SpreadsheetAg said:
I wonder if they have a "Travelocity" arrangement where unsold seats they can get discounted within 24 hours of showtime?
Doubtful. Even if the movie theater gives free passes to people, they still have to pay the distributor their percentage of the full ticket price.
So if MoviePass gives them $5 for the movie ticket that sells for $9 and their deal is 60%, they still have to give $5.40 to the distributor, so the movie theater just lost $.40. Now, they will break even on the previews, but overall that is a losing proposition.