LogFAQs > #905959842

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TopicMoviePass Ran Out Of Money, Couldn't Afford To Buy Tickets For Its Users
Anarchy_Juiblex
07/30/18 9:47:04 AM
#7:


CableZL posted...
Anarchy_Juiblex posted...
How was this business model ever thought profitable?
Did they just assume people would sign up and not use it?


That's what I've been wondering. Going to see a movie every day or even multiple times per week/month was a seemingly obvious exploit that would cost them a ton of money.


You don't even have to go every day, don't you put them in the red with 3 visits or something? A few times a month is doable . . . did they forget the gold age of cinema and how often people would go?

it was never profitable, the plan was to run at a loss until they could get theaters to give a discounted rate


All theaters would have to do is say no until the company dies. There's no leverage there. Even if all customers were getting their tickets through movie pass there's literally no incentive to lower the price. Movie pass can't do anything to pressure them into a discount.
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