Electronic Recreation

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Electronic Recreation Economics
   
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Topics of Technology Rec.

Television

Video Games

DVD/VHS

Movie Theaters

Television

Huge form of recreation. Most people watch a lot of TV each day and billions are spent on advertising for these people.

The average person spends 4 hours a day watching TV.

The cost to advertise for 30 seconds on many popular TV shows is more than $300,000

Video Games

People spend more the $10 BILLION each year on video games.

This is huge for our economy. It makes a lot of jobs for the programmers and the manufactures.

Video games are one of the top recreation methods in the World.

DVD/VHS

The Release of movies brings in about $9 Billion per year in the United States
 

 "VHS and DVD are worth over $14 Billion (US) per year"
 

Movie rentals bring in another $8 Billion (US) per year
 

Pay-Per-View movies, alone, have an annual value of about $1.6 Billion, not including Adult videos, and Pay-Per-View events.

Movie Theater

Regal's revenue for the second quarter ended June 26 increased to $648.1 million

It cost $7.50 per person to go to a movie now and another $10 on top of that for popcorn and things like that. This is huge for the economy as well.

What This Means

After all of his, it shows that technology is a huge impact on economic and recreational status of our country.

It means that the electronic revolution in recreation is here to stay.

Remember, now electronic recreation is in the hundreds of billions of dollars.

 

Sources:

Video Games

http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/2004/12/18/MNGUOAE36I1.DTL

Theaters

http://www.factbook.net/wbglobal_rev.htm

http://www.markels.com/NY%20Times%20%20A%20Movie%20Theater%20Revival,%20Aided%20by%20Teenagers.htm

Television

http://upn33.com/adpromo/local_story_263221827.html

http://www.snipsmag.com/CDA/ArticleInformation/features/BNP__Features__Item/0,3374,78563,00.html

DVD/VHS

http://www.dvdinformation.com/News/press/010802.htm

http://www.makeyougohmm.com/20051024/2530/