MoviePass-Too good to be true, but it's legit.

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Que1999
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Re: MoviePass-Too good to be true, but it's legit.

Post by Que1999 » Fri Nov 17, 2017 5:19 am

I think MoviePass has a huge opportunity to shake up the theater industry, and I think that's what they're trying to do with this new aggressive pricing. I think while everyone else is saying how can MoviePass sustain this price point, MoviePass is saying lets get our subscriber base as large as possible so the theater industry has no choice but to listen to us. They're already over 600k subscribers and quickly rising, and from what I hear big data is extremely valuable to these corporations... Theater attendance is dropping and for good reason... The prices are out of control(tickets around us are $15-$20 a pop), and with the 4k TVs + amazing home theater experiences we have in our homes these days, why spend all that money out when you can stream something in 4k for free at home? There is no shortage of articles online about many smaller independent theaters who absolutely love MoviePass because 1) Their attendance has increased(MoviePass pays the ticket price in full), and 2) Concession sales have increased. Once MoviePass gets big enough, I believe they will turn to the theaters and say, "Ok, we have increased your attendance by X. We have increased your concession sales by X. We would like a discount on ticket purchase prices or to receive a cut of the profit, as well as a cut on some of your concession sales. If you don't want to participate in the MoviePass program we will remove you from the program, which will then lead our customers to attend theaters that participate." The only reason they received pushback and threats of legal intervention from AMC is because AMC was looking to start it's own subscription service, but rumor was the price point was much higher then the MoviePass price point... Plus why participate in only AMC theaters when you could participate in over 91% of ALL theaters with MoviePass? So that entire plan is dead in the water now for AMC.

I think MoviePass could turn out to be a really big deal if they play their cards right..

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munemaker
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Re: MoviePass-Too good to be true, but it's legit.

Post by munemaker » Fri Nov 17, 2017 7:41 am

Que1999 wrote:
Fri Nov 17, 2017 5:19 am
I think MoviePass has a huge opportunity to shake up the theater industry
If someone really wants to shake up the theater industry, they need to come out with a "Popcorn Pass."

Gufomel
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Re: MoviePass-Too good to be true, but it's legit.

Post by Gufomel » Fri Nov 17, 2017 8:05 am

If you offered to pay me $10/month but I had to go watch at least 1 movie in a movie theater per month, I'd probably pass. :D

stoptothink
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Re: MoviePass-Too good to be true, but it's legit.

Post by stoptothink » Fri Nov 17, 2017 9:06 am

Gufomel wrote:
Fri Nov 17, 2017 8:05 am
If you offered to pay me $10/month but I had to go watch at least 1 movie in a movie theater per month, I'd probably pass. :D
+1. I really dislike the experience. We might go once a year. That once a year was Tuesday, as part of our anniversary. Wife wanted to see Thor. Movie was OK, the very obese man sitting next to me, who spent the entire movie on his phone and spilled his candy on me was not.

FWIW, we left work early and hit up a 3:55pm showing (on a Tuesday), and that theater was absolutely packed. I understand that the industry is struggling as a whole, but if my friends, family, and colleagues are any indication, I don't understand how. Seems everybody I know goes at least once a week. I would bet my brother and a few of my friends spend more monthly going to see movies than I do to feed my family of four.

Teague
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Re: MoviePass-Too good to be true, but it's legit.

Post by Teague » Fri Nov 17, 2017 9:22 am

Rondo wrote:
Fri Nov 17, 2017 12:43 am
How silly. You can buy a ticket at the window early in the day and stay in the theater all day/night and watch as many movies as you want. At some theaters the popcorn refills are free too! :)
Well, dang, now you've done let the secret out. I've been living here in the Cineopolis since the housing meltdown of '08. By now I know the name of most everyone in Hollywood from executive producer to third assistant gaffers' coffee boy. Living on popcorn and half-eaten hot dogs gets a little old, true, but Fridays at midnight I can stock up a week's worth of toast and other goodies - that's Rocky Horror Picture Show night.

I'm thinking about starting a blog about how to do this, but what shall I call it?

"Mr. Movie Moocher," maybe?
Semper Augustus

Gufomel
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Re: MoviePass-Too good to be true, but it's legit.

Post by Gufomel » Fri Nov 17, 2017 9:58 am

stoptothink wrote:
Fri Nov 17, 2017 9:06 am
Gufomel wrote:
Fri Nov 17, 2017 8:05 am
If you offered to pay me $10/month but I had to go watch at least 1 movie in a movie theater per month, I'd probably pass. :D
+1. I really dislike the experience. We might go once a year. That once a year was Tuesday, as part of our anniversary. Wife wanted to see Thor. Movie was OK, the very obese man sitting next to me, who spent the entire movie on his phone and spilled his candy on me was not.

FWIW, we left work early and hit up a 3:55pm showing (on a Tuesday), and that theater was absolutely packed. I understand that the industry is struggling as a whole, but if my friends, family, and colleagues are any indication, I don't understand how. Seems everybody I know goes at least once a week. I would bet my brother and a few of my friends spend more monthly going to see movies than I do to feed my family of four.
I think you were sitting next to this guy :D
How silly. You can buy a ticket at the window early in the day and stay in the theater all day/night and watch as many movies as you want. At some theaters the popcorn refills are free too! :)

randomguy
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Re: MoviePass-Too good to be true, but it's legit.

Post by randomguy » Fri Nov 17, 2017 10:14 am

Que1999 wrote:
Fri Nov 17, 2017 5:19 am
I think MoviePass has a huge opportunity to shake up the theater industry, and I think that's what they're trying to do with this new aggressive pricing. I There is no shortage of articles online about many smaller independent theaters who absolutely love MoviePass because 1) Their attendance has increased(MoviePass pays the ticket price in full), and 2) Concession sales have increased. Once MoviePass gets big enough, I believe they will turn to the theaters and say, "Ok, we have increased your attendance by X. We have increased your concession sales by X. We would like a discount on ticket purchase prices or to receive a cut of the profit, as well as a cut on some of your concession sales. If you don't want to participate in the MoviePass program we will remove you from the program, which will then lead our customers to attend theaters that participate." .
That is the plan. The question will it work. What happens when MoviePass drops AMC, Regal, and the rest of the big chains. Do the customers stay or do they flee as they can no longer watch the movies they want when they want. Or a bigger questions lets say you agree to sell tickets to MoviePass for 1 dollar. Can you still stay in bussiness. If you have to pay the movie company 5 dollars/ticket and it costs you 5 to keep the theater ope, can you stay open on 1 dollar/ticket and 7 bucks from popcorn sales (i..e. remember not everyone buys that stuff.).

Obviously nobody knows the answers to how this will turn out. I can't think of many companies that have pulled off this trick. As a consumer I would be fine risking 100 bucks on it. As an investor, I wouldn't touch it.

Gufomel
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Re: MoviePass-Too good to be true, but it's legit.

Post by Gufomel » Fri Nov 17, 2017 10:24 am

Really though, how many people go (or want to go) to more than 12 movies a year in a theater? That's assuming this subscription price stays at $10/month. I would be surprised if it doesn't ultimately settle at around $15 or $20/month in the long-term for this subscription, in which case you're talking about 18-24 movies per year.

As I expressed above, I don't particularly enjoy going to movies except for the occasional big movie or date night with the spouse. So I'm obviously not the target audience. Obviously there's the movie enthusiasts who want to see any and every movie. I just don't see how there's enough people on the scale between me and movie enthusiasts who are willing to commit to seeing somewhere between 12 to 24 movies in theater per year just to break even with this subscription.

Obviously you have the gym membership model as already mentioned earlier where people think it sounds like a good deal, so they sign up and don't cancel for 3 years while only going to see 10 movies in that time frame. Not everyone (or I should say, very few, are Boglehead-minded). But that aside, are there really a significant number of people who see 12 to 24 movies a year in theater? That's mind-boggling to me if so.

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Que1999
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Re: MoviePass-Too good to be true, but it's legit.

Post by Que1999 » Fri Nov 17, 2017 10:32 am

Gufomel wrote:
Fri Nov 17, 2017 10:24 am
Really though, how many people go (or want to go) to more than 12 movies a year in a theater? That's assuming the price stays at $10/month. I would be surprised if it doesn't ultimately settle at around $15 or $20/month in the long-term for this subscription, in which case you're talking about 18-24 movies per year.

As I expressed above, I don't particularly enjoy going to movies except for the occasional big movie or date night with the spouse. So I'm obviously not the target audience. Obviously there's the movie enthusiasts who want to see any and every movie. I just don't see how there's enough people on the scale between me and movie enthusiasts who are willing to commit to seeing somewhere between 12 to 24 movies in theater per year just to break even with this subscription.

Obviously you have the gym membership model as already mentioned earlier where people think it sounds like a good idea, so they sign up and don't cancel for 3 years. Not everyone (or I should say, very few, are Boglehead-minded). But that aside, are there really a significant number of people who see 12 to 24 movies a year in theater? That's mind-boggling to me if so.
Tickets in my area run $15-$20 each. Average out to $17.50 per ticket and I'm getting my $90 for the first year on 5 movies. Myself and wife enjoy going out to the movies, but it was getting a bit too costly so we slowed down big time. There's also a couple really nice independent theaters with great non-mainstream movies we enjoy... We will definitely get our moneys worth out of a subscription.

randomguy
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Re: MoviePass-Too good to be true, but it's legit.

Post by randomguy » Fri Nov 17, 2017 10:47 am

Gufomel wrote:
Fri Nov 17, 2017 10:24 am
Really though, how many people go (or want to go) to more than 12 movies a year in a theater? That's assuming this subscription price stays at $10/month. I would be surprised if it doesn't ultimately settle at around $15 or $20/month in the long-term for this subscription, in which case you're talking about 18-24 movies per year.

As I expressed above, I don't particularly enjoy going to movies except for the occasional big movie or date night with the spouse. So I'm obviously not the target audience. Obviously there's the movie enthusiasts who want to see any and every movie. I just don't see how there's enough people on the scale between me and movie enthusiasts who are willing to commit to seeing somewhere between 12 to 24 movies in theater per year just to break even with this subscription.

Obviously you have the gym membership model as already mentioned earlier where people think it sounds like a good deal, so they sign up and don't cancel for 3 years while only going to see 10 movies in that time frame. Not everyone (or I should say, very few, are Boglehead-minded). But that aside, are there really a significant number of people who see 12 to 24 movies a year in theater? That's mind-boggling to me if so.
The price was like 50 dollars and they couldn't get enough subscribers. Yes some people will buy it and not use it. But there are tons of people who watch multiple movies per month. You just aren't in that demographic anymore.

Gufomel
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Re: MoviePass-Too good to be true, but it's legit.

Post by Gufomel » Fri Nov 17, 2017 11:11 am

Que1999 wrote:
Fri Nov 17, 2017 10:32 am
Gufomel wrote:
Fri Nov 17, 2017 10:24 am
Really though, how many people go (or want to go) to more than 12 movies a year in a theater? That's assuming the price stays at $10/month. I would be surprised if it doesn't ultimately settle at around $15 or $20/month in the long-term for this subscription, in which case you're talking about 18-24 movies per year.

As I expressed above, I don't particularly enjoy going to movies except for the occasional big movie or date night with the spouse. So I'm obviously not the target audience. Obviously there's the movie enthusiasts who want to see any and every movie. I just don't see how there's enough people on the scale between me and movie enthusiasts who are willing to commit to seeing somewhere between 12 to 24 movies in theater per year just to break even with this subscription.

Obviously you have the gym membership model as already mentioned earlier where people think it sounds like a good idea, so they sign up and don't cancel for 3 years. Not everyone (or I should say, very few, are Boglehead-minded). But that aside, are there really a significant number of people who see 12 to 24 movies a year in theater? That's mind-boggling to me if so.
Tickets in my area run $15-$20 each. Average out to $17.50 per ticket and I'm getting my $90 for the first year on 5 movies. Myself and wife enjoy going out to the movies, but it was getting a bit too costly so we slowed down big time. There's also a couple really nice independent theaters with great non-mainstream movies we enjoy... We will definitely get our moneys worth out of a subscription.
2D movies at the Cinemark in my area are $8-9 in the afternoon and $10-11 in the evening. $15-20 per ticket would certainly change the equation.

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HomerJ
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Re: MoviePass-Too good to be true, but it's legit.

Post by HomerJ » Fri Nov 17, 2017 11:16 am

randomguy wrote:
Mon Nov 13, 2017 4:51 pm
engineer1969 wrote:
Tue Oct 31, 2017 7:28 am


I have no idea what a production company or studio would be willing to pay for their information, but I know they are willing to pay millions for 30 secs of air time on television.
5 million for a 30s superbowl ad seen by 100 million people
100 million people *10/ticket is 1 billion dollars
I'd be interested to know how many people actually decide to see that movie because of that ad that would not have seen it anyway. Trouble is, there's no good way to judge this.

At $5 million per superbowl ad, they would need more than 500,000 people to go see the movie that weren't planning on it before.

My guess is they are throwing money away.

Slacker
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Re: MoviePass-Too good to be true, but it's legit.

Post by Slacker » Fri Nov 17, 2017 11:53 am

munemaker wrote:
Fri Nov 17, 2017 7:41 am
Que1999 wrote:
Fri Nov 17, 2017 5:19 am
I think MoviePass has a huge opportunity to shake up the theater industry
If someone really wants to shake up the theater industry, they need to come out with a "Popcorn Pass."
Several theaters already offer that in and around the Phoenix metro area - I'd imaging there are similar things in other metros.

Slacker
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Re: MoviePass-Too good to be true, but it's legit.

Post by Slacker » Fri Nov 17, 2017 11:56 am

stoptothink wrote:
Fri Nov 17, 2017 9:06 am
Gufomel wrote:
Fri Nov 17, 2017 8:05 am
If you offered to pay me $10/month but I had to go watch at least 1 movie in a movie theater per month, I'd probably pass. :D
+1. I really dislike the experience. We might go once a year. That once a year was Tuesday, as part of our anniversary. Wife wanted to see Thor. Movie was OK, the very obese man sitting next to me, who spent the entire movie on his phone and spilled his candy on me was not.

FWIW, we left work early and hit up a 3:55pm showing (on a Tuesday), and that theater was absolutely packed. I understand that the industry is struggling as a whole, but if my friends, family, and colleagues are any indication, I don't understand how. Seems everybody I know goes at least once a week. I would bet my brother and a few of my friends spend more monthly going to see movies than I do to feed my family of four.
Sounds like a horrible experience. I was tentative about going to "opening night" for movies the past couple weeks, but find my area to have normal audiences with everybody mostly just there to enjoy the movie.

Now when I was in Seattle (particularly the Eastside) the experience was nearly as horrible as you describe. Someone kicking my chair and I look back expecting a young kid such that I'd be asking the parents to control their child, but instead it is the mother kicking my chair - she was mad that I picked the seat in front of her that she wanted to put her feet up on and started yelling about how she was in her seat first so I need to move out of her foot rest and I told her one more time and I'll have the managers ban you from the theater.

mhop
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Re: MoviePass-Too good to be true, but it's legit.

Post by mhop » Fri Nov 17, 2017 11:57 am

Nothing stops AMC and other theaters from implementing a similar plan subsidized by the selling of data. In fact, theaters have the ability to offer more consumer friendly plans than MoviePass (no physical presence requirement when booking tickets, book in advance, concessions add-on). I don't see this working long term for MoviePass.

Slacker
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Re: MoviePass-Too good to be true, but it's legit.

Post by Slacker » Fri Nov 17, 2017 12:02 pm

Gufomel wrote:
Fri Nov 17, 2017 10:24 am
Really though, how many people go (or want to go) to more than 12 movies a year in a theater? That's assuming this subscription price stays at $10/month. I would be surprised if it doesn't ultimately settle at around $15 or $20/month in the long-term for this subscription, in which case you're talking about 18-24 movies per year.

As I expressed above, I don't particularly enjoy going to movies except for the occasional big movie or date night with the spouse. So I'm obviously not the target audience. Obviously there's the movie enthusiasts who want to see any and every movie. I just don't see how there's enough people on the scale between me and movie enthusiasts who are willing to commit to seeing somewhere between 12 to 24 movies in theater per year just to break even with this subscription.

Obviously you have the gym membership model as already mentioned earlier where people think it sounds like a good deal, so they sign up and don't cancel for 3 years while only going to see 10 movies in that time frame. Not everyone (or I should say, very few, are Boglehead-minded). But that aside, are there really a significant number of people who see 12 to 24 movies a year in theater? That's mind-boggling to me if so.
You can't see how people go to that many movies in a year because you are not interested in it. You are injecting your personal incredulity to affect your assessment of the viability. Apparently, 600,000 people currently believe they find value in it.

I could say the same thing about first class plane tickets - how ridiculous is it to throw away as much money on a flight as you would spend at your destination to just get from point A to point B? Who buys these things - such a waste, no one would ever fly first class but fools!!!! See how when I don't desire first class tickets on planes I then inject my personal incredulity into it and then assume that clearly no one would ever want first class. However, I would clearly be wrong as first class tickets do sell...and some bogleheads, for example, do talk about flying first class.

Gufomel
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Re: MoviePass-Too good to be true, but it's legit.

Post by Gufomel » Fri Nov 17, 2017 12:15 pm

Slacker wrote:
Fri Nov 17, 2017 12:02 pm
Gufomel wrote:
Fri Nov 17, 2017 10:24 am
Really though, how many people go (or want to go) to more than 12 movies a year in a theater? That's assuming this subscription price stays at $10/month. I would be surprised if it doesn't ultimately settle at around $15 or $20/month in the long-term for this subscription, in which case you're talking about 18-24 movies per year.

As I expressed above, I don't particularly enjoy going to movies except for the occasional big movie or date night with the spouse. So I'm obviously not the target audience. Obviously there's the movie enthusiasts who want to see any and every movie. I just don't see how there's enough people on the scale between me and movie enthusiasts who are willing to commit to seeing somewhere between 12 to 24 movies in theater per year just to break even with this subscription.

Obviously you have the gym membership model as already mentioned earlier where people think it sounds like a good deal, so they sign up and don't cancel for 3 years while only going to see 10 movies in that time frame. Not everyone (or I should say, very few, are Boglehead-minded). But that aside, are there really a significant number of people who see 12 to 24 movies a year in theater? That's mind-boggling to me if so.
You can't see how people go to that many movies in a year because you are not interested in it. You are injecting your personal incredulity to affect your assessment of the viability. Apparently, 600,000 people currently believe they find value in it.

I could say the same thing about first class plane tickets - how ridiculous is it to throw away as much money on a flight as you would spend at your destination to just get from point A to point B? Who buys these things - such a waste, no one would ever fly first class but fools!!!! See how when I don't desire first class tickets on planes I then inject my personal incredulity into it and then assume that clearly no one would ever want first class. However, I would clearly be wrong as first class tickets do sell...and some bogleheads, for example, do talk about flying first class.
Certainly my personal experience is mostly what I have to go based off of for this. I was not aware that a lot of people go to 12 to 24 movies per year, thus the reason for my question. If there's enough people who do that, then it could be viable.

tj
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Re: MoviePass-Too good to be true, but it's legit.

Post by tj » Fri Nov 17, 2017 1:05 pm

Slacker wrote:
Fri Nov 17, 2017 11:53 am
munemaker wrote:
Fri Nov 17, 2017 7:41 am
Que1999 wrote:
Fri Nov 17, 2017 5:19 am
I think MoviePass has a huge opportunity to shake up the theater industry
If someone really wants to shake up the theater industry, they need to come out with a "Popcorn Pass."
Several theaters already offer that in and around the Phoenix metro area - I'd imaging there are similar things in other metros.
Who is offering this? I assume not Harkins?

malabargold
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Re: MoviePass-Too good to be true, but it's legit.

Post by malabargold » Fri Nov 17, 2017 4:06 pm

MoviePass is now $6.95/month IF one pays for a year upfront.

Clearly they are desperate to slow the cash burn, but this of course is only a temporizing measure.

travellight
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Re: MoviePass-Too good to be true, but it's legit.

Post by travellight » Fri Nov 17, 2017 6:05 pm

I signed up for it. I have already seen 4 movies since I started this on 10/24. Also, movie season is coming up with the Oscar contenders being released. I only have to see 6 movies to break even so that means 2 more movies in the next year. I plan to enjoy this while it lasts.

malabargold
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Re: MoviePass-Too good to be true, but it's legit.

Post by malabargold » Fri Nov 17, 2017 6:23 pm

I re-signed for the $6.99/month plan myself -

But we plan to see a lot of movies in the next 2 months
because the glide path does not look encouraging

Slacker
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Re: MoviePass-Too good to be true, but it's legit.

Post by Slacker » Fri Nov 17, 2017 6:44 pm

tj wrote:
Fri Nov 17, 2017 1:05 pm
Slacker wrote:
Fri Nov 17, 2017 11:53 am
munemaker wrote:
Fri Nov 17, 2017 7:41 am
Que1999 wrote:
Fri Nov 17, 2017 5:19 am
I think MoviePass has a huge opportunity to shake up the theater industry
If someone really wants to shake up the theater industry, they need to come out with a "Popcorn Pass."
Several theaters already offer that in and around the Phoenix metro area - I'd imaging there are similar things in other metros.
Who is offering this? I assume not Harkins?
Harkins "Loyalty Shirt". $25 T-shirt: Wear the shirt to the theater and when you purchase a movie ticket you get a free medium popcorn.
Harkins "Loyalty Cup". $5.25 Cup: $1.50 refills of soda when you bring your loyalty cup in.
Ultrastar "Popcorn Pass". $20 Passcard: Free regular sized popcorn 1 time per day.

fh2000
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Re: MoviePass-Too good to be true, but it's legit.

Post by fh2000 » Sat Nov 18, 2017 8:29 pm

malabargold wrote:
Fri Nov 17, 2017 6:23 pm
I re-signed for the $6.99/month plan myself -

But we plan to see a lot of movies in the next 2 months
because the glide path does not look encouraging
So, if I want to go to movies with my wife, we both have to sign up for our own account?

mnnice
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Re: MoviePass-Too good to be true, but it's legit.

Post by mnnice » Sat Nov 18, 2017 8:58 pm

I got a MoviePass about 10 days ago. I have seen 3 movies since. The app appears to be down tonight which bums me out as DS and I were going to go to Justice League.

denovo
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Re: MoviePass-Too good to be true, but it's legit.

Post by denovo » Sat Nov 18, 2017 9:31 pm

mnnice wrote:
Sat Nov 18, 2017 8:58 pm
I got a MoviePass about 10 days ago. I have seen 3 movies since. The app appears to be down tonight which bums me out as DS and I were going to go to Justice League.
You were gonna see it in 2d? (GASP)
"Don't trust everything you read on the Internet"- Abraham Lincoln

travellight
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Re: MoviePass-Too good to be true, but it's legit.

Post by travellight » Sat Nov 18, 2017 9:35 pm

mnnice wrote:
Sat Nov 18, 2017 8:58 pm
I got a MoviePass about 10 days ago. I have seen 3 movies since. The app appears to be down tonight which bums me out as DS and I were going to go to Justice League.
I was bummed too. I wonder if this is the first sign of trouble.

I saw Thor in 2d and loved it.

travellight
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Re: MoviePass-Too good to be true, but it's legit.

Post by travellight » Sat Nov 18, 2017 9:36 pm

I wonder if it still works if you show up and use the car when app is down?

tj
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Re: MoviePass-Too good to be true, but it's legit.

Post by tj » Sun Nov 19, 2017 12:27 am

denovo wrote:
Sat Nov 18, 2017 9:31 pm
mnnice wrote:
Sat Nov 18, 2017 8:58 pm
I got a MoviePass about 10 days ago. I have seen 3 movies since. The app appears to be down tonight which bums me out as DS and I were going to go to Justice League.
You were gonna see it in 2d? (GASP)
It wasn't shot in 3D, was it? :D

http://realorfake3d.com

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walletless
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Re: MoviePass-Too good to be true, but it's legit.

Post by walletless » Sun Nov 19, 2017 11:35 am

VaR wrote:
Fri Nov 17, 2017 12:04 am
randomguy wrote:
Thu Nov 16, 2017 10:01 pm
Que1999 wrote:
Thu Nov 16, 2017 9:52 pm
FYI, MoviePass seems to have a promo going right now, $7 per month plus a $6 one-time activation fee for a total of $90 billed annually.... If you have the regular $10 plan, as soon as you log in it asks if you'd like to switch to the new promotional plan. I just activated it for myself and the wife. :beer
So basically your betting they will be in bussiness in 9 months? 😁
Is this the kind of charge that you can dispute with your credit card company if they go out of business?
My experience when sunrocket VoIP service went belly-up several years ago was not that easy - some credit card companies like AMEX refunded their customer, no questions asked. Many others did not since the company went bankrupt which is not covered under credit card agreement, strictly speaking.

mnnice
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Re: MoviePass-Too good to be true, but it's legit.

Post by mnnice » Sun Nov 19, 2017 4:41 pm

denovo wrote:
Sat Nov 18, 2017 9:31 pm
mnnice wrote:
Sat Nov 18, 2017 8:58 pm
I got a MoviePass about 10 days ago. I have seen 3 movies since. The app appears to be down tonight which bums me out as DS and I were going to go to Justice League.
You were gonna see it in 2d? (GASP)
Sometimes I get motion sickness in 3D. Also I’m cheap.

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Re: MoviePass-Too good to be true, but it's legit.

Post by runner9 » Sun Nov 19, 2017 4:51 pm


engineer1969
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Re: MoviePass-Too good to be true, but it's legit.

Post by engineer1969 » Mon Dec 11, 2017 5:01 pm

HomerJ wrote:
Fri Nov 17, 2017 11:16 am
randomguy wrote:
Mon Nov 13, 2017 4:51 pm
engineer1969 wrote:
Tue Oct 31, 2017 7:28 am


I have no idea what a production company or studio would be willing to pay for their information, but I know they are willing to pay millions for 30 secs of air time on television.
5 million for a 30s superbowl ad seen by 100 million people
100 million people *10/ticket is 1 billion dollars
I'd be interested to know how many people actually decide to see that movie because of that ad that would not have seen it anyway. Trouble is, there's no good way to judge this.

At $5 million per superbowl ad, they would need more than 500,000 people to go see the movie that weren't planning on it before.

My guess is they are throwing money away.
I don't believe it is the advertising dollar they are after; $10/ticket is the cost if you see a movie every day. More realistically, it will be $5-8.

The data they are interested in is that you are a single white 30 year old female that likes movie X,Y and Z. This would be similar to how Netflix shows you which movies you might be interested in seeing. I suspect they will ask you to rate the movies after you see them as well.
The question is how much would a production company pay for this information. The data set is focused to the actual people who go and watch movies.

If you go see the same move 10 times I suspect they'd be interested in that too.

It will help the movie industry make better movie choices.

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Re: MoviePass-Too good to be true, but it's legit.

Post by retired recently » Mon Dec 11, 2017 5:22 pm

Wife and I got our cards just over a month ago and think we will be using it 3-4 times per month. We are retired and typically there is no one else watching the movie when we go. There has been no attempt to get us to rate any of the movies we have seen. We are quite happy with it.

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Re: MoviePass-Too good to be true, but it's legit.

Post by munemaker » Mon Dec 11, 2017 7:08 pm

engineer1969 wrote:
Mon Dec 11, 2017 5:01 pm

If you go see the same move 10 times I suspect they'd be interested in that too.
Someone may be interested in knowing if someone goes to see the same movie 10 times, but they will not find that information through MoviePass. MoviePass will only pay for you to view a movie one time.

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Re: MoviePass-Too good to be true, but it's legit.

Post by SEAworld9 » Tue Dec 12, 2017 12:43 am

munemaker wrote:
Mon Dec 11, 2017 7:08 pm
engineer1969 wrote:
Mon Dec 11, 2017 5:01 pm

If you go see the same move 10 times I suspect they'd be interested in that too.
Someone may be interested in knowing if someone goes to see the same movie 10 times, but they will not find that information through MoviePass. MoviePass will only pay for you to view a movie one time.
i'm assuming engineer1969 wasn't talking about seeing it 10 times on the same day. if you see the same movie 10 times on 10 different days it does get recorded by moviepass.

that said, they can tell everything you do in the app - what you click on, in what order, how long you take, etc. then pairing that with the transactional data makes for a very compelling story.

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Re: MoviePass-Too good to be true, but it's legit.

Post by munemaker » Tue Dec 12, 2017 1:23 pm

SEAworld9 wrote:
Tue Dec 12, 2017 12:43 am
if you see the same movie 10 times on 10 different days it does get recorded by moviepass.
MoviePass does not allow you to see the same movie more than once.

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Re: MoviePass-Too good to be true, but it's legit.

Post by Slacker » Tue Dec 12, 2017 1:28 pm

SEAworld9 wrote:
Tue Dec 12, 2017 12:43 am
munemaker wrote:
Mon Dec 11, 2017 7:08 pm
engineer1969 wrote:
Mon Dec 11, 2017 5:01 pm

If you go see the same move 10 times I suspect they'd be interested in that too.
Someone may be interested in knowing if someone goes to see the same movie 10 times, but they will not find that information through MoviePass. MoviePass will only pay for you to view a movie one time.
i'm assuming engineer1969 wasn't talking about seeing it 10 times on the same day. if you see the same movie 10 times on 10 different days it does get recorded by moviepass.

that said, they can tell everything you do in the app - what you click on, in what order, how long you take, etc. then pairing that with the transactional data makes for a very compelling story.
I'm thinking if the app is left running in the background with location enabled, they'll also be able to catch you "gaming the system" (either buying movie tickets for someone else or buying tickets to movies you don't intend to watch for "loyalty rewards" with a movie theater chain).

I am a very satisfied MoviePass customer and even took the time to fill out the survey they sent me related to a "Chick Flick" I watched with my wife. I will continue to fill out any surveys they send me if that means they can keep the doors open longer for me to get more movies at an all you can eat buffet price.

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Re: MoviePass-Too good to be true, but it's legit.

Post by Que1999 » Tue Dec 12, 2017 1:29 pm

munemaker wrote:
Tue Dec 12, 2017 1:23 pm
SEAworld9 wrote:
Tue Dec 12, 2017 12:43 am
if you see the same movie 10 times on 10 different days it does get recorded by moviepass.
MoviePass does not allow you to see the same movie more than once.
They removed this restriction around a month ago. You can see the same movie as many times as you like, as long as it's only once per day. Unless, they re-added the restriction recently.

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Re: MoviePass-Too good to be true, but it's legit.

Post by munemaker » Tue Dec 12, 2017 2:58 pm

Que1999 wrote:
Tue Dec 12, 2017 1:29 pm
munemaker wrote:
Tue Dec 12, 2017 1:23 pm
SEAworld9 wrote:
Tue Dec 12, 2017 12:43 am
if you see the same movie 10 times on 10 different days it does get recorded by moviepass.
MoviePass does not allow you to see the same movie more than once.
They removed this restriction around a month ago. You can see the same movie as many times as you like, as long as it's only once per day. Unless, they re-added the restriction recently.
oh, ok. Thanks! I didn't know they removed it.

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Re: MoviePass-Too good to be true, but it's legit.

Post by vested1 » Fri Dec 29, 2017 1:09 pm

Bumping this thread due to recent articles about Moviepass. Upthread someone mentioned a price of $6.99 a month if you prepaid for a year. I couldn't find that price but they are selling a year at Costco for $89.99, or about $7.50 a month for unlimited 2D movies. The price on the Moviepass site is $9.95 a month.
Last edited by vested1 on Sat Dec 30, 2017 10:25 am, edited 1 time in total.

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Re: MoviePass-Too good to be true, but it's legit.

Post by Chicago60 » Fri Dec 29, 2017 3:07 pm

We purchased two passes last month. No glitches, yet. We probably see 40-50 movies/year in the theaters, so this is a no brainer for us, particularly this time of year.

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Re: MoviePass-Too good to be true, but it's legit.

Post by abuss368 » Fri Dec 29, 2017 3:28 pm

denovo wrote:
Wed Oct 04, 2017 5:13 am
I've been using this service for the last couple of weeks and I wanted to pass this along to Bogleheads who like to go to the theatres.

It's pretty simple. You pay $10 a month and get a MoviePass debit card in the mail. You can see an unlimited number of 2d Film but no more than once a day at any theater practically. Around my neck of the woods a movie ticket is like $10-14 ticket and I usually go to at least 2 films a month so this is a no-brainer. I am a naturally skeptical person so I was looking high and low for a catch, but I have not found one.

https://www.moviepass.com/

I guess I have no idea how this will be sustainable for the company, but I will milk this as long as I can. Keep it a secret.
Hi denovo -

The timing of your post is good. I was driving yesterday and heard about this on our local radio. The conversation was related to is this legit or a fraud.

Thank you for sharing.
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Re: MoviePass-Too good to be true, but it's legit.

Post by abuss368 » Fri Dec 29, 2017 3:36 pm

I will admit that I honestly can not remember the last time I was at the theater. At home with Netflix, TV Apps, and even Redbox has grown on us. The simplicity of your home, comfort, no rude moviegoers with cell phones and talking, and the ability to pause a film is very easy to get used to.
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Re: MoviePass-Too good to be true, but it's legit.

Post by denovo » Tue Jan 16, 2018 7:53 pm

Update: I've had MoviePass now for 4 months.

In that time, I have paid for 4 months of service for a total of $40 , and seen 24 movies. Tickets I used to pay for cost $11 each, so I've saved about $224. I never buy concessions from the movie theatres, so this has been an excellent deal and great savings for me.

Since the marginal cost of watching a film is $0, I've been more daring about watching films that I wasn't sure I would pay $11 for. Some have been good (Lady Bird, Foreigner, Thank you for your Service), and some not so much ( Father Figures, The Commuter)
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Re: MoviePass-Too good to be true, but it's legit.

Post by Agggm » Tue Jan 16, 2018 8:25 pm

lthenderson wrote:
Wed Oct 04, 2017 8:32 am
The downside for me is having to go stand in line, pay for over priced food and beverages for the privilege of sitting in a uncomfortable seat where my feet stick to the floor to watch a movie with a dozen people in front of me more interested in talking and looking at their smart phones than the movie which is generally turned up way too loud to attempt to drown out the people talking.

For a dollar less per month, I can get as many movies as I can watch (one at a time) mailed directly to my house using Netflix services.
Lol. We have nice big red comfy reclining seats by my way. We've been using MP for a long time now. We watch a lot of movies. So it's a great deal for us. Even if they reprice later on, we'll keep it.

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Re: MoviePass-Too good to be true, but it's legit.

Post by malabargold » Sun Jan 21, 2018 9:10 pm

As a bonus, if your cinema offers live streaming of performances
of things like the Bolshoi Ballet, it will work for those, too.

It does NOT cover the full price, but does pay up to the customary movie charge toward the price.

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Re: MoviePass-Too good to be true, but it's legit.

Post by squirm » Sun Jan 21, 2018 9:27 pm

I don't even remember the last time I went to the movies. At least ten years ago.

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Re: MoviePass-Too good to be true, but it's legit.

Post by 123 » Sun Jan 21, 2018 9:27 pm

Rondo wrote:
Fri Nov 17, 2017 12:43 am
...You can buy a ticket at the window early in the day and stay in the theater all day/night and watch as many movies as you want...
I've got a MoviePass and sometimes I have a hard time finding one movie worth seeing to me. Stay all day? That's only if you're a glutton for punishment.
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MoviePass App Tracks Your Location Before and After Movies

Post by AntsOnTheMarch » Mon Mar 05, 2018 6:56 pm

"We get an enormous amount of information. We watch how you drive from home to the movies. We watch where you go afterwards," said Lowe.

https://www.macrumors.com/2018/03/05/mo ... -tracking/

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Re: MoviePass App Tracks Your Location Before and After Movies

Post by protagonist » Mon Mar 05, 2018 7:23 pm

AntsOnTheMarch wrote:
Mon Mar 05, 2018 6:56 pm
"We get an enormous amount of information. We watch how you drive from home to the movies. We watch where you go afterwards," said Lowe.

https://www.macrumors.com/2018/03/05/mo ... -tracking/
Good to know. On Android you can go to apps in settings and turn off location, which I just did. I will turn it on again the next time I see a movie.

I'm pretty much breaking even on Movie Pass vs. buying tickets. If this continues to be the case I will cancel.

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