Say Anything Blog

Movie Theater Concessions: 76%

So why the concern about windfall profits in the oil industry but not the popcorn industry?
By Rob on August 7, 2008 at 12:51 pm

Buying popcorn and going to the movies is discretionary, and not something you have to do or necessary. You need gas to even shit.

Buying popcorn and going to the movies is discretionary, and not something you have to do or necessary.

So is the medical industry discretionary?  About about prescriptions?

Also, how much lower do you propose big oil go?  5% profit margin?  1%?

Do you think “big oil” she be allowed to turn any profits at all?  Or should we just nationalize the oil industry and turn the gas stations over to Congress?

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

There are no “windfall profits” in the oil industry, except for the windfall profits the govt is making from their unearned taxes.

Hope and change, in a free world, are the private possessions of motivated individuals.

You need gas to even shit.

We really don’t care about your personal habits, e.

Hope and change, in a free world, are the private possessions of motivated individuals.

The best part is when movie theaters recently raised ticked prices due to the high cost of popcorn.

1. Why not raise popcorn prices instead?
2. How much popcorn goes into one serving? $.05?

That’s about as idiotic as raising soft drink prices because of the cost of water.

ellinas is confused by arithmetic, and so has to resort to scat.

Hope and change, in a free world, are the private possessions of motivated individuals.

Movie Theater Concessions: 76%

I call BS on that one.  760% maybe, but not 76%.  There’s a reason I wait until a movie comes out on DVD before I see it.  And even then, Hollywood ain’t exactly helping me keep the dust off of my DVD player.

Theaters make very little on the ticket.
The concession stands keep them open.

$13 to $18 TICKETS may be the norm where the reporter is viewing , but high for me, $7-$10.

I call BS on that one.  760% maybe

It’s impossible to have a profit margin of over 100%.

Suppose you had an item you sold for $100.  If the profit margin was 25% that would mean your costs were $75 and your profit was $25.

Now there are at least two different margins we talk about.  In some cases it’s net profit margin which would be what’s left over after all expenses have been paid. 

The figure for the oil companies is undoubtedly net profit margin.

On the other hand I can guarantee that the movie theater concessions are not net profit.  I could believe that their costs overall are aroud 24% for the fountain pop, cups, popcorn, popcorn cups, napkins, butter, candy.  But you have to factor in the cost of the help and other costs associated with running the theater. 

In fact I don’t think theaters make much if any profit on the films and need the concessions to give them a reasonable return on their investment.

I go to one or two movies in a theater a year and screw the costs I’m having the big tub of popcorn because I want it.

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.

Just one thing, if they are talking about a margin of 75% they are talking about a 400% mark-up.

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.

TW,

Of course you are right.  First I was being facetious and second I really didn’t look at the phrase profit margin.  I was looking at as gains.  So if you take in $3.80 on a serving of popcorn that cost you $.50, you had a 760% gain on investment.  Oops, I hope no congresscriters read this blog and get the idea to tax all profits as capital gains.

Mark-up.  Thank you.  That was the word I was looking for.

An economist who thinks Mom Dad
and two kids piling into the car
and driving across the desert is
a good time, is seriously out of
touch with reality.

Sounds like fun to me.

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.

Yep, fifty yards!

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.

An economist who thinks Mom Dad and two kids piling into the car and driving across the desert is
a good time, is seriously out of touch with reality.

A totalitarian socialist who arrogantly preaches how people should and should not spend their money should find another country to live in.

I posted this for the likes of you, Woof:

http://sayanythingblog.com/readers/entry/the_spoiled_children_of_capitalism/

Hope and change, in a free world, are the private possessions of motivated individuals.

$71.50, from Disneyland to Las Vegas and back again?????
Please, you don’t have to stretch the truth.
I just “Hate” it when people do that to get a point across.
Kind of like Al Gore.
We’re talking about 650 miles, without city travel. A car getting 30 mpg would cost $100, to do that straight. $4.50 a gallon.
Be realistic; Gonna pile the “Family’ into the Smart Car? And, what kind of fuel economy is it going to get carrying an extra 400 lb’s????

I don’t see Hollywood suffering, except for Sarah Jessica Parker.(:^(

a)So is the medical industry discretionary?  About about prescriptions?

b)Also, how much lower do you propose big oil go?  5% profit margin?  1%?

c)Do you think “big oil” she be allowed to turn any profits at all? 

d)Or should we just nationalize the oil industry and turn the gas stations over to Congress?
Rob on August 7, 2008 at 01:13 pm

Why are you asking me ask such stupid questions?
But for all it’s worth here are your answers.

a)Do not confuse the medical industry with movies and popcorn.

b)I don’t propose anything. It is a free market. Let them set their prices.

c)You are refering to oil companies as “big oil”. My question to you: Is there “small oil”?
Yes oil companies should profit from their investments.

d)No we should not nationalize anything.

a)Do not confuse the medical industry with movies and popcorn.  It’s all business; you are the only one confused here.

b)I don’t propose anything. It is a free market. Let them set their prices.  If you knew anything about free markets, you would know that the relationship of supply and demand sets the price.

Hope and change, in a free world, are the private possessions of motivated individuals.

It’s all business; you are the only one confused here.
robert108 on August 7, 2008 at 09:06 pm

Oil is necessary, popcorn is not.

b)I don’t propose anything. It is a free market. Let them set their prices. ellinas on August 7, 2008 at 08:54 pm

robert108 on August 7, 2008 at 09:06 pm: If you knew anything about free markets, you would know that the relationship of supply and demand sets the price.

You are saying the same thing as I, albeit using different words.
Have a good night.

Oil is necessary, popcorn is not.

Non sequitur; they’re both businesses, and they both have a profit margin, which was what this thread is about; comparing profit margins of various businesses.

You are saying the same thing as I, albeit using different words.

No; you falsely stated that the oil companies set their prices, and I smacked you with the truth.
Educate yourself.

Hope and change, in a free world, are the private possessions of motivated individuals.

No; you falsely stated that the oil companies set their prices, and I smacked you with the truth.
Educate yourself.
robert108 on August 7, 2008 at 09:32 pm

I never said the oil companies set their prices.
I said: It is a free market. Let them set their prices.
ellinas on August 7, 2008 at 08:54 pm

The question:

b)Also, how much lower do you propose big oil go?  5% profit margin?  1%?

Your answer:

b)I don’t propose anything. It is a free market. Let them set their prices. ellinas on August 7, 2008 at 08:54 pm

You lie again; “them” refers to “big oil”.  You haven’t a shred of honesty.

You lie; I smack you with the truth; get used to it.

Hope and change, in a free world, are the private possessions of motivated individuals.

May the fleas of a thousand Iraqi camels infect your crotch.

I said: b)I don’t propose anything. It is a free market. Let them set their prices. ellinas on August 7, 2008 at 08:54 pm

Traslation for the mentaly challenged right wing nut:Let them, as in allow them to set their prices, a reference to the question about lowering “big oils” profit margins.

I am quite sorry to let you down, but the premise of this post is idiotic.  There is no family of 4 that spends $30 on snacks at the movies if they are remotely concerned about watching their spending.  Mine is just a family of 3 and we don’t buy ANY snacks at the movies anymore, though we were barely doing that before.  So your typical family of 4 trip to the movies - IF they don’t go to a matinee, costs probably less than $40.

Now, what, exactly is the draw of driving from Disneyland to Vegas ???  Certainly if you are comparing the family of 4 that is willing to spend like crazy and dump $30 on movie snacks, they certainly are - at a minimum - going to stop for a meal during the 530+ mile round trip.  If, however, you are going to even MENTION Disneyland, you need to mention the fact that a single day ticket for that family of 4 would run more than $200.  And if they don’t already live in LA, they would have to stay at a hotel that will run AT LEAST $100 per night.  I don’t know what the family of 4 would do in Vegas, but suffice to say it ain’t free. 

I am wholly in agreement that the alleged recession is not nearly as bad as the media would portray it, but $4 / gallon gas is no picnic for anyone.  For most people the quoted $70 is a single fillup, when it used to be closer to $30.

There is no family of 4 that spends $30 on snacks at the movies if they are remotely concerned about watching their spending.

I do.  We don’t go to many movies so when we DO go I consider it a way of treating the family.  Things we go to more often I hold back more.

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.

I am wholly in agreement that the alleged recession is not nearly as bad as the media would portray it…

Actually, it’s non-existent. We are not in a recession.

Hope and change, in a free world, are the private possessions of motivated individuals.

Traslation for the mentaly challenged right wing nut:Let them, as in allow them to set their prices, a reference to the question about lowering “big oils” profit margins.

No.  You displayed your ignorance of economics, because you are unaware that the relationship of supply and demand determines the price; if a company “sets their price” below the supply/demand level, they lose money, and go out of business; if they set it above the supply/demand level, they lose business to smarter competitors.  After I smacked you with the truth, you lied about what you said, and then I smacked you with the truth again.
As long as you keep lying, I’ll keep smacking you with the truth.  Depend on it.

Since you are an arrogant, ignorant liar, all you have is juvenile and perverted insults; you certainly have no valid arguments about anything.

Hope and change, in a free world, are the private possessions of motivated individuals.

No.  You displayed your ignorance of economics, because ...........................business to smarter competitors.  After I smacked you with the truth, you lied about what you said, and then I smacked you with the truth again.
As long as you keep lying, I’ll keep smacking you with the truth.  Depend on it.

Since you are an arrogant, ignorant liar, all you have is juvenile and perverted insults; you certainly have no valid arguments about anything.
robert108 on August 8, 2008 at 08:55 am

The above drivel is devoid of substance,and is a self congatulatry gesture from you to you.

The above drivel is devoid of substance,and is a self congatulatry gesture from you to you.

Wrong, idiot; over and over again, I prove you to be completely ignorant about economics, and over and over again, I expose you lying about it.
You keep lying, I’ll keep smacking you with the truth.

The truth is, you made an ignorant statement about how things are priced, you denied you said it, I proved you lied, and now you generate more lies to cover up your initial lies.  This is your repeating pattern.
You just keep lying and proving you know nothing of the subject at hand.

Hope and change, in a free world, are the private possessions of motivated individuals.

One more drivel from you that is devoid of substance,and is a self congatulatry gesture from you to you.

One more drivel from you that is devoid of substance,and is a self congatulatry gesture from you to you.

I will always smack your lying, ignorant drivel with the truth.  You can depend on it.

You lied about how price is determined in the free enterprise system, and I smacked you with the truth; you tried to lie your way out of that, and I smacked you with the truth.  You lie again and again, and again and again I smack you with the truth.
That’s the way it’s going to be, until you start telling the truth.  Only the truth will save you.

Hope and change, in a free world, are the private possessions of motivated individuals.

You lied about how price is determined in the free enterprise system, and I smacked you with the truth; you tried to lie your way out of that, and I smacked you with the truth.  You lie again and again, and again and again I smack you with the truth.
That’s the way it’s going to be, until you start telling the truth.  Only the truth will save you.
robert108 on August 8, 2008 at 12:46 pm

The above quoted post is the ramblings of a desperate blogger. Poor baby dying for attention.
And to top it off, he will call my posts lies, untill such time that my posts are indistinguishable from his. Well good luck old man.

And to top it off, he will call my posts lies, untill such time that my posts are indistinguishable from his.

You lack the knowledge and ability to match the content of my posts.  You lie in every post, and you get smacked with the truth every time you lie.  Stop lying, and I’ll stop smacking you with the truth.
You lied about “big oil” setting the price.

Hope and change, in a free world, are the private possessions of motivated individuals.

The above quoted post is the ramblings of a desperate blogger. Poor baby dying for attention.
Bwahahahahah!!!!!