Tag Archives: Price Elasticity

Why The 2019 Oscars Could Change the Movie-Going Landscape

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The Oscars are a yearly extravagance that many people enjoy from the comfort of their living room, hoping to see one of their favorite nominees win one of the highly coveted awards. Roma’s nomination for Best Picture at the 2019 Oscars is notable for a number of reasons, but one could have major implications for the future of multiplex cinemas. Roma was a film produced by, and initially released on, Netflix. This might not seem special, but the film was nominated for Best Picture at the 2019 Oscars which is unprecedented for a streaming service’s original film. Not only that, Continue reading Why The 2019 Oscars Could Change the Movie-Going Landscape→

Super Low at the Super Bowl

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It has now been five days since the Super Bowl. The New England Patriots, led by Bill Belichick and Tom Brady, went on to beat the Los Angeles Rams to win their sixth league championship. The game, held in Atlanta, Georgia, was the lowest scoring NFL championship in league history with both teams combining for a total of 16 points. The score was not the only low point at Mercedes Benz Stadium, however. This past season, the ownership of the Atlanta Falcons decided to slash concession prices during home football games. Fans could purchase a beer for $5 and a Continue reading Super Low at the Super Bowl→

A Sweet and Sugary Debate

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Philadelphia became the first major city to take a stance against “sugar-sweetened and diet beverages” with a 1.5 cents per ounce tax on distributors. The tax was passed by the city council in June and has been in full swing since January. Some news sources are quick to point out the success of the tax as it has “generated $5.9 million in January, more than double its prediction of $2.3 million.” An important platform of the tax campaign was that the revenue from the tax would help fund schools, community programs and facilities in Philadelphia. But the primary purpose for Continue reading A Sweet and Sugary Debate→