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Re: chereb19 post# 39396

Sunday, 12/16/2018 11:54:45 AM

Sunday, December 16, 2018 11:54:45 AM

Post# of 52224
I understand. I just don't think they allow for a high enough utilization rate. MP uses terminology of "up to 3 movies per month". Consumers interpret and assume 3movies per month. The consumer is going to target attending 3 movies and maximizing their value. MP is going to have to restrict subs from full observed utilization. This will continue to loss subs. As a subscription service MP offered only one fundimental investors had interest in, growing subscribers. It exponential growth is what made it interesting. Who cares if they have 1M subs and are break even. Big deal, wow they are basically a charity at that point. Which in reality they have become. Lots of investors taking the right off on this one this year. I'm all good with giving to the Starvin Marvin charities, but this Seymour Movies charity isn't one anyone wants to willingly contribute to.

Don't listen to me.
I'm not rich.
I'm wrong a lot of the time.
I don't even trust myself.