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Re:The Entire Economy Is MoviePass Now by reboog711 on Wednesday May 16, 2018 @09:43PM (#17088026)
As a Moviepass subscriber, they create a lot of value for me.

I can go to any movie I want at any local theater. That is a lot better than subscribing to five different plans, one for each theater.

Re:The Entire Economy Is MoviePass Now by jonknee on Wednesday May 16, 2018 @11:42PM (#17088546)
I'd counter that MoviePass is not creating any value for you, they're literally just paying for you. That's not anything special.
Re:The Entire Economy Is MoviePass Now by reboog711 on Friday May 18, 2018 @11:42AM (#17102352)
I disagree. They are saving me a ton of money. To me as a customer, that is a lot of value.

I sure hope that Moviepass and the theaters can figure out a way to make it work.

Re:The Entire Economy Is MoviePass Now by slg on Sunday May 20, 2018 @01:55PM (#17113949)
You are misunderstanding the point. We aren't saying that MoviePass doesn't provide value for customers. We are saying that MoviePass doesn't create any value for customers. They are not increasing supply. They are not increasing demand. They are not adding efficiency. They are simply paying for the money you save with capital from investors. Every dollar you save on a movie ticket is a dollar that MoviePass pays to the theater. That is great for quick growth but I can't think of a single successful business that works that way.
Re:The Entire Economy Is MoviePass Now by dingo_bat on Wednesday May 16, 2018 @10:45PM (#17088319)
Well you can just subscribe to the theater closest to you. Why would you want to go to the ones across town?
Re:The Entire Economy Is MoviePass Now by kelnos on Thursday May 17, 2018 @12:49AM (#17088803)
This may not be common outside urban areas, but I have theaters from 4 different chains all within a 40 minute walk, and I've visited them all within the last few months. If I were asked to pick just one to subscribe to, I'm not sure how I'd choose.
Re:The Entire Economy Is MoviePass Now by pas on Thursday May 17, 2018 @03:40AM (#17089518)
Why don't you buy the tickets online whe you want to go to the cinema? what do you get by subscribing? how much would it cost?
Re:The Entire Economy Is MoviePass Now by michaelt on Thursday May 17, 2018 @06:06AM (#17090061)
In the UK, several cinema chains offer subscriptions where, by buying an annual subscription, you can see as many films as you like. The fee is equivalent to somewhere between 2 and 4 movies per month.

If you're visiting the cinema very regularly, this saves money.

They can do this because they own the theatre, so when a subscription is used, it only costs them the _opportunity_ cost of one seat - which is very little, unless the showing is sold out, and they still make money on snacks. As MoviePass doesn't own the theatres, they pay the _retail_ price for every ticket a subscriber uses.

Re:The Entire Economy Is MoviePass Now by kbutler on Thursday May 17, 2018 @07:09PM (#17096981)
1) theaters pay a sliding percentage of the ticket to the distributor, as high as 90% in the first week(s) a film is out, dropping the longer the film has been in theaters. This means (unless the chain is cheating the distributor, which admittedly has happened for brief periods) that seat is a very real cost to the theater.

2) with reserved seating, I'm much less likely to buy a ticket if the showing is almost full, so those filled seats can reduce additional ticket sales.

Re:The Entire Economy Is MoviePass Now by reboog711 on Friday May 18, 2018 @11:44AM (#17102362)
I have 3 theaters within a 20 minute drive. I might choose one over the other because of movie availability and showtimes.
Re:The Entire Economy Is MoviePass Now by rhizome on Thursday May 17, 2018 @07:13AM (#17090323)
Different movies.