| Author | Message | ||
Andhrawala Legend Username: Andhrawala Post Number: 65773 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
vaadu icche amount maaranappudu why this?? Theatres can come to agreement with Moviepass and say ist valid from 2nd week on wards. INka kaavalantee no busy shows ki allow sesthaamu and give the tickets to Moviepass on concessional rate No Signature | ||
Sesani Legend Username: Sesani Post Number: 57196 Registered: 08-2014 Posted From: 108.171.131.170 Rating: N/A |
Not all AMC theaters... as of now only few theaters which are very popular... like AMC in times square etc.. | ||
Maharshi Hero Username: Maharshi Post Number: 12153 Registered: 02-2008 Posted From: 73.29.138.0 Rating: N/A |
*source ee na | ||
Maharshi Hero Username: Maharshi Post Number: 12152 Registered: 02-2008 Posted From: 73.29.138.0 Rating: N/A |
orini avunaaa... reliable source ee article . epapti nunchi cheyadu ani ...ninna kuda acept chesaadu mari if its true , chaala pedda debba for movie pass and users | ||
Diwakaram Junior Artist Username: Diwakaram Post Number: 2 Registered: 10-2017 Posted From: 173.72.0.240 Rating: N/A |
Not accepted only in some AMC theaters where the ticket prices are high. | ||
Bharat Side Hero Username: Bharat Post Number: 5136 Registered: 06-2015 Posted From: 149.168.240.7 Rating: N/A |
AMC predicted this exact scenario when MoviePass debuted its $10 plan. | ||
Andhrawala Legend Username: Andhrawala Post Number: 65772 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
MoviePass â @MoviePass We apologize for the inconvenience, but we no longer work with this theater. We hope to partner with them again. 1:15 PM - Jan 25, 2018 MoviePass has asked AMC to share a slice of its admission fees and/or concessions revenue, as it drives more foot traffic to AMC. âIâm 1,000% ready to do battle,â Ted Farnsworth, chief executive of MoviePassâs majority owner Helios & Matheson Analytics Inc. HMNY, -1.13% told MarketWatch. âHollywood is definitely paying attention to us, now we have to start pulling levers. We have to say to AMC, âlook you don't want to deal with us, fine, but weâre not going to keep giving you free moneyâ.ââ Read: How MoviePass plans to make money from its mor than 1 million subscribers MoviePass drove more than 1 million ticket sales to AMC theaters last month, compared with 10,000 sales last July, the month before it cut its monthly subscription to $10 from as much as $50, said Farnsworth. AMC was quick to rebuke the company after the price cut, saying the business model was unsustainable. AMC declined to comment for this article. MoviePass has been trying to bring AMC around for a while, Farnsworth said. The company has struck deals with close to 1,000 independent cinemas, in which it gets a roughly $3 cut on ticket sales and/or 25% of concessions sales. One problem facing MoviePass in its standoff with AMC is the decline in value to its customers. Some have already begun complaining on Twitter. âItâs automatically not as valuable of a service without AMC,â said B. Riley analyst Eric Wold. MoviePass is in a tough spot, he said. On one hand, the numbers are enough to support AMC and other theaters sharing revenue with MoviePass, but at the same time, why would they when they are getting the benefit of increased foot traffic for free. âIt would only take about a 15% to 20% cut for MoviePass to break even on those subscribers,â Wold said. Farnsworth is confident that MoviePass can ax AMC and still satisfy subscribers by promoting other theaters, such as Regal Entertainment Group Inc. and independents. MoviePass has tested its ability to do so, Farnsworth said. About 50% of the time members drive by closer theaters to go to one MoviePass has promoted via the app. AMC said on Twitter that it was blindsided by MoviePassâs move and that it had not heard from the company. Farnsworth said AMC has been ignoring MoviePass for a while and he has considered sending a letter to its board. No Signature |