3 ms·

Buying its tickets at retail cost is crazy...

• IncRnd 9y ago
  It's all about Failing Fast and Failing Often in today's world of silly business sayings.
  • pjc50 9y ago
    Or as we used to say, anyone can sell a dollar for ninety cents.
    • IncRnd 8y ago
      You win! That's definitely a fast fail.
      • pjc50 8y ago
        The phrase is not my invention :) it or something like it was about during the first dotcom boom, said about companies like webvan and pets.com
• stefan_ 9y ago
  Their plan is to make it up in volume, clearly.
  • giobox 8y ago
    It’s either this, or grow big enough fast enough before the cash runs out that they have a strong bargaining position with big cinema chains to cut deals for cheaper tickets, perhaps also using the carrot of some kind of concession promotion to encourage subscribers to buy popcorn etc. If this model works, it isn’t exactly hard for a large chain like AMC to do in house at all, I really don’t see the incentive to get into bed with MoviePass. Some European cinema chains already do this, like Cineworld in the UK.