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The Insane Number Of Subscribers MoviePass Thinks It Will Have By The End Of The Year
Ever since MoviePass dropped its monthly subscription price to $10 last year, it seems like every week there is a new story about the disruptive service, as consumers sign up in droves and the industry waits to see if this is a passing phase or a permanent shift. The subscription service is growing at a rapid pace and if MoviePass and CEO Mitch Lowe have anything to say about it, this is the future of moviegoing. If MoviePass is right about its subscriber growth, it will be hard to argue. The company is now expecting to hit an insane 5 million subscribers by the end of the year.
At the Entertainment Finance Forum (via Media Play News), MoviePass CEO Mitch Lowe, said that the company expects to hit 5 million subscribers this year, up from its current number of over 2 million subscribers. The 2 million the service now boasts accounts for 6% of ticket purchases. The 5 million number on its own might not seem that that impactful, but when you consider that it could make up 20% of all ticket sales, that is downright bonkers. If MoviePass does indeed achieve this goal, you have to imagine that the impact would be monumental.
Despite this huge subscriber goal, there are still some questions about sustainability. The see-one-movie-a-day service seems too good to be true and too expensive to maintain. However, as the service grows, it expects more casual users to help offset those who use it a lot. MoviePass is also looking to monetize consumer data about when people go to the theater and where they go afterwards in order to form partnerships with restaurants, retailers and theaters to promote a complete movie night experience through the app. Of course, not all theaters are on board with this, but if one-fifth of all tickets start being sold through the subscription service, MoviePass will be harder to ignore.
The box office was down last year, but more alarming is the continuing decline in attendance. MoviePass says that it wants to reenergize moviegoing and getting more people out to the theater is a part of that. The service is apparently already growing attendance at non-blockbuster films while bringing in the coveted millennial demographic and people who don't usually go to the movies. This gives MoviePass a great deal of leverage, though and MoviePass has already flexed this power with Red Sparrow this weekend. This power will likely only grow as the service adds subscribers so this next year will be very interesting as this disruptive force in the industry shakes out.
Whether you use MoviePass, one of the alternatives, or plain old-fashioned money, there are plenty of reasons to visit the theater this year, check them out in our release guide. For all the latest in how $10 a month is the key to world domination, stay tuned to CinemaBlend.
Evan Peters, who portrayed Quicksilver in both X-Men: Days of Future Past and X-Men: Apocalypse, is set to return to the franchise with Dark Phoenix. During an interview with Collider , he explained that, this time around, things feel a lot different, and the vibe is closer to First Class than any of the other X-Men installments:
As to whether or not Zack Snyder's cut of Justice League actually exists, that's a whole other argument.Man of Steel star Henry Cavill doesn't even know if the cut exists, and he was in the movie
Henry Cavill Doesn't Think Snyder Cut Makes Financial Sense
Home Entertainment TV & Movies X-Men Producer Really Wanted An All-Female Team Movie. X-Men Producer Really Wanted An All-Female Team Movie but the First Class
MovieNewsroom | What Excites X-Men Producer Hutch Parker The
movienewsroom.com/news/what-excites-x-men-producer-hutch-parker-the-most-about-the-team-s-move-to-marvel/23445
You do not have to jump from site to site to check all interesting stories about latest movies and TV Shows. This site is making that jumps for you! MovieNewsroom | What Excites X-Men Producer Hutch Parker The Most About The Team's Move To Marvel
An All-Female X-MEN Movie Was Pitched To Fox By A Longtime
Agent Coulson Was Originally Going To Have A Way Smaller Part In Iron Man, According To Clark Gregg 3 months ago Agent Phil Coulson will long be remembered as one of the most important lynchpins of the Marvel Cinematic Universe.
Agent Coulson Was Originally Going To Have A Way Smaller Part
So here's a rundown on the video game series that inspired the movie. The Rock's next blockbuster is based on a video game, but not a recent one. Subscribe To Rampage: What You Need To Know About
Rampage (2018) - Rotten Tomatoes
Melissa McCarthy takes a look back at the unprecedented backlash to the "Ghostbusters" (2016) remake that she starred in with Kristen Wiig, Kate McKinnon, Leslie Jones, and Chris Hemsworth.
Melissa McCarthy on 'Ghostbusters' backlash [Video]
Tom Cruise has reportedly put the filming of Top Gun 2: Maverick on hold so that he can learn to fly a fighter jet. Cruise is notorious for doing his own stunts, and prior to filming the Top Gun
Filming Of 'Top Gun' Sequel Reportedly Delayed SO Tom Cruise
Ahead of Freeform's 25th anniversary Hocus Pocus celebration, Thora Birch explains she really didn't love Thackary Binx. The actress actually didn't get along with her feline co-star, both machine
Hocus Pocus' Thora Birch Didn't Love Her Cat Co-Star
On the heels of the 20 minutes of Avengers: Endgame footage that was screened for select members of the press in South Korea, a detailed Reddit post claims to have inside information as to what
Who should get the maximum screen time in Avengers: Endgame
Embellishing the cloak is fun and easy! Dr. Strange's Cloak of Levitation has these fun swirls along the trim reminiscent of a psychedelic topographical map. Turn your brain off for awhile and doodle away with the fabric paint, creating swirling lines, concentric circles and nonsensical patterns.
So, the trailer has the Marvel logo attached to it. You can check out the new Venom trailer below. Alongside the trailer, the filmmakers also released a new poster that showcases the two sides of the anti-hero. It shows Tom Hardy in mid-transformation as Eddie Brock a.k.a. Venom as the symbiote covers half of his body.
New Venom Images Tease Eddie Brock's Transformation | Collider
collider.com/new-venom-images-tom-hardy/
A whole batch of new images from 'Venom' tease Tom Hardy's life as Eddie Brock as well as his transformation into the Symbiote known as Venom.
New Venom Poster Teases Eddie Brock's Bond With Symbiote
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