Business
MoviePass is still standing and the company’s statement is wild
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.
Among the bullet points, and apropos of nothing, MoviePass claims responsibility for “12 percent of the entire theatrical run” of the documentary RGB, and yes the official post did italicize “entire.”
“Instead of wishing us away, the industry, particularly the independent film producers, should be congratulating and supporting us,” the article reads. Seriously.
The statement concludes with MoviePass acknowledging a “rough patch” in its early enterprising stages, which is entirely valid and much more palatable a fact when not dripping with prickly disdain.
So yes, MoviePass is still kicking – if you can get it to work – and with no immediate plans to dissolve the business. Based on that statement, at least we know they’ve got spunk.
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