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Moviepass is hurting AMC's business and doesn't seem to have plans to make a profit. If I were AMC I would buy this company just to shut it down.
by gourou 9y ago
Moviepass is hurting AMC's business and doesn't seem to have plans to make a profit.
If I were AMC I would buy this company just to shut it down.
- ghaff 9y agoAt the moment, it would seem to help AMC's business by driving more (paying from AMC's perspective) customers to their theaters. The problem is that AMC apparently wants to introduce their own card, likely at a higher price point. >"That price level is unsustainable and only sets up consumers for ultimate disappointment down the road if or when the product can no longer be fulfilled," the company said. Is pretty much the definition of BS.
- tass 9y agoIts there any explanation as to how this hurts their business?
- gourou 9y agoThey have a competing card service that's more expensive