for.?
Market Place News: February 2005
http://www.bcheights.com/media/paper144/news/2005/02/28/Marketplace/Marketplace.News-879146.shtml?page=2
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Growth
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According to a Fandango spokesperson, the online movie ticket market
is projected to grow to 7 percent of all movie ticket sales by 2006.
The Times: nwitimes.com
http://www.nwitimes.com/articles/2004/06/06/features/arts_and_entertainment/b0a38f032faa23d386256ea7001bd814.txt
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Jupiter Media analyst David Card Overall predicts online sales of
movie ticket will grow to 8.2 percent, or $850 million, by 2007.
Kiosk Marketplace
http://www.kioskmarketplace.com/research.htm?article_id=16068&pavilion=52&step=story
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Online movie ticket sales on rise
?While online ticket purchases are becoming more common, traditional
methods continue to dominate the marketplace.?
?By 2006, that number is projected to top 7 percent.?
The East Carolinian http://www.theeastcarolinian.com/vnews/display.v/ART/2004/04/01/406bac7ab4a8a
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Additional information that may interest you:
Internet Plays Key Role in Ticket Sales
?The two most popular Web sites to purchase movie tickets online among
survey respondents who visited general Entertainment Web sites were
Fandango (45 percent) and Movietickets.com (38 percent).?
Feedback Research: May 19, 2005
http://www.feedbackresearch.com/research/fr050519.html
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Movietickets.com takes share from Fandango
?ComScore MediaMetrix data for February shows that Movietickets.com,
partially owned by Hollywood Media (ticker: HOLL) is outgrowing
competitor Fandango:?
Movietickets.com:
Unique users were 5.8 million in February, up from 4.6 million in January.
Market share: 66% in February versus 57% in January.
Fandango:
Unique users were 2.9 million in February, down from 3.5 million in January.
Market share: 34% in February versus 43% in January.
Internet Stock Blog: March 2005
http://www.internetstockblog.com/2005/03/movieticketscom.html
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Search terms:
Internet OR web OR online movie tickets + percent
Online movie ticket business
Online movie ticket market
?Percent of movie tickets? internet
I hope the information provided is helpful!
Best regards,
Bobbie7 |