Re:MoviePass is changing the value of the movie theater expe...
by vonseel on Friday December 15, 2017 @08:19PM
(#15936745)
I imagine theaters see more bodies == more filled seats == more revenue $. That seems to hold true especially given that Moviepass pays regular-price for tickets.
Moviepass’ success is dependent on the same thing as any subscription model like this. Article author seems unable to recognize that he is a top 1% (maybe even rarer) user of Moviepass and the majority of subscribers will see 1 or sometimes fewer movies per month.
Re:MoviePass is changing the value of the movie theater expe...
by dawnerd on Friday December 15, 2017 @07:51PM
(#15936622)
Cinemark announced theirs the other day. 10 bucks a month but you only get one movie and some discounts. Not a great deal but that’s the only way I can see it being sustainable long term.
Re:MoviePass is changing the value of the movie theater expe...
by anilshanbhag on Friday December 15, 2017 @07:53PM
(#15936636)
That is not true. Star wars is an exception and the cut percentage increased by 1%. The real reason is the dropping viewership. Number of tickets sold peaked in 2012. Beyond that the number of movie tickets sold dropped, however number of locations is up and salaries have gone up. To compensate for it, movie ticket prices need to go up.
Re:MoviePass is changing the value of the movie theater expe...
by DKnoll on Friday December 15, 2017 @08:00PM
(#15936668)
Yes, it increased by 1% from 'The Force Awakens', which was last year (edit: 2 years ago, time flies) and also obscenely high. Don't say my statement is 'not true' then confirm it in the next sentence.
> because theaters have all decided on a ticket price customers must pay for the premium of that big screen and sound system.
Not really, no. Studios are the ones driving up movie prices since they keep demanding a bigger and bigger cut. The new Star Wars film for example has the highest royalty of any movie ever released.