5 ms·

The Nerdwriter has a good video (short, just 6 minutes) about it: https://www.youtube.com/watch?v=w876zZZIb10 https://www.youtube.com/watch?v=w876zZZIb10 The g

The Nerdwriter has a good video (short, just 6 minutes) about it: https://www.youtube.com/watch?v=w876zZZIb10 https://www.youtube.com/watch?v=w876zZZIb10 The gist of it is, they're hoping to grow so big that movie theaters will have no choice but to negotiate with them, to share part of the revenues they bring theaters from people who normally don't come watch movies on a whim anymore.

nodesocket 8y ago
But why not increase the membership fee marginally in the meantime to stay afloat? I suspect the vast majority of members would stay. Also as another user posted below, set a cap on the number of movies you can view per month and offer a premium unlimited membership upsell.
- SilverCurve 8y ago
  They are starting to do it. One of their new features is charging a few dollars on "hot" show time.
  - stuckinarut 8y ago
    I'd rather just get a ticket to a different movie twice, via moviepass, and just pay to see the "hot" movie normally. I hate this surge pricing bullshit. It's just scalping and I'd rather lose moviepass entirely than every contribute to that shit.
lainga 8y ago
Isn't that kind of rent-seeking?
- mi100hael 8y ago
  Not if they are providing a better customer experience along the way as well as drawing new customers to the market. "Rent-seeking" implies a desire to simply extract cash without providing any value to anyone.
scarface74 8y ago
And the movie theatres just created thier own subscription service. Why should they pay a third party?
- misterprime 8y ago
  Being able to go to a different chain is nice. For example, near home there is Regal theater, but near where everyone hangs out there is an AMC. I'm considering switching from MoviePass to AMC A-Stubs or whatever it's called, but will lose out on the opportunity to walk to my local theater for a free flick.
  - lbotos 8y ago
    The best part about this is that you called them "free flicks". Are they actually? I was under the impression you were paying something for them?
    - learc83 8y ago
      If you're paying $10 a month, you normally see 1 movie per month, and you're thinking of the monthly fee as paying for that one movie, any additional movies you see are effectively free.
      - mjevans 8y ago
        Offhand, I don't think I actually see 12+ movies a year on average. In recent years it's mostly been Marvel films + a random other thing that I also happened to be interested in seeing (E.G. Incrediables 2).
        scarface74 8y ago
        My wife and I were exactly the same way. Only the “event” films were worth seeing in the theatre. Most other movies we would see when they fell off of a truck onto my Plex Server. We have gone to see a lot more movies this month since we had it. If you see two movies a month you break even. If we see one $17.26 IMAX movie we almost break even. But more importantly, for us. It is a commitment device. There are a lot of times that life gets busy and my wife and I don’t go out. Now we just get out the house once or twice a week and go to a movie. We can even meet for an extended lunch sometimes since my wife had a split shift during the school year. She’s off during the summer.
stevewillows 8y ago
This is sort of like Amazon's tactic with ebooks and such. Lose until your volume is high, then when you've cornered that particular market, negotiate a workable cost per unit. I really hope it works out -- but in all sincerity, I don't see why the theaters themselves aren't just copying this for their chains. MoviePass has already demonstrated the market.
- anamexis 8y ago
  Theaters are copying this for their chains - see Cinemark Movie Club and AMC Stubs A-List.
  - jonny_eh 8y ago
    And to me that means Moviepass has done its job. I subscribed to the annual Moviepass plan, tried to use it last night (which failed, see article), so signed up for the Cinemark Movieclub, which lets me buy tickets online, and days in advance.
    - stuckinarut 8y ago
      I might sign up for the AMC one, or regal. mostly I like to see movies at Cinerama though. Just way way better.
- ascorbic 8y ago
  They've done this in the UK for at least a decade. The two biggest chains each have an unlimited subscription service. They're both £18 though, so a lot more than moviepass
- 794CD01 8y ago
  I don't see how it makes sense to copy a strategy that loses money when someone else is already following that strategy and going broke due to all the money they're paying you.
  - 15155 8y ago

nodesocket 8y ago

But why not increase the membership fee marginally in the meantime to stay afloat? I suspect the vast majority of members would stay. Also as another user posted below, set a cap on the number of movies you can view per month and offer a premium unlimited membership upsell.

SilverCurve 8y ago
They are starting to do it. One of their new features is charging a few dollars on "hot" show time.
- stuckinarut 8y ago
  I'd rather just get a ticket to a different movie twice, via moviepass, and just pay to see the "hot" movie normally. I hate this surge pricing bullshit. It's just scalping and I'd rather lose moviepass entirely than every contribute to that shit.

lainga 8y ago

Isn't that kind of rent-seeking?

mi100hael 8y ago
Not if they are providing a better customer experience along the way as well as drawing new customers to the market. "Rent-seeking" implies a desire to simply extract cash without providing any value to anyone.

scarface74 8y ago

And the movie theatres just created thier own subscription service. Why should they pay a third party?

misterprime 8y ago
Being able to go to a different chain is nice. For example, near home there is Regal theater, but near where everyone hangs out there is an AMC. I'm considering switching from MoviePass to AMC A-Stubs or whatever it's called, but will lose out on the opportunity to walk to my local theater for a free flick.
- lbotos 8y ago
  The best part about this is that you called them "free flicks". Are they actually? I was under the impression you were paying something for them?
  - learc83 8y ago
    If you're paying $10 a month, you normally see 1 movie per month, and you're thinking of the monthly fee as paying for that one movie, any additional movies you see are effectively free.
    - mjevans 8y ago
      Offhand, I don't think I actually see 12+ movies a year on average. In recent years it's mostly been Marvel films + a random other thing that I also happened to be interested in seeing (E.G. Incrediables 2).
      - scarface74 8y ago
        My wife and I were exactly the same way. Only the “event” films were worth seeing in the theatre. Most other movies we would see when they fell off of a truck onto my Plex Server. We have gone to see a lot more movies this month since we had it. If you see two movies a month you break even. If we see one $17.26 IMAX movie we almost break even. But more importantly, for us. It is a commitment device. There are a lot of times that life gets busy and my wife and I don’t go out. Now we just get out the house once or twice a week and go to a movie. We can even meet for an extended lunch sometimes since my wife had a split shift during the school year. She’s off during the summer.

stevewillows 8y ago

This is sort of like Amazon's tactic with ebooks and such. Lose until your volume is high, then when you've cornered that particular market, negotiate a workable cost per unit. I really hope it works out -- but in all sincerity, I don't see why the theaters themselves aren't just copying this for their chains. MoviePass has already demonstrated the market.

anamexis 8y ago
Theaters are copying this for their chains - see Cinemark Movie Club and AMC Stubs A-List.
- jonny_eh 8y ago
  And to me that means Moviepass has done its job. I subscribed to the annual Moviepass plan, tried to use it last night (which failed, see article), so signed up for the Cinemark Movieclub, which lets me buy tickets online, and days in advance.
  - stuckinarut 8y ago
    I might sign up for the AMC one, or regal. mostly I like to see movies at Cinerama though. Just way way better.
ascorbic 8y ago
They've done this in the UK for at least a decade. The two biggest chains each have an unlimited subscription service. They're both £18 though, so a lot more than moviepass
794CD01 8y ago
I don't see how it makes sense to copy a strategy that loses money when someone else is already following that strategy and going broke due to all the money they're paying you.
- 15155 8y ago