Company Performance Metrics
MoviePass is a subscription service that allows customers the freedom to see movies in theaters at a fixed monthly price. With the use of location-based mobile technologies, the user will have the ability to check into their movie theater of choice and share their movie-going experiences with their peers through their favorite social networks. The
user will also have the ability to rate each movie and theater experience after the film.
The current MoviePass model offers tiered subscription plans starting at $10 per month. Subscribers receive a set number of credits each month, which can be redeemed for movie tickets at over 4,000 participating theaters nationwide. The credit system is dynamic, with the number of credits required for a movie varying based on factors like showtime and popularity. Unused credits can roll over for up to two months, providing flexibility for users.
