Movies and TV Over/Under on MoviePass going bankrupt - Page 3

Spott · 07-28-2018, 09:54 AM

It was great while it lasted, but I'm giving them until Halloween before they call it quits.

RINGLEADER · 08-19-2018, 04:39 PM

Quote:

Originally Posted by PmCakes

I read an article about how MoviePass investors have lost over 99% of their money. There are more failures in the silicon valley then there are successes. Nobody wants to talk about them.

**BigRedChief** · 08-19-2018, 05:11 PM

Quote:

Originally Posted by DaFace

I have actually been to more movies in theaters these past couple years than I have in a long time. My wife and I enjoy it. But a lot of that is because our theater we go to has moved to recliners seats that you can buy and reserve online, so the whole experience of having to get there early to get a good seat is removed.

Couple that with AMC doing $5 tickets and $5 popcorn/drink on Tuesdays, and it's a nice evolution of the movie theater experience.

same here. $5 recliner seats that we can reserve have motivated us to go to more movies.

rocknrolla · 08-19-2018, 06:26 PM

Quote:

Originally Posted by BigRedChief

same here. $5 recliner seats that we can reserve have motivated us to go to more movies.

Lowering theater prices is the only way they can save themselves.The Force Awakens was the last time I have been to the theater, gambling $20 on a shit show isn't worth it,

Spott · 08-19-2018, 07:37 PM

When MoviePass goes under, I’ll probably just go back to waiting for the new movies to come out on Redbox, unless it’s something I can’t wait for like the next Avengers movie.

GloryDayz · 08-19-2018, 08:52 PM

Quote:

Originally Posted by dj56dt58

move theaters are past their time anyway..it's time to bring new releases to streaming.

The best thing about going to a movie theater is the lack of distractions. But hardly worth $16 tix and $25 for popcorn for a small family.

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dj56dt58 · 08-20-2018, 05:37 AM

Quote:

Originally Posted by GloryDayz

The best thing about going to a movie theater is the lack of distractions. But hardly worth $16 tix and $25 for popcorn for a small family.

Sent from my 9+ using Tapatalk

Depends on who you sit by..young kids, coughing adults, and idiots on their phones can cause plenty of distractions. At home I can just tell my wife to stfu

GloryDayz · 08-20-2018, 06:02 AM

Quote:

Originally Posted by dj56dt58

Depends on who you sit by..young kids, coughing adults, and idiots on their phones can cause plenty of distractions. At home I can just tell my wife to stfu

I've gotta admit, you have a point.

**BigRedChief** · 08-20-2018, 06:30 AM

Quote:

Originally Posted by dj56dt58

Depends on who you sit by..young kids, coughing adults, and idiots on their phones can cause plenty of distractions. At home I can just tell my wife to stfu

I usually go to movies that kids don't go to except for super heroes movies. Down here I don't see people on their phones during the movie. But, I saw that issue in KC alot.

I have a huge TV, great sound system. I still enjoy physically going to a movie. I don't ever pay $12+ for a ticket unless I go on opening night. Pay no more than $5 for popcorn. I have money. Maybe I'm being a cheapskate or something. But, paying $5 for a movie seems to make me more inclined to go see a movie in the theaters than just waiting to see it at home.

Maybe its like I-Tunes. I have bought over $600+ worth of music legally since its inception. I would bet I'd bought maybe 10 albums. Musicians and the industry gained money from me by allowing me to purchase music ala cart instead of paying full freight for an album when I only wanted the 1 song. I'll go see your movie in a theater but only if its $5.

GloryDayz · 08-20-2018, 07:00 AM

Quote:

Originally Posted by BigRedChief

I usually go to movies that kids don't go to except for super heroes movies. Down here I don't see people on their phones during the movie. But, I saw that issue in KC alot.

I have a huge TV, great sound system. I still enjoy physically going to a movie. I don't ever pay $12+ for a ticket unless I go on opening night. Pay no more than $5 for popcorn. I have money. Maybe I'm being a cheapskate or something. But, paying $5 for a movie seems to make me more inclined to go see a movie in the theaters than just waiting to see it at home.

Maybe its like I-Tunes. I have bought over $600+ worth of music legally since its inception. I would bet I'd bought maybe 10 albums. Musicians and the industry gained money from me by allowing me to purchase music ala cart instead of paying full freight for an album when I only wanted the 1 song. I'll go see your movie in a theater but only if its $5.

The younger son and I went with the Scuba club to see "The Meg" this weekend and is was just over $12 a seat (recliners), and would have been over $16 if the movie had been showing in the theater where the seats shake for you. That being said, I guess I could find some obscure time to watch a movie and save some money, but that sucks too.

As for the popcorn, if you're paying $5, you have a great theater..

And yes, there were some cell phone that came out, but nothing that bothered me, no "Ohy ohy" or anything, and I never heard one of them ring or ding. Hell, one was mine when the widey texted me. Like the others, mine was on silent, but I was guilty too..

**mikeyis4dcats.** · 08-20-2018, 10:32 AM

I love going to the theater. I often take a long lunch and see one during the week. It's great stress relief.

GloryDayz · 08-20-2018, 10:37 AM

Quote:

Originally Posted by mikeyis4dcats.

I love going to the theater. I often take a long lunch and see one during the week. It's great stress relief.

Nice..

**BigRedChief** · 08-20-2018, 03:50 PM

Quote:

Originally Posted by GloryDayz

The younger son and I went with the Scuba club to see "The Meg" this weekend and is was just over $12 a seat (recliners), and would have been over $16 if the movie had been showing in the theater where the seats shake for you. That being said, I guess I could find some obscure time to watch a movie and save some money, but that sucks too.

As for the popcorn, if you're paying $5, you have a great theater..

And yes, there were some cell phone that came out, but nothing that bothered me, no "Ohy ohy" or anything, and I never heard one of them ring or ding. Hell, one was mine when the widey texted me. Like the others, mine was on silent, but I was guilty too..

It’s AMC theatres on Tuesday’s that have $5 tickets and popcorn. It’s all “regular” movies and times. No IMAX. New releases included. It’s a nationwide every week thing. KC has AMC theatres, correct?

AMC also has $6 tickets on any movie before noon too. No idea if that’s local or nationwide.

mr. tegu · 08-20-2018, 08:46 PM

Quote:

Originally Posted by BigRedChief

It’s AMC theatres on Tuesday’s that have $5 tickets and popcorn. It’s all “regular” movies and times. No IMAX. New releases included. It’s a nationwide every week thing. KC has AMC theatres, correct?

AMC also has $6 tickets on any movie before noon too. No idea if that’s local or nationwide.

AMC started in Kansas City and was located downtown until their new corporate headquarters was built a few years ago in Leawood, KS.

GloryDayz · 08-20-2018, 09:54 PM

Quote:

Originally Posted by mr. tegu

AMC started in Kansas City and was located downtown until their new corporate headquarters was built a few years ago in Leawood, KS.

The Brownback effect.

OK, OK, I'm sorry.....

Sent from my 9+ using Tapatalk

Fish · 09-13-2019, 09:56 PM

MoviePass will shut down for good on Sept. 14

MoviePass announced on Friday it’s shutting down the discount ticketing service on Sept. 14. Shares of MoviePass parent company Helios and Matheson Analytics dropped 10% Friday afternoon, though the stock trades for a fraction of a penny.

MoviePass notified subscribers that it plans to close down the service because its “efforts to recapitalize MoviePass have not been successful to date.” It has formed a strategic review committee, made up of the company’s independent directors, to explore “strategic and financial alternatives” for the company.

Among the options it’s considering are a sale of the company in its entirety, a sale of the company’s assets, including MoviePass, Moviefone and MoviePass Films, as well as the possibility of a reorganization of the company. Helios and Matheson Analytics noted that any transaction would include the “assumption or settlement” of any of its liabilities.

Prior to the service’s closure, MoviePass had been struggling for more than a year. Last March, MoviePass launched a revamped version of its unlimited plan, which let users watch one movie per day for $9.95 per month, as part of an eleventh-hour attempt to revive the subscription service. However, the service saw its subscriber base plummet from more than 3 million members to about 225,000 as of April 2019.

Additionally, MoviePass last month laid off at least seven of its employees, bringing the total staff down to about 12 people, according to Business Insider. That’s after the company was forced to add restrictions to the app in an effort to slow its cash burn, including limiting users to four movies per month, instead of being able to watch one movie per day. Helios and Matheson also took out sizable loans to cover its ballooning losses.

Last October, then-New York Attorney General Barbara Underwood opened a probe into Helios and Matheson’s business dealings, alleging the company misled investors regarding its financials.

07-28-2018, 09:54 AM
Spott Court Jester Join Date: Aug 2000 Location: Orlando Casino cash: $3142400	Over/Under on MoviePass going bankrupt It was great while it lasted, but I'm giving them until Halloween before they call it quits.
Posts: 19,690

08-19-2018, 07:37 PM	#34
Spott Court Jester Join Date: Aug 2000 Location: Orlando Casino cash: $3142400	When MoviePass goes under, I’ll probably just go back to waiting for the new movies to come out on Redbox, unless it’s something I can’t wait for like the next Avengers movie.
Posts: 19,690

08-20-2018, 10:32 AM	#40
mikeyis4dcats. Scarlett Johansson's boytoy Join Date: Nov 2006 Casino cash: $9555998	I love going to the theater. I often take a long lunch and see one during the week. It's great stress relief. __________________
Posts: 12,526

09-13-2019, 09:56 PM	#45
Fish Ain't no relax! Join Date: Sep 2005 Casino cash: $2338919	MoviePass will shut down for good on Sept. 14 MoviePass announced on Friday it’s shutting down the discount ticketing service on Sept. 14. Shares of MoviePass parent company Helios and Matheson Analytics dropped 10% Friday afternoon, though the stock trades for a fraction of a penny. MoviePass notified subscribers that it plans to close down the service because its “efforts to recapitalize MoviePass have not been successful to date.” It has formed a strategic review committee, made up of the company’s independent directors, to explore “strategic and financial alternatives” for the company. Among the options it’s considering are a sale of the company in its entirety, a sale of the company’s assets, including MoviePass, Moviefone and MoviePass Films, as well as the possibility of a reorganization of the company. Helios and Matheson Analytics noted that any transaction would include the “assumption or settlement” of any of its liabilities. Prior to the service’s closure, MoviePass had been struggling for more than a year. Last March, MoviePass launched a revamped version of its unlimited plan, which let users watch one movie per day for $9.95 per month, as part of an eleventh-hour attempt to revive the subscription service. However, the service saw its subscriber base plummet from more than 3 million members to about 225,000 as of April 2019. Additionally, MoviePass last month laid off at least seven of its employees, bringing the total staff down to about 12 people, according to Business Insider. That’s after the company was forced to add restrictions to the app in an effort to slow its cash burn, including limiting users to four movies per month, instead of being able to watch one movie per day. Helios and Matheson also took out sizable loans to cover its ballooning losses. Last October, then-New York Attorney General Barbara Underwood opened a probe into Helios and Matheson’s business dealings, alleging the company misled investors regarding its financials. __________________
Posts: 47,461