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The Insane Number Of Subscribers MoviePass Thinks It Will Have By The End Of The Year
Ever since MoviePass dropped its monthly subscription price to $10 last year, it seems like every week there is a new story about the disruptive service, as consumers sign up in droves and the industry waits to see if this is a passing phase or a permanent shift. The subscription service is growing at a rapid pace and if MoviePass and CEO Mitch Lowe have anything to say about it, this is the future of moviegoing. If MoviePass is right about its subscriber growth, it will be hard to argue. The company is now expecting to hit an insane 5 million subscribers by the end of the year.
At the Entertainment Finance Forum (via Media Play News), MoviePass CEO Mitch Lowe, said that the company expects to hit 5 million subscribers this year, up from its current number of over 2 million subscribers. The 2 million the service now boasts accounts for 6% of ticket purchases. The 5 million number on its own might not seem that that impactful, but when you consider that it could make up 20% of all ticket sales, that is downright bonkers. If MoviePass does indeed achieve this goal, you have to imagine that the impact would be monumental.
Despite this huge subscriber goal, there are still some questions about sustainability. The see-one-movie-a-day service seems too good to be true and too expensive to maintain. However, as the service grows, it expects more casual users to help offset those who use it a lot. MoviePass is also looking to monetize consumer data about when people go to the theater and where they go afterwards in order to form partnerships with restaurants, retailers and theaters to promote a complete movie night experience through the app. Of course, not all theaters are on board with this, but if one-fifth of all tickets start being sold through the subscription service, MoviePass will be harder to ignore.
The box office was down last year, but more alarming is the continuing decline in attendance. MoviePass says that it wants to reenergize moviegoing and getting more people out to the theater is a part of that. The service is apparently already growing attendance at non-blockbuster films while bringing in the coveted millennial demographic and people who don't usually go to the movies. This gives MoviePass a great deal of leverage, though and MoviePass has already flexed this power with Red Sparrow this weekend. This power will likely only grow as the service adds subscribers so this next year will be very interesting as this disruptive force in the industry shakes out.
Whether you use MoviePass, one of the alternatives, or plain old-fashioned money, there are plenty of reasons to visit the theater this year, check them out in our release guide. For all the latest in how $10 a month is the key to world domination, stay tuned to CinemaBlend.
Now Bionic Buzz recently caught up with Mary Elizabeth Winstead and asked about her next project to enter production, Birds of Prey. "It's sort of a spinoff of Suicide Squad . It kind of follows Harley Quinn, which is Margot Robbie's character from those films, and this sort of girl gang that she puts together.
Birds Of Prey movie release date, cast and more - boxcollider
Pixar's Onward Trailer Introduces A World Of Mythical Creatures May 31, 2019 admin 0 Comments. 0. SHARES. Share Tweet. Get your first look at Pixar's newest world
Pixar̢۪s Onward Trailer Introduces A World Of Mythical
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A world of mystical creatures…living in the suburbs. Check out the new trailer below. The premise of Onward is that the world of fantasy that we know from books and films, the world of elves, and gnomes, and dragons and unicorns, is real. However, even in a world like that, time passes, things change, and the world advances.
TV Series News - Pixar's Onward Trailer Introduces A World Of
One fan shared an image that shows the level of detail in how Ocean Master's look in the Aquaman film feels ripped right from the pages of a comic panel. or Black Manta, Heroic Hollywood
New 'Aquaman' Still Shows Off Final Battle With Ocean Master
Fantastic Beasts: The Crimes of Grindelwald (god that's such a miserable title) is a poorly made slogfest that advances the story very little and does nothing but set up presumably better sequels.
A new rumor indicates that Rian Johnson's Star Wars trilogy might never happen.. The three announced dates for the upcoming Star Wars films are NOT for Rian Johnson according to John Campea relying on information from an inside source with knowledge of the situation.
What Will Rian Johnson's New Star Wars Trilogy Be About?
Subscribe To Disney's New Streaming Service Is Finally Casting Its First Movie Updates If you're unfamiliar with that name, that's because this will be Grace VanderWaal's acting debut
Netflix will have competition from Disney, but we don't know
How Michael B. Jordan Created Marvel's Most 'Complicated' Villain Yet (Exclusive) With Black Panther and Michael B. Jordan's not only is his portrayal of Killmonger one of the best
'Black Panther': Michael B. Jordan's Killmonger Is Marvel's
Since Netflix is global, and folks outside of the USA will probably be more familiar with the Eurovision Song Contest, we think Ferrell is headed down the right track with Netflix for his new film.
New & Upcoming Will ferrell Movie News - CINEMABLEND
Kristen Stewart And John Cho Follow In Chris Pine's Shoes, Remembering Anton Yelchin As Documentary Is Released June 18, 2019 admin 0 Comments. 0.
James's DVDs - Actor/Actress - T - Austronesian Dictionaries
It's still over a year away, but production for Star Wars: Episode IX is in full swing. In addition to returning characters like Rey, Finn, and Poe Dameron, the movie has been slowly building up its cast of new characters which include the likes of Keri Russell and Dominic Monaghan, both of whom happen to be veterans of J.J. Abrams TV shows.
Dominic Monaghan Heads to the Galaxy Far, Far Away for STAR
It might make more opening day than any other April release will make in total. The only film that has a real chance to earn more than $100 million is Rampage , a video game adaptation. Last April , The Fate of the Furious earned more than $1.2 billion worldwide, but "only" earned $225.76 million of that domestically.
I Feel Pretty brings the funny to Blu-ray - HOTCHKA
hotchka.com/i-feel-pretty-bluray-review
I Feel Pretty casts Schumer as Renee Bennett, who runs the online division of a popular, high end makeup brand from a dingy basement office blocks away from HQ. Renee has that attractive 'girl next door' look, nothing offensive, nothing that should be regarded has hideous, but after paying a visit to the office to deliver some paperwork
Amy Schumer to Star in Live-Action 'Barbie' Movie at Sony
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