China's movie audiences have slumped in the last decade, hit by competition from television and video as well as by the soaring cost of tickets, the Market Daily says. China's cinemas sold tickets to eight billion theatre-goers last year, compared with sales of 29.3 billion in 1984, the newspaper said. It attributed the slump to new forms of recreation such as television, videos and video compact discs. Cinema ticket prices have rocketed, to 20 yuan (about HK$18.57) in Beijing last year from 20 fen in 1984, it said. Some cinemas in larger cities such as Beijing, Shanghai and Guangzhou have cut ticket prices for certain shows to a more acceptable level of three yuan in the last few months, resulting in increased audience levels.