MOVIETICKETS.COM ANNOUNCES ADVANCE TICKET SALES FOR HOLIDAY BLOCKBUSTER FILMS
(Hollywood, CA – October 25, 2002) – MovieTickets.com announced today that tickets for Warner Bros.' Harry Potter and the Chamber of Secrets, which is scheduled to open in theaters on November 15th, are now available for advance purchase online. In addition to Harry Potter and the Chamber of Secrets, MovieTickets.com also announced that it will continue to offer tickets at least one week prior to the premiere of highly anticipated blockbuster films scheduled to open during the 2002 holiday season.
Launched in May 2000, MovieTickets.com has become the largest online movie ticketing site. Since its debut, MovieTickets.com has seen its traffic increase tenfold. Over the past year, MovieTickets.com has achieved new milestones for revenue and tickets sold, as consumers continue to embrace the Internet for entertainment solutions. To date, the site has sold over 9.3 million tickets. MovieTickets.com is partnered with an elite list of theater chains, including AMC Theatres, National Amusements, Famous Players, Hoyts Cinemas, Marcus Theatres, and Consolidated Theatres, among others, offering consumers the best state-of-the-art theater facilities.
"The anticipation for the premiere of Harry Potter and the Chamber of Secrets and other upcoming blockbuster films is building and MovieTickets.com ensures fans will have a seat for opening weekend," said Mitchell Rubenstein, Co-CEO of MovieTickets.com. "2002 was a record year for box office sales and online movie ticketing played a significant role in that surge. As more and more consumers embrace the Internet for movie ticket purchases, we expect this trend to continue."
Purchasing tickets online is simple. Users click on www.MovieTickets.com, enter their zip code for a listing of nearby theaters, select a movie and show time and buy their tickets with a credit card. Then, they simply go to the theater's box office or automated ticketing station, with credit card in hand for verification, and pick up their tickets. In several markets, MovieTickets.com offers movie-goers the convenience of printing tickets at home, a service the site plans to roll-out nationwide. MovieTickets.com also offers movie trailers, reviews and theater guides to assist users in their purchasing decisions.
MovieTickets.com is a joint venture between Hollywood Media Corp., AMC Entertainment, National Amusements, Famous Players, Marcus Theatres, Hoyts Cinemas and Viacom.
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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