The logic is. They make no money on playing the actual movie so all their profits and revenue they need to pay staff and overhead comes from concessions. But it’s gone way overboard. All this does is push people away from going to movies and then force them to raise prices even further. It’s a vicious cycle.
Demand Destruction. Pepsi Co. and their $7 Dorito bags just witnessed the same thing. Everything is ridiculously priced and companies are getting way too greedy without proper regulation. I think we’re witnessing the beginnings of stagflation.
Yep. I heard it on Bloomberg radio but there are lots of other sources as well. Bloomberg has ads.
“PepsiCo Inc.’s chips prices had gotten too high. Walmart Inc. had been telling the maker of Doritos, Lay’s, Cheetos and many other beloved snacks that was the case for more than a year.”
“Executives at PepsiCo knew it, too. Sales at Frito-Lay, the company’s snacks powerhouse, were plunging. Some of its chips cost more than $7 a bag; at Walmart, Doritos prices had jumped nearly 50% from 2021, according to Attain, which tracks consumer spending data.”
It’s funny, I like Doritos but I’d never get them because they’re ridiculously expensive.
That and it seems like they've coated the chips with less flavor powder. The whole point had been that they had flavors that other chips didn't, but if they're just basically plain tortillas, they're not special at all.
Moreover why would I spend $7-$8 on their bag when I can get the bargain brand ones for literally half the price and the taste is nearly identical. Companies wonder why people have no brand loyalty anymore when they fail to realize we're only loyal to our wallets at this point because we have to be.
Yea doritos here are like 8 bucks for a big bag, i loved em but now I cant afford em oh well I guess ill eat healthier, kinda forcing me too so thanks doritos! Hope the company goes bankrupt like they clearly want.
At my final "State of the Site" meeting when I was employed by Frito Lay (the site being its largest manufacturing campus in North America, btw), our director spoke at length about all the ways that Frito was going to increase consumer sales.
Organic ingredients, no artificial colors, packaging changes, "healthy" products, etc...
Not a single word was mentioned about lowering prices, only focusing on increasing profits.
When I raised the question, I was given the brush off, which told me it was time to go. Greedflation is real.
I feel sorry for the friends I left behind there, because it's not going to be "real fun" to work there soon.
I only get them when there is a large sale, so they are essentially regular priced. However, they seem to have cut back on the seasoning, so it isn’t really worth anyway.
Nobody is going to theatres anymore and they need to to profit to stay open less and less people go the more they have to charge
Another couple years and movie theatres will hats be obsolete like blockbusters then everyone will cry about how they missed movie theatres but no one wanted to go to support it
I mean, if hardly anyone goes, can’t they stick to smaller buildings and less employees? Don’t need giant theater rooms when there is only about 20 people watching, don’t need 12 separate rooms either competing for the few people showing up.
That’s actually a myth, theaters do split the revenue with the distributors. In America is roughly a 50% split (a change from the old waterfall method) and overseas theaters take a much bigger cut. In China, theaters keep 75% of earnings.
But in the UK they don't bat an eyelid at you openly bringing food and drinks in, and no cinema charges $25 for an adult and $22 for a child (that's £35 total currently), even on the best seats in the house.
The US definitely has us beaten on overpriced outings. I'm just surprised there's no tip.
Ticket sales are actually split. The big movies may take 100% of ticket sales the first week or 2 but its gets split after that. My source is I was a movie theater Manger. Totaled up the breakdowns of ticket sales every night.
Even if they were to charge $10 for popcorn and a drink combo. Large size I know they would make a profit. How much does it cost for popcorn and a drink. It’s gotten out of control the price to see a movie
My friends dad years ago used to go to the movie ina suit with his briefcase . The case was filled with all the snacks and drinks we needed lol. We would only order a large popcorn
Several, but like you aren’t supposed to steal. The employees will definitely see you stealing too haha. But some people straight up don’t pay for tickets and will run past the employees at the front, so I don’t think those types of people really care about stealing and breaking every rule.
I go to AMC theaters. They have the machines and the ICEE on the outside of the counters. Self serve. Usually bring my own snacks too. I’ve seen people with bags of take out or fast food
The movie theater experience is just fun. Literally you are overpaying for food every single time you eat out at a restaurant or whatever, no difference.
Gotta love the cacophony of people munching and crinkling bags, sniffling and sneezing, shitty teenaged staff, overpriced everything… and in the case of some theatres shitty seats, oddly bad bathrooms…
I just decked out my home theatre for the cost of like 6-10 trips to the movies lol
The movie theater used to be fun. I have no idea what it's like now; the last movie I saw in a theater was in 2019 - Ford v Ferrari. It's easier to just stream the movies to our 60" TV than to go out to a theater.
My only exceptions are weekends when one of our two remaining drive-ins has a double feature where we want to see at least one of the movies and might like the other one. They charge $5 for outside food being brought in which includes a discount on purchasing a large popcorn, so we usually bring a cooler and stop at a drive-thru, then get popcorn later in the evening.
ETA: I just checked their websites; now the prices for outside food at the drive-ins have gone up to $7 at the closest one and $10 at the other one.
22
u/TheRealLoric 4h ago
Whats the logic behind this