Moviepass relaunch has me kinda curious, and I like the idea of guesting people in, but I don't want to stare at ads for moviepoints, and NFT cryptopasses can pound sand.
Moviepass relaunch has me kinda curious, and I like the idea of guesting people in, but I don't want to stare at ads for moviepoints, and NFT cryptopasses can pound sand.
A bunch of movie theaters have launched their own versions of MoviePass. I don't see how a third party could really make this viable in the same way AMC or Regal can.
A bunch of movie theaters have launched their own versions of MoviePass. I don't see how a third party could really make this viable in the same way AMC or Regal can.
I live by a mall theater that made bank off of moviepass, and they're not affiliated with any of the big chains. They could probably roll their own premium membership, but Moviepass let's you roll...
I live by a mall theater that made bank off of moviepass, and they're not affiliated with any of the big chains. They could probably roll their own premium membership, but Moviepass let's you roll in a bunch of smaller theaters.
Moviepass just paid the full ticket price to the movie theaters. It's why they burned through all their money so quickly. It was never a viable business model. Their plan was to amass a huge...
Moviepass just paid the full ticket price to the movie theaters. It's why they burned through all their money so quickly. It was never a viable business model. Their plan was to amass a huge number of users (at great expense to their investors) then figure out how to transition to a profitable system. They never figured out that last part.
Moviepass 1.0 was a debit card where the service would pay for the ticket at cost, marketing on the idea that they could direct ticket sales to smaller features and make people see more movies. It...
Moviepass 1.0 was a debit card where the service would pay for the ticket at cost, marketing on the idea that they could direct ticket sales to smaller features and make people see more movies. It worked a little too well for them, but theaters still got paid what they would have.
Moviepass relaunch has me kinda curious, and I like the idea of guesting people in, but I don't want to stare at ads for moviepoints, and NFT cryptopasses can pound sand.
A bunch of movie theaters have launched their own versions of MoviePass. I don't see how a third party could really make this viable in the same way AMC or Regal can.
I live by a mall theater that made bank off of moviepass, and they're not affiliated with any of the big chains. They could probably roll their own premium membership, but Moviepass let's you roll in a bunch of smaller theaters.
How did they profit from Moviepass?
Moviepass just paid the full ticket price to the movie theaters. It's why they burned through all their money so quickly. It was never a viable business model. Their plan was to amass a huge number of users (at great expense to their investors) then figure out how to transition to a profitable system. They never figured out that last part.
Concessions? That's where the margin is for many theaters is.
Moviepass 1.0 was a debit card where the service would pay for the ticket at cost, marketing on the idea that they could direct ticket sales to smaller features and make people see more movies. It worked a little too well for them, but theaters still got paid what they would have.
Edit: And concessions.