Perhaps the buzziest money-loser of the year is MoviePass, which has upended the film industry by essentially giving away millions of free movie tickets. Until recently, MoviePass members could pay $9.95 for a monthly subscription that allowed them to watch up to one movie per day in theaters, with MoviePass paying the face value of the ticket on a preloaded debit card. Since the average cost of a movie ticket in the United States is around $9, going to just two movies per month resulted in a good deal for the customer, and a loss for the company. (MoviePass has started placing more restrictions on which films its customers can see, perhaps in an effort to trim costs.)

MoviePass’s business model — which Slate described as “creatively lighting money aflame in order to subsidize the movie-going habits of some 3 million customers” — has turbocharged its growth. And the company maintains that it can make money by striking revenue-sharing deals with theater chains, or charging movie studios to advertise inside its app.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36064261)

LMFAO

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36064283)

but if you already watch more than 1 movie/mo, no downside

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36064411)

There are some theaters where MoviePass doesn't work, but they are a small minority. You can see whatever movies you want, but you can't see a movie twice, and you can't see certain premium charge movies (3D, IMAX, Dolby Super Mega Rumbly Seats).

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36064482)

how are investors so dumb, seriously

and why am i not starting a company like this

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36064514)

pretty funny that they applied the gym model to a pleasurable activity. people stop working out because it's work

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36064572)

Unless you're a bumbling moron, you wouldn't have missed the post-purchase photo prompt. It's pretty clear.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36065339)

Edit: You must have been being sarcastic. But people post dumb shit like that on xo

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36065869)

I use my moviepass and buy a ticket and get my Stubz points and then I just leave the theatre. No need to watch.

I walk past an AMC on the way to work so I do it once a day. Pretty much "seen" every movie so far and in NYC it's $20 per show. Pretty much running up $200 in tickets per month and I got in on the sweet $7.99 a month offer from a few months ago.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36065523)

2. 90% of my points are used for FOOD and DRINKS. i can cop free delicious pizzas and chicken nuggets w/ curly fries

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36067662)

There is something about Irish/American/Jewish/Black/Latino culture that just fucking loses its mind when something is "unlimited." So prole. Take a cue from WASPS and Scandinavians for fuck's sake.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36065887)

First you brag about seeing 15 movies a month using your subscription, then criticize Americans for trying to take advantage of their unlimited subscriptions?

Besides that, people only need to go to the movies 2 or 3 times a month for this to be a losing proposition for the company. That's hardly gaming the system.

You seem retarded.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36065998)

Shares in Helios have plummeted 93% since the end of January. Since May 7, they are down 68%, closing Wednesday at 68 cents.

LMFAO

MoviePass pays theaters full price for every movie ticket its members order, meaning that its core business is designed to operate at a loss. The company’s plan, executives have said, is to take advantage of a user base that has grown nearly 150-fold in nine months to sell advertisements and to persuade theaters to give them a cut of revenue.

Despite some successes, including email ads for the comedy remake “Overboard” and deals with small cinema chains, MoviePass lost $98.3 million on $48.6 million of revenue in the quarter ended March 31, Helios reported late Tuesday. In a regulatory filing last week, Helios, which generates more than 98% of its revenue from MoviePass, said it had only $15.5 million cash and $27.9 million of accounts receivable.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36066432)

the movie theatre industry has consolidated to literally 2 players nationwide. that's why this is a shitty model.

(http://www.autoadmit.com/thread.php?thread_id=3978555&forum_id=2#36067674)