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+--- Thread: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? (/showthread.php?tid=232408)
Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - Blankity Blank - 09-18-2019
Stop me if you’ve heard this one before...
"I believe there is great unrealized value in MoviePass and we want to rebuild and make sure it reaches its full potential," [Former chairman and chief executive Ted] Farnsworth said. "I have always believed in the business model and the brand Mitch Lowe and I built at MoviePass. There's tremendous appetite for movie theater ticket subscription."
All it needs is the right touch.
Re: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - sekker - 09-18-2019
Blankity Blank wrote:
Stop me if you’ve heard this one before...
"I believe there is great unrealized value in MoviePass and we want to rebuild and make sure it reaches its full potential," [Former chairman and chief executive Ted] Farnsworth said. "I have always believed in the business model and the brand Mitch Lowe and I built at MoviePass. There's tremendous appetite for movie theater ticket subscription."
Durant built General Motors, was thrown out, built Chevrolet, was thrown out, died a pauper.
https://en.wikipedia.org/wiki/General_Motors
Bankers made a killing, however.
All it needs is the right touch.
Re: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - GGD - 09-18-2019
Blankity Blank wrote:
There's tremendous appetite for movie theater ticket subscription."
I never thought that demand was the problem with the whole business model.
Re: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - Carm - 09-19-2019
Cinemark has their own plan. $9.99 a month with reduced prices at the concession stand. No online convenience fee, and one movie ticket included a month, it rolls over to the next mont if you don’t use it. Also points for purchases, which you can redeem for tickets or concession bucks.
Re: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - Mike Sellers - 09-19-2019
They paid full price for the tickets they resold. Reminds me of the old SNL commercial for the Change Bank. "How do we make money? Volume."
Re: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - RAMd®d - 09-20-2019
Cinemark has their own plan. $9.99 a month with reduced prices at the concession stand. No online convenience fee, and one movie ticket included a month, it rolls over to the next mont if you don’t use it. Also points for purchases, which you can redeem for tickets or concession bucks.
Actually, that sounds like a pretty good deal.
Its been too long since I've taken in a weekday matinee, so I'll have to check the prices.
It doesn't seem that long ago I was paying around $6 or less for a non-summer block buster movie, no frills, and it was cheaper than the regular price with senior discount.
Re: Former MoviePass CEO is bouncing back and ready to apply his magic touch to... moviepass? - Speedy - 09-20-2019
Our $1 movie theater was bought up by the local full price chain which it then shut down.