Home > Market > Today marks 117 years of commercial movies

Today marks 117 years of commercial movies

December 28, 2012

CinematographeCameraOn December 28, 1895, the world encountered the very first commercial movie screening. According to History.com the very first commercial movie was screened at The Grand Cafe in Paris. It was two French brothers named Louis and Auguste Lumiere had earlier that year invented a camera/projector called a Cinematographe (pictured in this post). Later that year the brothers charged admission to show everyday footage shot in the area. That was the beginning of commercial movies.

It’s almost amazing to see how far the movie industry has come in a little over a century. In the US alone the 2012 annualized movie ticket sales are expected to reach 1.35 billion tickets sold. That is a revenue of about $10.58 billion! The movie industry is bringing in over $10 billion dollars in ticket sales revenue in just one country, that doesn’t even include the rest of the world. It’s amazing that one little invention and the idea to commercialize it created such an industry.

Of course other revenues must also be considered. 2nd market sales such as VHS (if they still exist?), DVD, Blue-Ray, and digital streaming allow continuous revenues from each movie produced. In addition hundreds of side industries exist just to support the movie industry. These industries range from animation studios to popcorn makers! I’ll stop here, I don’t need to rewrite I, Pencil centered around the movie industry.

Since I promised my kids to spend some quality time watching old Sci-Fi movies this will be a short post. To keep that promise I believe an MST3K marathon is in order. Movies are best when experienced, instead of just watched!

Just remember when you watch a movie it all began with two French entrepreneurs and a century of capitalist growth!

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