Explaining the Business of Entertainment
Sometimes, a statistic is just crazy enough to make it the story of the week. This month that’s this: At various times in June of 2021, AMC Theaters was more highly valued than half of the S&P 500. That’s crazy enough to be… Most Important Story of the Week –
Often, when I write a long article, I have extra thoughts. MoviePass—and its demise—may be my “story of the decade”, when judging off the “hype-to-cash flow” metric. (Remember when I used it to explain subscriptions? Or logarithmic distribution of returns?) Recently, I wrote about the lessons of MoviePass’s demise at
I’ve been a little light in non-Weekly Update articles this month because I’ve been writing some new pieces for other entertainment outlets. My first has gone up at TV-Rev so check it out and share. It’s on MoviePass, who I’ve been writing/thinking about for a while. As a company, MoviePass’s rise
To put it simply—why not just answer the question in the title early for once?—customers love (some) subscriptions because the consumer surplus is tremendous! Yesterday’s post really captured why customer hate some companies, so let’s explain the few times when customers love subscriptions. Let’s be clear: in the digital age,