MOVIETICKETS.COM ANNOUNCES RECORD ADVANCE TICKET SALES
Over $1 Million in Tickets sold for Harry Potter and the Sorcerer's Stone on MovieTickets.com
(Hollywood, CA - November 14, 2001) – MovieTickets.com today announced record-breaking advance movie ticket sales for Warner Brothers' Harry Potter and the Sorcerer's Stone. Since October 31, 2001, MovieTickets.com has sold over $1 million in advanced movie tickets for the film, which is scheduled to premiere on Friday, November 16th.
"The demand for advanced tickets to Harry Potter and the Sorcerer's Stone has been unparalleled," said Mitchell Rubenstein, Co-CEO of MovieTickets.com. "After registering a record breaking weekend on November 2nd, driven by the release of Monsters, Inc., MovieTickets.com has experienced a substantial increase in online ticket sales, due to the demand for advance Harry Potter tickets. This trend underscores the advantage of purchasing movie tickets online, as fans can guarantee they will see the film on opening weekend. In addition, our print-at-home ticketing capability enables many theater-goers to skip the lines altogether. As a result of the success of advanced ticket sales for Harry Potter, which drove new users to the site, we've greatly increased our customer base and expect overall online movie ticketing sales to accelerate for all movies. We look forward to providing consumers with a more enjoyable movie-going experience."
Purchasing tickets online is simple. Users click on www.MovieTickets.com, enter their postal code so they can find nearby theaters, select a movie and showtime, and buy their tickets with a credit card. Then, they simply go to the theater's box office and pick up their tickets. In addition, the company is currently rolling out at home ticket printing, which will further increase the convenience factor.
MovieTickets.com employs the latest technology for maintaining data security and allows customers to register with the Web site to easily purchase movie tickets without entering credit card information every time. MovieTickets.com's online ticketing inventory is available to approximately 8,000 movie screens throughout North America, representing close to 80% of North America's movie screens that offer Internet ticketing. In addition, MovieTickets.com is the #1 provider of print at home ticketing for more theaters than any other online ticketing service.
MovieTickets.com is a joint venture between Hollywood Media Corp. (Nasdaq: HOLL), AMC Entertainment (AMEX: AEN), National Amusements, Famous Players, Marcus Theaters (NYSE: MCS), Hoyts Cinemas and Viacom (NYSE: VIA), offering the online sale of movie tickets with additional content to assist users with their movie-going plans. Purchasing tickets online through MovieTickets.com couldn't be easier. MovieTickets.com's Quick Checkout service allows users to register with the site and buy tickets online by simply entering a name and password. In addition to ticket sales, MovieTickets.com distinguishes itself by offering comprehensive information about current and future movie releases. Additionally, MovieTickets.com offers moviegoers the ability to print purchased tickets at home, as well as email tickets to friends and family members.
Since Spring 2000, MovieTickets.com's ticket sales have exceeded 2.5 million tickets, offering consumers the ease and convenience of a virtual box office in their homes. Additionally, MovieTickets.com offers moviegoers the ability to print purchased tickets at home, as well as email tickets to friends and family members.
The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in Hollywood Media Corp.'s, AMC Entertainment Inc.'s and The Marcus Corporation's filings with the Securities and Exchange Commission.
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