MoviePass couldn’t afford to pay for movie tickets on Thursday

Post by dwighttk » Mon, Jul 30, 2018, 1:31 PM UTC

scarface74 wrote: post #145

uxp100 wrote: post #134

Earlier quoted context omitted.

I looked at an AMC I've been to. They have 20 movies listed as available to see today. Many only have 2 showings or something, but they have 20 screens, they seem to turnover more than 5 or 6 movies in a month.

I didn’t say they only have 5 or 6 movies showings at once. By turnover, I meant after you catch up on all of the movies they have now, you won’t find 20 new movies next month. Over the course of the year, they won’t have 156 movies in the theatre (52 x 3)

Post by bonestamp2 » Mon, Jul 30, 2018, 6:48 PM UTC

jfim wrote: post #268

gwbas1c wrote: post #264

Earlier quoted context omitted.

Exactly. Most people aren't stupid enough to sign up for things they won't use. The subscription model where you assume your customers just forget to unsubscribe will never go anywhere.

> Most people aren't stupid enough to sign up for things they won't use. That's the gym model, sign up people in January for a yearly gym membership, have 90% of those people not visit past the end of the month.

Post by bonestamp2 » Mon, Jul 30, 2018, 7:01 PM UTC

ams6110 wrote: post #227

rtkwe wrote: post #214

Earlier quoted context omitted.

I mean the plan seems to be that except the marginal losses are supposed to go down as they reach higher volumes. Attract the heavy movie goers first and lose money on them till you can attract enough light movie goers that will buy this and forget about so you can afford the people seeing more than 2 movies a month. There's other ways to drop that marginal cost like getting deals from theaters on tickets for bringin…

That might have worked before Netflix and Amazon Prime and other online movie services. The light movie goers are all online now. Only the heavy duty die-hards are still going to theaters to see first-run films. I haven't gone to a theater movie in over three years.