The top reason cited by consumers who intend to go to the movies more often this year is the social experience of going with family, friends, or significant others (73 percent). Nearly half (48 percent) pointed to the overall “movie-theater experience” (e.g., large screen, sound systems, etc.) as a primary reason they like to watch movies in the theater.
"Nothing is completely recession-proof, but movies are one of the ultimate social experiences," said Russ Crupnick, entertainment industry analyst for The NPD Group. "Despite the fact that more Americans now have high-tech entertainment equipment in our homes, nothing beats seeing ‘Dark Knight’ in a theater."
Consumers who plan to go to the movies less often than they did last year, cited a dearth of good content, and unwillingness on their part to spend their time and money going out to the movies. "Although an uncertain economy plays a role in ticket-buying habits, consumers will also find other ways to entertain themselves, if there aren’t compelling movies to see; and that’s the case whether the economy is weak or flourishing," Crupnick said.
According to NPD’s report, frequent moviegoers are 20 percent more likely than the average movie-ticket buyer to purchase DVDs of recent theatrical releases. They are also 60 percent more likely to rent a movie downloaded from the Web, and 40 percent more likely to purchase a movie as a digital download.
"Over time increases in the cost of movie tickets may move the social experience into the home," Crupnick said. "That’s especially true as better home entertainment offerings led by HDTV, Blu-ray Disc, and simpler digital content downloading become more mainstream."