Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Saturday, August 13, 2011

Movie Ticket Price Hits All-Time High...

The average price of admission rose 39 cents in Q2.

The price of movie tickets hit a new high in the second quarter of this year climbing to $8.06, according to the National Association of Theater Owners.

Despite Upcoming Tentpoles, Movie Admissions Expected to Be Down From Last Year.

That means the price of a ticket is up more than 5% over the average for 2010 which was $7.89. That 39 cent increase in the average is one of the biggest such increases in history.

This is not the first time the average price has risen above $8 however. It was $8.01 in the fourth quarter of 2010, but then fell to $7.86 in the first quarter of this year.

Much of the increase is attributed to the premium charge for 3D movies. Even though the attendance at 3D pictures has been softer than expected for many films this year, there have been enough successful films to drive up the average to a new high water mark.

Thank you Hollywood Reporter



Have a great day ☼
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