Helios and Matheson Analytics Inc (HMNY)

[Tekterra]

Now we know why AMC was so pissed at Movie Pass lol. After the news AMC was planing for the same subscription model only Movie Pass beat them to market and Movie Pass works with credit card company that basically makes the pass a credit card that you can use at just about any theater that accepts credit card.

This blows AMC out of the water and totally trashed their plans. Even if AMC came out with their own movie pass who's going to buy their pass that's only good for the AMC locations? This stuff is too funny.

AMC have no rights to block Movie Pass since it's a credit card. They would basically be like we won't accept master card anymore. lol.

There is nothing AMC can do to block this, it will make ACM looked bad and potentially impact their business all together. AMC being stubborn is not a smart move. Because, I can tell you right now, I don't feel like going to AMC anymore because my movie pass and I aren't welcome. So then I simply don't go to AMC theater.