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THR: CEO Mitch Lowe predicts profits by the time it hits 4 million subs

Posted by: Antibody on Jan 25, 14:13 in response to slipping jimmy's post DL: MoviePass no longer accepted at certain AMC locations

https://www.hollywoodreporter.com/news/how-long-can-moviepass-keep-burning-cash-1078098

DL: MoviePass no longer accepted at certain AMC locations slipping jimmy Jan 25, 13:59

(the most expensive NYC/LA houses) {nm} slipping jimmy Jan 25, 14:00

Ha, MP is blaming AMC, when it's MP not covering the most expensive locaitons. {nm} Antibody Jan 25, 14:12

AMC says MoviePass pays them $11.88 for every admission using the service. The MP balance sheet must be horrifying. {nm} KidsFund Jan 25, 14:03

it's their business model so i doubt they worry too much (yet). but clearly the premium prices at these locations must have been too much {nm} slipping jimmy Jan 25, 14:07

I wonder what happens when you can't use MoviePass in certain theaters to see a film that MoviePass has (co)purchased {nm} KidsFund Jan 25, 14:09

i'd think they'd just eat the ticket price in those locations as a cost of distribution {nm} slipping jimmy Jan 25, 14:11

THR: CEO Mitch Lowe predicts profits by the time it hits 4 million subs Antibody Jan 25, 14:13

They're trying to get a percent of concessions, so that explains another piece of the business model that I hadn't seen before {nm} MattW Jan 25, 16:48

Got my MoviePass card yesterday,... got advertisment email from MoviePass today (for Maze Runner: The Death Cure) {nm} RazorHawk Jan 26, 08:37

I MoviePass'd today... gonna MoviePass tomorrow {nm} RazorHawk Jan 25, 14:59

+1 {nm} Wellespring Jan 25, 15:17

Me, too {nm} ndmaster Jan 25, 16:49

Did you pay for your MoviePass with MasterPass? {nm} DTravel Jan 26, 12:50

Apparently, AMC is working on a similar product to MP. {nm} ndmaster Jan 25, 16:51

as long as MoviePass is actually paying AMC for the tickets, shutting them out of AMC theaters completely for a competing product would be slipping jimmy Jan 25, 16:58

Apparently, this was MP's decision. {nm} ndmaster Jan 25, 20:12

It figures. I was just about to buy one. {nm} clusterxxxx Jan 26, 01:46





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