Aikouka
Lifer
- Nov 27, 2001
- 30,383
- 912
- 126
I just cancelled my subscription. Honestly, from previous opinions, I really should have done this months ago, but much like the "Netflix effect", it's easy to ignore small payments.
My problem is that it's not like the movie is more expensive during its initial few weeks... at least not on a per-ticket basis. However, I assume newer movies are more expensive to MoviePass given that's when a large chunk of the ticket sales are. The problem is... doesn't that go against the entire "see a movie a day for one monthly rate" mantra? On the other hand, I'm fine if MoviePass would say "You can go see IMAX, but you'll have to pay a small fee per ticket due to the increased ticket price." because there's an actual difference in price there on our end.
I thought it wasn't a huge problem until my ticket failed to print properly for Mission Impossible Fallout. I still had an e-mail confirmation, so I had no problem getting into the movie and the theater staff was made aware of the issue after it only affected two of us, but if I needed to submit a ticket picture... I'm not sure a blank ticket would work.
They pay the same price per ticket on week 1 as they do on week 4, but the issue is that they are likely selling far more tickets in week 1. In other words, it's not about how much they pay per ticket, it's about how many tickets they're having to buy. By limiting popular movies or forcing extra fees, they help recoup some of the higher outgoing money due to higher demand.
This is pretty much why I never was able to use the service. I like seeing movies on opening night, and people around me even get used to asking me for my thoughts on them. (Whether they agree with my opinion is another story.
) Popular movies pretty much require you to buy tickets weeks in advance, and that just isn't possible with MoviePass. Of course, it doesn't help that I'm sort of picky about my seat preference.
I think they needed to start off a bit slower. They could've easily offered up to 4 tickets per month, and that's still a really good deal for $10... especially since $10 is an average price for a non-matinee ticket. It would essentially be a buy-one-get-three-free deal. They got hit so hard by people that went in hard on the "movie a day" premise that it destroyed their bottom line.
As for the investors, I think people wanted to try to get in on what could be the next Netflix.
I think I'm locked in at a lower rate for a year (well, like 6 months or something now) so I don't think this price hike affects me. I think. And I can kinda understand their $2-$6 fee for popular movies at popular times, it at least makes some sense, but the whole "barring people from opening weekend" thing doesn't make sense to me.
My problem is that it's not like the movie is more expensive during its initial few weeks... at least not on a per-ticket basis. However, I assume newer movies are more expensive to MoviePass given that's when a large chunk of the ticket sales are. The problem is... doesn't that go against the entire "see a movie a day for one monthly rate" mantra? On the other hand, I'm fine if MoviePass would say "You can go see IMAX, but you'll have to pay a small fee per ticket due to the increased ticket price." because there's an actual difference in price there on our end.
Soon afterwards, they decided that you would also have to submit a pic of your ticket stub as well. I thought this was odd and assumed it was to prevent some form of fraud that they were being taken advantage of. The app makes it very easy to submit so, it's not a big deal.
I thought it wasn't a huge problem until my ticket failed to print properly for Mission Impossible Fallout. I still had an e-mail confirmation, so I had no problem getting into the movie and the theater staff was made aware of the issue after it only affected two of us, but if I needed to submit a ticket picture... I'm not sure a blank ticket would work.
I don't even understand why they would have a surge charge at all since they pay the same amount no matter how many seats are sold.
They pay the same price per ticket on week 1 as they do on week 4, but the issue is that they are likely selling far more tickets in week 1. In other words, it's not about how much they pay per ticket, it's about how many tickets they're having to buy. By limiting popular movies or forcing extra fees, they help recoup some of the higher outgoing money due to higher demand.
At my local theatre, you can't buy tickets ahead of time through MoviePass. My theatre also uses assigned seating that you pick when you purchase your ticket.
This is pretty much why I never was able to use the service. I like seeing movies on opening night, and people around me even get used to asking me for my thoughts on them. (Whether they agree with my opinion is another story.
The math is easy to do and see it'a a losing game, but the company was supposed to make the money up on the back end by selling customer data generated via their app. From the beginning it sounded like they had pretty unrealistically high hopes for how much revenue it would generate, and now it's obvious they fell a little short.
The fact that they got so many investors to drink the cool-aid and take the ride with them is either a testament to their sales skills and/or human stupidity/greed.
I think they needed to start off a bit slower. They could've easily offered up to 4 tickets per month, and that's still a really good deal for $10... especially since $10 is an average price for a non-matinee ticket. It would essentially be a buy-one-get-three-free deal. They got hit so hard by people that went in hard on the "movie a day" premise that it destroyed their bottom line.
As for the investors, I think people wanted to try to get in on what could be the next Netflix.