Sounds like heaven. Dr. Pepper is one of the only reasons I don't refuse to go to Alamo.
The AMC plan, called "A-List", is supposed to debut 6/26 (next tue) according to this AMC employee
https://www.reddit.com/r/MoviePassC..._version_of_mp_is_called_amc_alist_1999_mo_3/
He says it will allow Dolby, IMAX, and 3D; advance ticketing; multiple showings but doesn't say anything about an annual pass. I guess we'll see more details next tuesday.
I definitely am interested if it includes Dolby Cinema, those tickets are $15.49/ea around me so it basically pays for itself after 2 viewings a month. I'd go 2-3 times a week to see movies in IMAX and Dolby.
It'll be super interesting to see what MoviePass does. This is pretty much a shot right at MP by AMC, and means AMC will never play ball with MP. Will MP drop AMC from its theater list? If they do, thats like 35% of theaters in the USA gone which has gotta hurt retention and new subscriber numbers.
This AMC service seems way too good to be true.
A single Dolby Cinema ticket costs $23.50 in my area, and I can see twelve of them per month ($282) for only $19? And up to three per day? Surely there has to be some kind of catch to this.
I'll switch from MoviePass in an instant.
I have no idea how you guys see so many movies. There's not that many decent movies or movies that could appeal to any one person released
Is the AMC thing gonna allow you to just pay a month, cancel and then start again.
I have no idea how you guys see so many movies. There's not that many decent movies or movies that could appeal to any one person released
Probably from drinking all that Mr. Pibb and not the superior Dr. Pepper.
They'll probably keep doing what they're doing. Maybe use it to get mutually-beneficial deals with other chains in competitive markets with AMC. MoviePass can sell itself to other chains as a plan they don't need to invest in themselves and don't need to lose money on. They just need to allow MoviePass to help them stay competitive. There's little short-term risk in going with MoviePass on this.
Why bother developing a relationship with moviepass when they're close to being delisted?
Currently HMNY is $0.31 on Nasdaq
- Every other major US theater chain is guaranteed to introduce their own subscription service in order to compete with AMC, meaning those chains will also never partner with MoviePass. And all these competing services will probably have similar perks (online reservations, premium showings, concession upgrades/refills, loyalty points) that MoviePass just cannot match.
Yeah, same. There aren't enough movies coming out for me to spend that much money. Maybe if they start playing older films in Dolby cinema for the hell of it I'll consider.I hate my local AMC for everything but Dolby Cinema, and I don't feel the need to see every movie that comes to that Dolby Cinema so I'm not sure ALIST is for me. If MoviePass goes under, then maybe I'd give it a shot.
Guaranteed? MoviePass is better for them than trying to compete with AMC. If you try to make your own, AMC's wide spread is automatically going to look more appealing and you're going to be fighting an uphill battle the entire time. If you align with other chains under MoviePass, you can counter that and let MoviePass offer a better deal to consumers, which means those consumers might choose MoviePass (and therefore not lock themselves out of your theaters entirely by signing up with AMC). It's still not ideal, but it's the better of two evils to go with MoviePass. That's why many small chains already have.
Is the AMC thing gonna allow you to just pay a month, cancel and then start again.
I have no idea how you guys see so many movies. There's not that many decent movies or movies that could appeal to any one person released
None of this is really true. First Regal is owned by a company in the UK that already has a sub service over there, they pay ~$25/mo and get unlimited Cineworld access in the UK similar to the new AMC deal.
Second, "partnering" with MoviePass is basically giving up money to MoviePass. The current e-ticket partners give MP a 20-30% discount on tickets that they have to eat, not hollywood studios. Why would Regal ever give up 20% of its money? Its infinitely easier to create your own service, especially if you already have all the underlying technical infrastructure. Not to mention the fact that it would be e-Tickets and not this ridiculously silly debit card system MoviePass uses, that you keep 100% of everything, that you control whether customers get loyalty points and where, and the fact that now customers are much more loyal / captured by your chain rather than free to go anywhere.
There are only three big chains in the USA: AMC at 37%, Regal at 33%, and Cinemark at ~20%. Those three control 90% of the screens. AMC now has their own movie pass sub service, Cinemark has had a (lame) one for a while ($10/mo for 1 movie/mo, carry over unused) and Regal is the only odd man out. AMC's A-List program btw was supposed to debut in Q4 2017 but they delayed it when MoviePass came out. Regal got purchased by Cineworld in Feb 2018 so thats why they have been quiet about making moves, but its only a matter of months if not weeks before they put out their own.
FAQ's and stuff about A-List
https://www.amctheatres.com/amcstubs/alist
3 month committment, once you cancel you can't resub for 6 months. You get AMC points for your monthly sub fee ($19.99 or 2000 points basically) but you do NOT get points for tickets you buy thru A-List, as expected. No restrictions on advance reservations or anything other than no more than 3 at a time. They will check ID at checkin time so you can only buy tix for yourself. Only works on amc app/website, does not work on fandango/atom/etc. Does not work on fathom events, double features, marathons, etc.
They mention something about if you have existing dolby/imax tickets you can "convert" it to A-List after you signup. I have paid tickets for Ant-Man, wonder what they will do for it.
Signups will open June 26th online, I'll definitely be signing up and seeing Jurassic World in Dolby Laser the same day, Soldado that weekend, Ant Man 2 next week, and Mission Impossible 6 (5?) the end of the month. Thats already fantastic. And no fucking ticket stubs, having to "check in", be able to reserve seats weeks in advance. Sooooo good.
Because a deal with Regal or something will instantly skyrocket that stock into a safe range for the time being. Why would Regal make that deal? Because if AMC's service gains traction, then Regal's going to get screwed. Might as well align with all the other theaters and try to take that out. The enemy of my enemy is my friend, one bird in hand is worth more than two in the bush, etc.
Guaranteed? MoviePass is better for them than trying to compete with AMC. If you try to make your own, AMC's wide spread is automatically going to look more appealing and you're going to be fighting an uphill battle the entire time. If you align with other chains under MoviePass, you can counter that and let MoviePass offer a better deal to consumers, which means those consumers might choose MoviePass (and therefore not lock themselves out of your theaters entirely by signing up with AMC). It's still not ideal, but it's the better of two evils to go with MoviePass. That's why many small chains already have.
There's far more nuance to this than you imply.
Regal could very easily launch their own service though.
MoviePass offers no real benefits that major chains can't easily replicate. The MoviePass service is not user-friendly, they have terrible customer service, a constantly changing TOS and new restrictions, there's the constant fear of them going under. Partnering with them is a nightmare waiting to happen. And more importantly, partnering with MoviePass would mean giving up a significant percentage of money and placing the future of your company in the hands of a middleman.
It only makes sense for the very small chains that cannot afford to launch their own subscription programs like this.
The sole benefit that MoviePass offers -- being able to use their card at any theater chain -- is the exact opposite of what theaters want. They want to lock you into their specific chain of theaters, that's the purpose of their loyalty/rewards systems.
Ugh fucking AMC. I'm in the pflugerville/round rock area of Austin and try to avoid AMC at all costs. The cinemarks near me were both remodeled within the last year and are amazing.
In the event moviepass shuts down I don't know if I'd switch to AMC.
Will definitely be supplementing my Moviepass with A-List. Great deal.
You're going to sub to both? How many movies can you possibly see? :)
Regal could offer their own service and it would be better than MoviePass. Obviously. That doesn't mean it's a good idea. Let's imagine your future real quick. AMC, Regal, Cinemark and Alamo Drafthouse all have their own subscription services. All other theaters have been run out of business. AMC, Regal and Cinemark have their own cities basically with a few theaters in other cities like they do now. Now let's say Regal wants to expand and get a theater in a city that AMC dominates the market in. Who will go to this theater? All the even remotely consistent movie-goers have an AMC pass in that city obviously, so they can't go to the Regal. How does Regal's new theater ever gain traction? It doesn't. That's the problem. If everyone has a subscription plan, the end result is that theater chains create bubbles where they have the market and they can never expand.
What MoviePass offers a theater chain is that it will have subscribers in every market. So when you want to expand to a new market, you won't be a fish out of water. You'll instead have a userbase already there, ready to purchase tickets if they like what you're offering. That's what we have now. Theaters like this setup obviously, or they would have made subscription programs a long time ago. Subscriptions are the nuclear option because they stifle growth in the long term when everyone does it. Loyalty cards are not comparable as the benefits are not nearly enough to cause someone to not go to another theater (they just make you slightly more likely to go to one you like if possible).
The benefit of MoviePass, using it at any chain, is actually not the opposite of what theaters want. They want everyone to go to only their theaters, yes, but a subscription program only gets your subscribers to do that. It doesn't catch new people in new markets.
As for "giving up a significant percentage of money", that's a ridiculous idea. Small chains might have to, but you can bet for sure Regal's not going to play ball with that and MoviePass is hardly in a spot to negotiate. Regal can get themselves a great deal. Hell, MoviePass might even accept e-ticketing with no strings attached. That would be a major boon for them and it would help Regal quite a lot as well. They'd get all the benefits of a subscription plan without having to foot the bill on it. Obviously making a deal with MoviePass is making a deal with the Devil, but that could be a good idea here depending on the terms. You cannot assume what those will be.
As for "placing the future of your company in the hands of a middleman," no. Regal can make their own subscription at any time right now. If MoviePass starts falling apart, they'd not be in a deal they couldn't back out of and make their own subscription to replace it before their customers set sail to AMC.
You are vastly underestimating the power Regal has right here.
Yeah I can see myself signing up for it during Holiday/Oscar Season and Summer season twice a year. 120 a year is just as much as movie pass.There is actually a 3 month commitment. If you even only see two movies a month it is still worth it if you enjoy going to the movies. Anything after that is gravy.
I would jump on the AMC deal in a heartbeat if I had any decent theaters around here. I love moviepass, but I don't know how long it will last and the restrictions really suck sometimes.