Movie ticket prices increase 8% to highest level in a decade

Apparently Hollywood didn't get the memo that prices are supposed to stay low when the economy is in a slump.

The National Assn. of Theater Owners reported Tuesday that the average ticket price in the first quarter of 2010 was $7.95, jumping 8% from $7.35 in the same period last year. That's the largest yearly increase since the association started tracking quarterly ticket price data in 2001.

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