Re:MoviePass has changed people’s moviegoing habits
by imustbeevil on Sunday May 13, 2018 @07:25AM
(#17058381)
> On the off chance this one does work out, this will likely be a 100 bagger.
This company will likely go bankrupt. On the off chance it doesn't go bankrupt it will likely not increase in value 10,000%.
Movie theaters already have access to what movies people are seeing. They also have control over the ticket serving infrastructure. Moviepass literally exists because movie theaters don't want to waste their own money finding a profitable balance for subscriptions. So they'll let Moviepass burn 300 million validating the idea. Worst case scenario, it's a bad idea and movie theaters lose nothing, best case scenario its a good idea and they offer the service themselves.
This company will likely go bankrupt. On the off chance it doesn't go bankrupt it will likely not increase in value 10,000%.
Movie theaters already have access to what movies people are seeing. They also have control over the ticket serving infrastructure. Moviepass literally exists because movie theaters don't want to waste their own money finding a profitable balance for subscriptions. So they'll let Moviepass burn 300 million validating the idea. Worst case scenario, it's a bad idea and movie theaters lose nothing, best case scenario its a good idea and they offer the service themselves.