Film execs cross with Halo 3
Kept people at home.
With a poor October box office, some film executives are convinced that Halo 3 has kept movie audiences home, GamesIndustry.biz reports. And not that all their films were bollocks.
According to an Advertising Age article, total indusry ticket sales were only USD 80 million for the weekend of 5th October, down 27 per cent from the prior year.
That's the worst performance for an October weekend since 1999.
Halo 3 launched on 26th September, and has earned sales of well over USD 300 million. Xbox Live players racked up more than 40 million hours of gameplay by the end of the first week.
"The audience on this game is the 18-to-34 demographic, similar to what you'd see in cinemas," said Mike Hickey, an analyst at Janco Partners, adding that "this could last for several weeks".
"We marketed [Halo 3] like a film," said Josh Goldberg, a Microsoft product manager, "and now, we're just as big or bigger than film."
In terms of revenue, the launch of Halo 3 set the single-day record for an entertainment product, beating films such as Spider-man 3 and Pirates of the Caribbean: Dead Man's Chest, books such as Harry Potter and the Deathly Hallows, and games such as Halo 2.
Why go to the cinema when you can read GamesIndustry.biz instead?
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Comments (47) Latest comment 5 years ago
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Dom't get me wrong - i LOVE halo, but the comparison of revenue between a £50 game and a £5 cinema ticket is slightly unfair
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More like £40 - £6...Oh wait, still a huge difference, okay carry on
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What a stroke of genius.
Can't decide.
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Instead of moaning about halo 3, how's about you make a movie on it then, eh?
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"I think considering a film lasts for a couple of hours and a game like Halo has the ability to last for a couple of hundred hours, it's a very fair comparison..."
Seems the industry agree's with you "an analyst at Janco Partners, adding that this could last for several weeks"
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@stifler
i'll repeat a previous post of mine for the benefit of those that missed it last time on how a comparision like this DOES work...
cinema ticket sells for low price and therefore lots of people buys tickets generating lots of cash
videogame sell for high price meaning fewer people buy but also generates lots of cash
if cost of cinema ticket increases fewer people buy but the higher price means it would generate roughly the same amuont of cash
so if the price of the game were reduced more copies would be sold also resulting in roughly the same amount of cash in the end
so that's how they're compared regardless of the initial price
edit: and regarding the news story... what decent films have come out in recent weeks? nice to see a lot of examples... hmm
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Which is it? LOL
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(And a load of shite!)
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Surely this is only true if the installed user base of the system the game is on is similar to the world wide cinema going public......
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Cry more, babies.
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Maybe your movie is crap? Which is why it didn't sell?
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(And a load of shite!)
+1
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Am I really an exception? Are lots of people actually forgoing what they would normally do just because of this game?
I suspect it is the line up of movies recently, altho I enjoyed Ratatoie and Superbad, both of which I saw in the cinema recently
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*Goes and makes an Infection mode for Halo 3 based on RE*
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I get what your saying but I don't think you can necessarily say its as black and white as that, there are a lot of factors affecting elasticity of a good outside of price.
I mean thats very rudimentary econmoics, the correlation between price and demand isn't always as straightforward as that.
edit:
I realise that sounds very tossery... but i didnt mean it to,
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Feel The Noise
The Heartbreak Kid
The Seeker: The Dark Is Rising
The Good Night
Lake of Fire
Michael Clayton
My Kid Could Paint That
Nina's Heavenly Delights
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PWNT!
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I may not be representative of the whole of America, but Hollywood has got some major issues to deal with. But don't cry for them because they are making a mint exporting films in the international market.
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I think the former is definetely more appealing.
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I think the former is definetely more appealing."
Aaaaand then "Halo the movie" comes with a 30sec clip of fun looped over and over. Everybody is happy again