Netflix Co-Founder’s Crazy Plan: Pay $10 a Month, Go to the Movies All You Want

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Nyarlathotep
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Re: Netflix Co-Founder’s Crazy Plan: Pay $10 a Month, Go to the Movies All You Want

Post by Nyarlathotep » Sun Sep 15, 2019 3:53 pm

Anaxagoras wrote:
Sun Sep 15, 2019 10:18 am
They underpriced it maybe?

I've been reading that Uber doesn't really make a profit either. Seems like a nice idea, but the costs are actually higher than what they charge for the service.

I think they way underpriced it. I would have been willing to pay twice as much for the service and still felt I was getting a bargain.

What surprises me is that individual chains haven't introduced such plans, where you pay $X/month to come see unlimited movie at one of their theaters. The real money at the movie theater is made at the concession stand and I was always willing to buy more there when I wasn't buying a ticket. I know one chain near me has done something similar, but it's the only one I know of.
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gnome
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Re: Netflix Co-Founder’s Crazy Plan: Pay $10 a Month, Go to the Movies All You Want

Post by gnome » Sun Sep 15, 2019 6:40 pm

Nyarlathotep wrote:
Sun Sep 15, 2019 3:50 pm
Rob Lister wrote:
Sun Sep 15, 2019 10:08 am
And ... there're done.
Dear Remaining MoviePass Subscribers: Bad News
Service is shut down as of Saturday, with company 'unable to predict if or when' it will return
https://www.newser.com/story/280418/dea ... -news.html

Bottom line? Folks like Nyarl went to 10 movies a day, every day.
This doesn't surprise me. It had gone to shit where it had so many restrictions on it that it was damned near unusable a year ago. I am surprised it lasted this long.
Random hunch--the company gets looted before paying off creditors. Something sniffs of fraud in this. Get a lot of subscription bucks and stick it in a bug-out-bag. Pay expenses with debt for a while, then drop everything and run off with the bag.
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