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The moat is network effects + revenue sharing with theaters. If that happens, how is a second business going to overcome MoviePass (who would then have the add
by ethbro 8y ago
The moat is network effects + revenue sharing with theaters.
If that happens, how is a second business going to overcome MoviePass (who would then have the additional revenue streams)?
If it's a risky play to do first, then it's even riskier to do second.
- koolba 8y agoA theater chain could easily do it. Imagine if they come out with “AMC pass”. They’ve got the network and prime locations. I bet they’re waiting for MoviePass to go belly up first. No point in having to compete with a company that’s literally throwing money at them (paying full price x3-4 per person per month to AMC).
- organicmultiloc 8y agoEvery theater chain already has passes, and has for a couple years now. None of them are halfway as good of a deal as moviepass is.
- gergles 8y agoI guess they could, but they don't seem to want to. Cinemark's competitor gives you ONE movie (non-premium, non-3D, etc.) a month for $8.99. Watching the ad for it preroll every time before a movie I've 'paid for' (with MoviePass) coming on has become a running joke between me and my partner that only people who are such luddites that they've never heard of MoviePass would remotely think it was a good deal.
- atomical 8y agoImagine when most of their revenue comes from MoviePass. They can't flip a switch overnight.
- TheCoelacanth 8y agoThat sounds a lot like saying that their moat is that their business model is too stupid for anyone else to try it.
- ethbro 8y agoYou're not wrong.