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I think it's the second, and I doubt the alternative ways to profit is my thing. I think they are banking on one of those paying off. I doubt many people get m
by adjkant 9y ago
I think it's the second, and I doubt the alternative ways to profit is my thing. I think they are banking on one of those paying off.
I doubt many people get movie pass and lose money on it frankly. Somewhere around 1-5%. If you are going to only 5 movies a year, and price isn't the issue, you have no reason to buy MoviePass. The majority of the customers are likely those who they will lose money on.
I think on average they are losing quite a lot per user, and the data can't be all that useful.
If it takes a year to get useful data, and they lose an average of $100 a year per person (a bit under two movies a month per person on average), is each person's data worth that?
As far as concessions, big theatres hate MoviePass right now and I don't see them getting a cut of that confessions profits anytime soon. I'm riding the wave of free movies but doubt they last. I think it's far more likely it pressures the industry to change its model but they aren't going to be getting rich off of it without a strong pivot from the current business model.