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Re: None

Thursday, 11/09/2017 5:38:45 PM

Thursday, November 09, 2017 5:38:45 PM

Post# of 138077
I like what management is doing to improve the situation, but I don't like the fact that AMC publicly rebuke Movie Pass.

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?
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