6 ms·
First, they tried to strongarm AMC into getting a portion of ticket and concession sales [0]. When AMC said "lol no", MoviePass blocked AMC and tried to pass it
by Jasper_ 8y ago
First, they tried to strongarm AMC into getting a portion of ticket and concession sales [0]. When AMC said "lol no", MoviePass blocked AMC and tried to pass it off as AMC blocking MoviePass. They then lied about how much money they made AMC [1].
[0] https://deadline.com/2018/01/moviepass-lack-of-amc-theatres-coverage-1202269412/ https://deadline.com/2018/01/moviepass-lack-of-amc-theatres-...
[1] https://variety.com/2018/film/news/amc-blasts-moviepass-false-statements-profitability-1202678478/ https://variety.com/2018/film/news/amc-blasts-moviepass-fals...
- scarface74 8y agoAnd then AMC turned around and did thier own subscription service. Yes it cost more, but it’s sustainable, you don’t have to jump through hoops to use it and I’m really enjoying it.
- ProfessorLayton 8y agoIn the end consumers got a subscription service from a major theatre for a lot less than buying individual tickets, something I doubt would have happened if it weren't for Moviepass. Competition is good for consumers.
- polskibus 8y agoIsn't it dumping though? That's very bad for competition in the long run, lack of which is bad for consumers.
- dwighttk 8y ago>it’s sustainable Is it? 3 movies/week for $20/month is about $1.67/ movie. I think it is just around until movie pass kicks the bucket (at least at that price)
- scarface74 8y agoAMC doesn’t show 12 different movies in a month. At most, they probably have a turnover of 5-6 movies per month. As I said earlier, the price they pay for the studio for each movie a subscriber sees is around $4-$6. They still make a lot of money on high priced concessions.
- uxp100 8y agoI looked at an AMC I've been to. They have 20 movies listed as available to see today. Many only have 2 showings or something, but they have 20 screens, they seem to turnover more than 5 or 6 movies in a month.
- scarface74 8y agoI didn’t say they only have 5 or 6 movies showings at once. By turnover, I meant after you catch up on all of the movies they have now, you won’t find 20 new movies next month. Over the course of the year, they won’t have 156 movies in the theatre (52 x 3)
- dayofthedaleks 8y ago191 films were released by the top 10 US studios in 2015. I bet most 24-plexes screened them all, plus more.
- scarface74 8y agohttps://stephenfollows.com/how-many-films-are-released-each-year/ https://stephenfollows.com/how-many-films-are-released-each-... The best I could come up with - 93 wide release movies in 2016. AMC does restrict the subscription service so it doesn’t cover the Fathom Events movies.
- dwighttk 8y agoDo they limit you to one viewing per movie?
- 8y ago
- superfrank 8y agoI would be absolutely shocked if the average movie goer went to the movies 3 times per week, even with the AMC pass. Anecdotally, I know about 15 people who have MoviePass. One couple I know goes probably in that 2-3 times per week range. Another guy I know, tries to go once on each weekend day (but skips every once in a while). Pretty much everyone else falls into the 0-3 times per month.