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AMC considers raising ticket prices on big-budget blockbusters

(Photo: Richard Levine/Getty Images)
(Photo: Richard Levine/Getty Images)

In what could, if we’re feeling charitable, be interpreted as a refreshing burst of corporate honesty, the AMC theater chain might soon be skipping past all its various movie-going upsells like 3-D, IMAX, and chairs that are actually comfortable to sit in, and just start charging people more for tickets to big-budget blockbuster movies. (To be fair, they’ll probably still offer all that other stuff, too.) The news comes shortly after AMC purchased European chain Odeon & UCI, which already practices the variable pricing model, charging more for “tentpole” movies in their first few days of release.

Per AMC CFO Craig Ramsey: “[Odeon & UCI] are further advanced in variable pricing, where tentpole movies are priced up on release. That’s something we’ve talked about in the U.S. We expect to learn a lot with what they’ve done. We think it will position us to start having those conversations about pricing opportunities in the U.S.” Meanwhile, millions of American movie-goers just heard the terrifying words “pricing opportunities” coming from the money guy for a major theater chain, and started working out ways to smuggle even more candy and snacks into their next showing of Doctor Strange.

As noted by /Film, this idea isn’t exactly new: George Lucas and Steven Spielberg both predicted that theaters might head in this direction back in 2013, with Spielberg saying, “You’re gonna have to pay $25 for the next Iron Man, [but] you’re probably only going to have to pay $7 to see Lincoln.”

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