philip lelyveld The world of entertainment technology

21Dec/11Off

IMAX 3D movie ticket price to drop (China)

... since the IMAX film equipment was monopolized by foreign companies, China's cinemas had to invest a lot in the preliminary period and did not have sufficient film resources. As a result, when the movie "Avatar" was shown in China in 2010, it was very hard for moviegoers to get the tickets since a ticket priced at 100 yuan was sold at a price of between 500 and 600 yuan by ticket scalpers.

A full set of IMAX huge-screen theaters costs about 10 million yuan, but the equipment made in China costs less than halfof that. With the development of the domestic screen, the price of the expensive 3D movie tickets is expected to drop.

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