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Friday, August 3, 2018

MoviePass is still standing and the company's statement is wild

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MoviePass isn't dead, and the company wants you to know it.

In an extremely defensive statement, MoviePass declared, "We're still standing" and chided the theater industry for pre-empting its demise.

"Exhibitors know that without MoviePass they will be able to continue to charge exorbitant prices for theater tickets and gouge customers with overpriced concessions," the statement reads. "This is exactly the attitude the taxicab industry took when Uber entered their market."

The article goes on to explain MoviePass' contribution to national box office in the past several months and year since its monumental price drop, with the tone (if not the capitalization) of famous politicians denying collusion.  Read more...

More about Business, Entertainment, Movies, Moviepass, and Businesswire

from Mashable https://ift.tt/2O7rhy5

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