EricSchulz
Senior HTF Member
- Joined
- Jan 6, 2004
- Messages
- 5,603
I think the theater chains will kill Moviepass when they have the chance to. For those unfamiliar with the details behind the $10/month unlimited theatrical viewing service, right now, Moviepass is using investors money to pay the full price of tickets when you go. Their plan is do this for a couple years, lose a ton of money, and then convince theaters to subsidize them and take the loss or threaten that their customers will never pay for a movie again. It's essentially blackmail. And I can't imagine that the theaters will give in. Even if it wound up being good for them in the long run, the service is being so antagonistic, and frankly, is so undervaluing what a ticket needs to be priced at for the industry to survive, that they won't be able to support it.
I know you hate MoviePass but, why do you keep posting stuff like this without linking to anything that supports your theory? I've read a number of interviews with the CEO where he has stated that there plan, when the investor money runs out, is to sell the data that there app collects from you. This is why a data mining firm owns a majority stake in MP. There is huge money in selling data so I could see it working but, I can also see it failing big time. I also wouldn't be surprised if what you say happens, I just haven't seen any evidence of it so far, yet you talk as if it is a fact.
So, you are against services like MP and against higher prices. What would you like to see happen because one thing is for sure, change is coming whether we like it or not?
I agree with the the rest of your post, that this is the beginning of skyrocketing prices for franchise blockbusters. I know these "fan events" are selling out for now but, people will stop going if every blockbuster is $30-40. If Regal really does lower the price for smaller films or "flops", I still don't think people will go. I think in this day and age they'd rather wait for those films to show up in Netflix, Hulu or cheap iTunes rentals.
Eric, sadly, I agree. I think they'll use this to boost the ticket price for opening weekend of Star Wars, not to lower the price of Wednesday night art house titles.
A) "Last Jedi" tickets already on sale
B) "Regal is reportedly set to begin testing the model in early 2018"...
The only way this plan works is if the other major chains adopt it as well.
Otherwise people would just flock to AMC or other chains for the "expensive movies"...
I would guess that the reason Regal announced this so far ahead of time was:I suspect once one theater chain starts trying it, all of the chains will.
Netflix didn't kill DVD extras. Streaming and customers killed DVD extras.