
How MoviePass Bombed at the Box Office with Jamie Loftus and Austin Nasso | 33
The Big Flop
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The Rise and Fall of MoviePass
This chapter follows the journey of Stacey Spikes from a Video Store Clerk to founding the Urban World Film Festival, before proposing the concept of movie subscriptions to revive theater attendance. It explores the disruptive pricing structure of MoviePass, the challenges of canceling subscription services, and the unsuccessful profit strategy based on 'breakage' in the movie industry.
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