Wednesday, January 13, 2010

The Permanence of Three Dee -- Part X

Forget the artistic considerations. This is what our fine congloms will be looking at:

Moviegoers spent $1 billion to see 3-D films at U.S. and Canadian theaters last year, as features including News Corp.’s “Avatar” drove total box-office revenue to a record.

Ticket sales for 3-D showings accounted for 9.4 percent of the total in 2009, according to Box-Office. “Avatar,” still in theaters, made $212 million in U.S. sales last year from 3-D screenings, about 75 percent of its $283.6 million total, the Los Angeles-based researcher said ...

And there's one studio that is going to have a trio of 3-D spectaculars in theatres near you in 2010.

Today, shares of DreamWorks Animation (NASDAQ:DWA) have crossed bullishly above their 10-day moving average of $40.27 on volume of 170 thousand shares.

Could there be some connection between stock price and the upcoming stereo features? Naaaww.


Anonymous said...

The US is far behind Europe in displaying stereo films. Europe has nearly TWICE the stereovisual equipped digital theaters than the U.S.

Anonymous said...


Where did you get that data!

I'd love to have that handy to point at.

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