Cara's Blog, Uncategorized|March 26, 2008 7:10 am

Would you pay $35 for a movie ticket?

Would you pay $35 for a movie ticket? Some investors are banking on it. Some companies have partnered to bring a luxury cinema called Village Roadshow Gold Class Cinemas to 50 locations nationwide over the next five years.

The luxury theaters feature reclining armchair seats with footrests, digital projection and a lounge and bar serving cocktails and appetizers, a concierge service and valet parking. And forget overpriced popcorn and soda. These theaters push items like pricey sushi and wine (for extra $$$ of course).

The first two venues are in South Barrington, a suburb of Chicago, and the Seattle suburb of Redmond in October. Others are Fairview, Texas, near Dallas-Fort Worth, and Scottsdale, Ariz.

Investors aren’t deterred from forging ahead with their plans in a recession. “Entertainment has long been shown to be recession-proof,” the article says.

I would say that’s probably true!

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