There's been quite a bit of discussion in LBN about the slump in the movie-going business. This is a new twist --
New York Times:
Like the Film or Get a Refund (Pay for Popcorn, Regardless)
By FELICIA R. LEE
Published: June 30, 2005
You've bought the tickets, loaded up on popcorn and dashed to find good seats. But the film turns out to be a snooze. Not to worry, if that film happens to be "Cinderella Man." AMC Entertainment is offering viewers in 30 major markets refunds on the spot if they don't like what they see and Cinemark will offer the same beginning tomorrow at many of its theaters.
"Cinderella Man," a Universal Pictures film starring Russell Crowe as the Depression-era boxer James J. Braddock, has received mostly good reviews, but flopped at the box office, taking in just $34.6 million after its first two weeks. That was below projections, since it was supposed to take in $28 million on its opening weekend alone; it made only $18.3 million.
So an advertisement for the film in 30 markets now reads: "AMC believes 'Cinderella Man' is one of the finest motion pictures of the year! We believe so strongly that you'll enjoy 'Cinderella Man,' we're offering a MONEY-BACK GUARANTEE."
Pam Blasé, a spokeswoman for AMC Entertainment Inc., the nation's second-largest theater chain, said such a guarantee is "very unusual," but a measure of the company's faith in the film. Ms. Blasé said that Richard T. Walsh, chairman of film for AMC, contacted Universal executives for their endorsement of the idea after it became apparent that "Cinderella Man," as Ms. Blasé put it, was a "great film that got lost in the summer fare."...
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Though it will take a while to collect data on how many people requested a refund, Ms. Blasé said that preliminary numbers show that "only a handful" have done so. The offer, in about 150 of AMC's theaters, including ones in New York City and Los Angeles, began on Friday. Theatergoers must show their ticket stubs or proof of purchase for the refund....
http://www.nytimes.com/2005/06/30/movies/30cind.html