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re: MoviePass Lost $150 Million in 2017
Posted on 4/19/18 at 3:22 pm to TheWalrus
Posted on 4/19/18 at 3:22 pm to TheWalrus
quote:
Their business model is nonsensical
If their source of revenue was strictly from subscribers I would agree with you; however, I see them using these cheap rates to gain popularity so they can make money off of (as someone else pointed out) selling data and going public. Wall street trading is where the money is made.
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