Re:Can Uber ever make money?
by scarface74 on Saturday April 27, 2019 @05:01PM
(#19767599)
It didn’t work for Moviepass because they were trying to sell a subscription at a price that was less than one movie a month.
AMC is doing it quite successfully. The difference?
- they made a deal with the movie distributors to account for all shows to be sold for $8.99. AMC keeps 50-70%. Worse case, AMC pays $6.30 per movie. Movie Pass had to pay the full retail price.
- AMC has crazy margins on concessions. Add to that the theatres with bars and full restaurants.
AMC is doing it quite successfully. The difference?
- they made a deal with the movie distributors to account for all shows to be sold for $8.99. AMC keeps 50-70%. Worse case, AMC pays $6.30 per movie. Movie Pass had to pay the full retail price.
- AMC has crazy margins on concessions. Add to that the theatres with bars and full restaurants.
- They make money on pre movie advertising.