MoviePass Owner Sued by Shareholders as Business Model Falters

Re:MoviePass Owner Sued by Shareholders as Business Model Fa... by jasonkester on Thursday August 16, 2018 @03:45AM (#17772711)

Any chance the theaters were being rational and it was in fact you who were mistaken? The idea of an app that makes people watch more movies does seem pretty far fetched the way you describe it.

A more logical conclusion would be that you either didn't sell your thing to them very well (as you haven't sold it to us) or that they, being in the movie business, saw something about it that you, being in the app business, didn't.

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Re:MoviePass Owner Sued by Shareholders as Business Model Fa... by phobosdeimos on Thursday August 16, 2018 @05:06AM (#17773130)

Its not far fetched because such apps actually exist and do everything he/she describes. https://play.google.com/store/apps/details?id=net.sharewire....

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Re:MoviePass Owner Sued by Shareholders as Business Model Fa... by Splyce on Thursday August 16, 2018 @08:30AM (#17774022)

I dont believe he was making the point the app wouldnt function or didnt exist but more that the claims being made about said app would hold true. From what i gathered is this guys app would not just increase movie goers attendance but increase it by $1 billion worth a year. Thats some really bold claims and I doubt any serious investor would pass up if there was any sort of data to back it up.

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Re:MoviePass Owner Sued by Shareholders as Business Model Fa... by xiaosun on Thursday August 16, 2018 @12:59PM (#17776426)

$1B is an ~8% increase in industry revenue. That doesn't feel extremely significant in terms of value added.

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