What exactly happens the entertainment industry when MoviePass fails? When Netflix stop deciding to lose colossal sums of money each year and their competitors get to scale back as a result? When a large number of people don't have enough disposable money to justify paying $10 a month on Patreon to a podcast they can get for free?
I do feel like the free movie ticket business in general is a bit of a mad bubble that's gonna burst in a big way. A huge number of people currently going to the cinema seem to be going on things like this instead of directly paying the huge ticket prices themselves. I get free tickets weekly from my health insurance to a cinema that shows stuff I'd never dream of paying to see, you'd have to imagine the chain and distributor are getting some reasonable kind of kickback from each time I go though.
It's not really all straight forward though. Whilst it's true that it's cheaper to get a MoviePass for a month than to buy 2 tickets in that month I can't remember the last time I paid full price for a movie ticket anyway. The cinema industry is basically a chaotic experiment in price discrimination. The most successful Cinema is the one that can get the 50 people willing to pay full price to pay it whilst also giving heavy discounts to the other 200 people to make sure the cinema is full.
I do feel like the free movie ticket business in general is a bit of a mad bubble that's gonna burst in a big way. A huge number of people currently going to the cinema seem to be going on things like this instead of directly paying the huge ticket prices themselves. I get free tickets weekly from my health insurance to a cinema that shows stuff I'd never dream of paying to see, you'd have to imagine the chain and distributor are getting some reasonable kind of kickback from each time I go though.