This guy was a founder of Netflix and thinks that he can create and sell subscriber profiles and make money doing this. I've seen 25 movies this year and saw 53 movies last year, which would have represented $190 out of pocket under this model. If my local theater subscribes, which I don't know if they will, how can there be a downside using this until they fail? Imax and 3D showings are excluded, which is no big deal for us. This would be a huge money-saver for me. Maybe create a new throwaway email account for this along with a disposable credit card or Paypal account so anything they collect doesn't tie back to you and you're gold.
This is going to involve some very creative accounting since so much of the direct ticket sale goes straight to the movie maker/distributor, now they're adding another layer in to that mess.
I cannot see this as a long-term viable business model, but if my local chain is stupid enough to buy in to it (I just sent them an email asking about it), then I'm willing to exploit their stupidity while paying ridiculous concession prices to help them stay afloat.
https://www.bloomberg.com/news/articles/2017-08-15/netflix-co-founder-s-crazy-plan-pay-10-a-month-go-to-the-movies-all-you-want
https://entertainment.slashdot.org/story/17/08/15/1557222/netflix-co-founders-crazy-plan-pay-10-a-month-go-to-the-movies-all-you-want
This is going to involve some very creative accounting since so much of the direct ticket sale goes straight to the movie maker/distributor, now they're adding another layer in to that mess.
I cannot see this as a long-term viable business model, but if my local chain is stupid enough to buy in to it (I just sent them an email asking about it), then I'm willing to exploit their stupidity while paying ridiculous concession prices to help them stay afloat.
https://www.bloomberg.com/news/articles/2017-08-15/netflix-co-founder-s-crazy-plan-pay-10-a-month-go-to-the-movies-all-you-want
https://entertainment.slashdot.org/story/17/08/15/1557222/netflix-co-founders-crazy-plan-pay-10-a-month-go-to-the-movies-all-you-want