"Our new business model no longer depends on achieving revenues from studios or exhibitors to succeed," Meaning "our 'big data' is shit, and we no longer can deliver targetted seats to the studios," as subscription numbers have been reduced precipitously.
Yet then they say, "We remain committed to offering a wide inventory of movies and enhanced box office results for our industry partners." So, which is it, revenue or no revenue from your industry (studio) partners?
"MoviePass™, MoviePass Films, and Moviefone™ plan to work together in a much more interconnected fashion and share resources across each company.". My gawd, they just now figured that out?
"We believe the MoviePass™ subscription service will enhance box office results of MoviePass Films productions, and that revenues from our MoviePass Films productions will help fuel an expansion of our MoviePass™ subscription service....". Which is to say, "we believe that paying full box office price for our subscribers to see our own movies will lead to greater numbers of non-subscribers seeing our movies, who will then sign-up to become our subscribers, so that when these new previously-box-office-self-paying subscribers then go see our movies we at MoviePass will be paying full box office price for these new subscribers to see our movies. Yea!"
I know what I am holding, and how big the potential here, one cry all they want about 2018, but 2019 and beyond will send us smiling to the bank :) game changer......winning combination....
No risk no glory......enough said already.....I wont repeat the same stuff again :)
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