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AMC and Cinemark would have negotiated if the moat was properly fortified is my thesis. They didn't have enough runway to determine the feasibility. Anyone cou
by JMTQp8lwXL 5y ago
AMC and Cinemark would have negotiated if the moat was properly fortified is my thesis. They didn't have enough runway to determine the feasibility.
Anyone could've looked at MoviePass' public filings and determined they would be no problem to AMC.
What if Uber and Lyft didn't subsidize ridesharing for years? Yellow cab service would still be the market leader today.
- jermaustin1 5y ago> What if Uber and Lyft didn't subsidize ridesharing for years? That is different. Uber and Lyft were paying drivers to drive. MoviePass was giving people basically free tickets, but paying FULL FARE at AMC and Cinemark. AMC and Cinemark have no reason to negotiate because what would happen if MoviePass stopped giving away tickets to AMC and Cinemark? Users would leave MoviePass and continue going to AMC and Cinemark at full price.
- listenallyall 5y agoNot at nearly the same volume.
- slg 5y agoUber and Lyft created new supply by attracting new drivers to the market. MoviePass was not creating any new supply or any value at all. It simply inserted itself as a middleman between theaters and consumers and pulled in subscribers by literally paying for their movie tickets with VC funding.