Thursday, November 09, 2017 5:38:45 PM
Movie Pass is going to bring millions of customers to all theaters AMC theaters included. Not supporting MP means that AMC competitors will take advantage of MP partnership to compete with AMC business.
What was management thinking? It doesn't matter what AMC thinks about MP. In the next few years, what if 50% of AMC ticket sales could be MP members? Will AMC turn that away too?
This troubles me a lot ever since Movie Pass started gaining over 600k members in matter of 2 months. No body has the statistics to show the MP will fail, and what if MP succeeds, and AMC is just turning away opportunities for growth? So, what was management thinking when they did what they did publicly saying there is no chance in hell we'll work with Movie Pass and share profit?
Makes me wonder if something personal involved. Movie Pass is projecting 3 million + members by next August. That 3 million MP members could be spending far more at AMC theaters. What if MP members grows 5x in the next 5 years?
Recent AMC News
- Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News • IH Market News • 03/28/2024 01:48:04 PM
- Amcor announces CEO transition and reaffirms fiscal 2024 outlook • PR Newswire (US) • 03/19/2024 08:15:00 PM
- Zoom Rooms at AMC Is Now Live at Several AMC Locations Across the Country as AMC Theatres® and Zoom Redefine Interactive Business Meetings and Hybrid Events • Business Wire • 03/14/2024 10:45:00 AM
- AMC Entertainment Holdings, Inc. Provides Settlement Notice • Business Wire • 03/12/2024 08:30:00 PM
- AMC Significantly Expands the Availability of its Popular Grocery Store Popcorn Through the Addition of Publix and Kroger Stores, and Amazon.com • Business Wire • 03/11/2024 05:09:00 PM
- AMC Entertainment Holdings, Inc. Board of Directors Elects Sonia Jain to Serve as a Director of the Company, Effective March 1, 2024 • Business Wire • 03/01/2024 11:45:00 AM
- Snowflake Stock Plummets 20.3% After CEO Transition; C3.ai, Okta, and Duolingo Surge Post-Strong Quarterly Reports, and More • IH Market News • 02/29/2024 11:09:45 AM
- AMC Entertainment Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 02/28/2024 09:15:00 PM
- AMC Entertainment Holdings, Inc. to Announce Fourth Quarter and Full Year 2023 Results and Host Earnings Webcast • Business Wire • 02/05/2024 09:15:00 PM
- KISS THE FUTURE – The Critically Acclaimed Documentary About a Creative Community Amid the Siege of Sarajevo, the Resilience of Its People Through Art and Music and the Tale of a Post-war Concert by U2 – to Receive a Theatrical Run Exclusively at AMC • Business Wire • 01/31/2024 07:00:00 PM
- "Forty-Seven Days With Jesus", Starring The Chosen's Yoshi Barrigas & Catherine Lidstone, Coming To Over 800 Theaters In A Special Three-Day Fathom Event • PR Newswire (US) • 01/30/2024 09:45:00 PM
- This Friday Is National Popcorn Day, and AMC Theatres® Is Celebrating With Unlimited Popcorn Refill Deals and Unique Popcorn-Themed Merch Available in Theatres and Online • Business Wire • 01/17/2024 01:00:00 PM
- Wall Street Highlights: Tesla Cuts Prices in Germany, Interactive Brokers Increases Revenue by 17%, and More • IH Market News • 01/17/2024 11:33:30 AM
- Wall Street Highlights: HPE and Juniper Networks in Negotiations, Elliott Invests $1 Billion in Match Group, and More • IH Market News • 01/09/2024 11:12:25 AM
- TAYLOR SWIFT | THE ERAS TOUR Concert Film Is Now the Highest Grossing Theatrical Release in History Among Concert and Documentary Films • Business Wire • 01/08/2024 12:12:00 AM
- Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California • IH Market News • 01/05/2024 11:14:00 AM
- Meta CEO Sells $428 Million in Shares Since November, AMC Hits New Record Low, and More • IH Market News • 01/04/2024 09:51:01 AM
- Going to the Movies Just Got Sweeter – AMC Theatres® Launches Its Own Line of Premium Gourmet Candies: AMC Cinema SweetsTM • Business Wire • 12/20/2023 01:00:00 PM
- The Met: Live in HD 2023-24 season continues with live transmission of Verdi's Nabucco on Saturday, January 6, presented by Fathom Events • PR Newswire (US) • 12/13/2023 05:40:00 PM
- Cal-Maine Avian Flu Outbreak Impact, Amgen Hikes Dividend For Twelfth Year, and Latest Updates • IH Market News • 12/13/2023 11:30:07 AM
- AMC Entertainment Holdings, Inc. Successfully Completes $350 Million At-The-Market Equity Offering and Reduces Debt by $62 Million, Bolstering Liquidity and Strengthening the Balance Sheet • Business Wire • 12/11/2023 10:34:00 PM
- The Met: Live in HD 2023-24 season continues with live transmission of Daniel Catán's 1996 opera Florencia en el Amazonas, the first Spanish-language opera at the Met in nearly a century, on Saturday, December 9, presented by Fathom Events • PR Newswire (US) • 12/05/2023 04:02:00 PM
- A FILM BY BEYONCÉ」がハリウッドへ、豪華スターが出席するプレミア公開イベントをロサンゼルスで開催 - 12月1日より世界各地の映画館で上映開始 • Business Wire • 11/27/2023 02:38:00 PM
- A FILM BY BEYONCÉ erobert Hollywood mit einer Star-besetzten Premiere in Los Angeles – Der Film startet am 1. Dezember in Kinos weltweit • Business Wire • 11/27/2023 05:40:00 AM
- A FILM BY BEYONCÉ a été projeté en première à Hollywood (Los Angeles) devant un parterre de vedettes – le film sortira dans les salles du monde entier le 1er décembre • Business Wire • 11/27/2023 05:23:00 AM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM