Re:MoviePass keeps plan at $10, but limits subscribers to th...
by xref on Monday August 06, 2018 @11:49AM
(#17698666)
this seems to be the crux, everyone is saying how "this model is more sustainable" but as you pointed out, no, it absolutely isn't. without discounts from theaters moviepass can't survive and for the last year theaters have shown they don't need to offer those discounts.
Two negatives:
(1) its worse than what they've gotten existing customers used to, and
(2) if they weren't able to capture enough of the market with the old deal to bring theaters to the table, they certainly won't with the new deal, which is still unsustainable without that leverage.
They'll die more slowly this way, but it's not a route to a viable service.