MoviePass Is Imperfect But Delivering an 'Amazing Value,' CEO Says

MoviePass Is Imperfect But Delivering an 'Amazing Value,' CEO Says

Assessment

Interactive Video

Business, Performing Arts

University

Hard

Created by

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FREE Resource

The transcript discusses the challenges and strategies of a movie subscription service. It highlights the issue of super consumers who watch more than three movies a month, leading to high costs. The service faces technical issues and competition from other providers like AMC. The company aims to focus on occasional moviegoers and plans to achieve profitability by reducing usage to one movie per month per subscriber and increasing advertising revenue. Partnerships with studios and other revenue streams are explored to sustain the business model.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the core problem identified with super consumers in the movie subscription service?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of subscribers are responsible for a significant portion of the company's costs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the average number of movies watched by subscribers compare to the business model's sustainability?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to address technical issues faced by subscribers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's strategy for targeting occasional moviegoers?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes were made to the subscription service to address profitability?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the additional revenue opportunities mentioned beyond the subscription fees?

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