In times of economic uncertainty, people look for an escape from their financial worries – and Hollywood magic has become a popular refuge.
A recent study by the National Association of Theatre Owners showed that movie ticket sales were up in the first quarter of 2009, a 9 percent increase over the first quarter of 2008. Why? The trade group says it’s because going to the movies is a relatively inexpensive entertainment option. (They neglected to mention the $5 tub of popcorn.)
(Source: News & Observer and Kiplinger’s)
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