MoviePass is Back. But Is It Better Than Ever?
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 31 August 2022
⏱️ 6 minutes
🧾️ Download transcript
Summary
Today is Wednesday, August 31, and we're looking at MoviePass vs. AMC Theatres.
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Transcript
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| 1:05.6 | Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Wednesday, |
| 1:09.9 | the last day of August. |
| 1:12.1 | A few years back or once promising company faced such a meteoric downfall that, well, it could have been a movie. |
| 1:19.6 | The company was Movie Pass. |
| 1:21.3 | Movie Pass, as you may remember, let users pay a flat rate between 40 and 50 bucks a month to watch unlimited movies in theaters. |
| 1:28.7 | The company would buy tickets at retail price, and the hope was that once membership |
| 1:32.8 | grew, major cinema chains would give MoviePass discounts or a cut of concession stand revenue. |
| 1:38.2 | But, well, that never happened. |
| 1:40.8 | Instead, MoviePass did something widely regarded in the industry is a bit crazy. It lowered |
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