Movie Ticket Prices Down

There’s been an upward trend for prices of concert and movie tickets in recent times but moviegoers got a little break from high prices at the beginning of this year.

Average ticket prices dropped from $8.05 in Q4 of 2012 to $7.94 during the first quarter, the National Association of Theater Owners reported. The Q1 price was up on the same period last year, however, when ticket prices averaged $7.92.

A spokesman for the group told the Los Angeles Times the drop may be attributed to movies “playing better in markets with lower prices” or “more matinee-going, more older adults paying a senior discount.”