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Why MoviePass Failed As A Business | Ep. #1175
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In episode #1175, we talk about why MoviePass failed. Most of us remember MoviePass from a while back, a service that promised something that seemed too good to be true. Well, it turns out that it was a bit too good to be true and we unpack what contributed to its demise. So tune in to hear it all!
TIME-STAMPED SHOW NOTES:
[00:25] Today’s topic: Why MoviePass Failed as a Business.
[00:30] What was MoviePass? Do you remember it?
[01:08] What we can learn from their business model.
[02:41] Going for sustainability over initially undercutting competition.
[03:01] The example of WeWork and high costs against income .
[04:01] Reliable operators as the foundation of successful business.
[04:40] That’s it for today!
[04:41] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information.
Links Mentioned in Today’s Episode:
MoviePass
Crunchbase
Helios
WeWork
Uber
Lyft
Blockbuster
Netflix
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