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Has MoviePass Figured Out How To Stop Losing Money On Every Subscriber?

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In September, MoviePass subscribers' average monthly usage was down to below one movie per month. In March, when the company had close to three million subscribers, it was averaging just over two movies per month. According to Business Insider, the lack of usage could be the only thing that's keeping the business afloat. The drop is usage has been attributed to a variety of factors, including changes to the monthly plan, poor customer service, and the rise of competitors like AMC Stubs A-List and Sinemia. In October alone, tens of thousands of subscribers canceled their service.

Added on the 27/11/2018 13:10:00 - Copyright : Wochit

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