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Audiences fall as movie ticket prices rise

Article Abstract:

Motion picture exhibitors watched total theater goer attendance decline slightly by 1% in 1999 because of an 8.3% increase in ticket prices. The price increase to an average of $5.08 per ticket has been the largest since 1988. The 1% decline in theater goer attendance to 1.47 billion tickets sold was recorded even as the number of movie screens increased by 3000 from 1998 to 37,185 in 1999. Motion picture industry officials believe that the business will improve as costs come under control and the number of teenagers grows.

Sales & consumption, Motion Picture and Video Exhibition, Motion Picture Theaters

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AT&T raises Internet prices

Article Abstract:

AT&T is increasing fees for its high-speed Internet service from $40 to $46 per month, starting Jun 2001. Company spokesman Steve Lang said the rate hike is a reflection of the product's value. The announcement was also well received by Wall Street analysts, who were disappointed when AT&T Broadband said its cash flow during 1st qtr 2001 would be 22% lower than during the year-ago period. AT&T's shares closed at $23.08 on May 1, 2001, up by 80 cents.

Internet service providers, AT and T Corp.

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Disney tries to work magic with new board lineup

Article Abstract:

The author examines the deteriorating relationship between Walt Disney's chief executive officer and the company's board of directors. Topics include Michael Eisner's use of new rules, falling stock prices and a board of directors voted twice as the worst of any large corporation.

Management dynamics, Executive changes & profiles, Investor Relations, Finance & Stockholder Relations, Stockholder Relations, Management, Officials and employees, Prices and rates, Behavior, Securities, Securities prices, Walt Disney Co., Chief executive officers, Company business management, DIS, Company pricing policy, Boards of directors

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