Friday, October 13, 2017 1:27:19 PM
People need to think beyond just Movie Pass itself. Take a web site for example, you need traffic right? Once you get a ton of traffic, you can then sell advertisement. This is exactly what HMNY is doing.
They will lose money at first since this stuff is fresh you can go to theater every day, but after you saw all the movies do you really want to go to the theater every day? Right, so the cost will drop off.
What might happen is netflex and all the other competitors would be disrupted. Because, if I could go to theater whenever, am I going to still need my netflex subscription right? That's right, Netflex, and all others in the space would be worried. And that's not a bad thing for HMNY.
Threaten the big players enough, they might actually buy out HMNY.
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