MoviePass creator credits service's birth to Apple iPhone & mobile apps

So far it's been a great service. Some will comment that they'll sell your generalize viewing habits data. Big fucking deal. It's not like movie theaters don't know my viewing habits already. I paid less than $80 for an annual pass last year and it's more than paid for itself.

I know a lot of people with MoviePass, and it seems that many people with it, 1) are going to the movies more, and 2) more likely to get concessions since the movie "feels" free of charge. I'm slightly on the former, but not at all on the latter, but that's probably because I gave up soda in the past few months. Regardless of what I do, I do think there's an argument for MoviePass to get discount costs from the theater and even a small take of the concessions (as they've rumored to be pushing AMC to do) if the theater is benefiting from their existence. That said, I can potentially see a small drop in ticket price but I can't see taking a piece of the concessions ever happening.

Soli said:

So far it's been a great service. Some will comment that they'll sell your generalize viewing habits data. Big fucking deal. It's not like movie theaters don't know my viewing habits already. I paid less than $80 for an annual pass last year and it's more than paid for itself.

I know a lot of people with MoviePass, and it seems that many people with it, 1) are going to the movies more, and 2) more likely to get concessions since the movie "feels" free of charge. I'm slightly on the former, but not at all on the latter, but that's probably because I gave up soda in the past few months. Regardless of what I do, I do think there's an argument for MoviePass to get discount costs from the theater and even a small take of the concessions (as they've rumored to be pushing AMC to do) if the theater is benefiting from their existence. That said, I can potentially see a small drop in ticket price but I can't see taking a piece of the concessions ever happening.

The issue, I suspect, is that theaters benefit little from ticket sales at a film's first release, with the studios getting all or most of the initial take. How do theaters compensate studios when the tickets are discounted MoviePass? Are the theaters losing money and making it up on snacks and soda?

Soli said:

So far it's been a great service. Some will comment that they'll sell your generalize viewing habits data. Big fucking deal. It's not like movie theaters don't know my viewing habits already. I paid less than $80 for an annual pass last year and it's more than paid for itself.

I know a lot of people with MoviePass, and it seems that many people with it, 1) are going to the movies more, and 2) more likely to get concessions since the movie "feels" free of charge. I'm slightly on the former, but not at all on the latter, but that's probably because I gave up soda in the past few months. Regardless of what I do, I do think there's an argument for MoviePass to get discount costs from the theater and even a small take of the concessions (as they've rumored to be pushing AMC to do) if the theater is benefiting from their existence. That said, I can potentially see a small drop in ticket price but I can't see taking a piece of the concessions ever happening.

All I can see is them going out of business. Seems like Moviepass wants to drive up their subscription numbers enough so that if the service goes away it will tank the theater chains and try to use that as leverage for a deal. It may well cause them to tank, but supporting something that cheapens the cost of the experience that much would do even more to hurt them IMHO. Enjoy it while you can either way.

This companies stock sucks, the market drives it up and down all over the place since they can not figure how they will make money and if people will continue to go to actual movie theaters.

maestro64 said:

This companies stock sucks, the market drives it up and down all over the place since they can not figure how they will make money and if people will continue to go to actual movie theaters.

You know that was the biggest, bullshit scare when the TV was first invented, right? Would you say that movies dropped off after it was invented? What makes you think that no one will continue to watch movies in a theater in near future? I, personally, see no future where a functioning society will not want to see movies in the theater. While I could wait to see The Avengers: Infinity War at home, the cinema offers many benefits that won't soon be replicated well enough.