Movie Ticket Subscription Service - Theater

MoviePass continues to grow, with over 2 million subscribers paying $9.95 (or less) a month to see one movie every day in theaters. It’s an incredible bargain, but it’s one that has seen MoviePass hemorrhaging money to the tune of $150 million in 2017. Some think MoviePass won’t last, but the company has their sights set on continuing to grow their customer base and selling the valuable consumer data about their movie habits that comes with it.

Though MoviePass may be good for the consumer, it’s certainly rubbing movie theater chains and distributors the wrong way. Even though they’re being paid the full price for movie tickets bought with MoviePass, they’re worried that the service will go under, leaving all the customers who were flocking to movies more often demanding to pay equally low prices for their tickets. They’re also worried about having to strike a deal with MoviePass that would have them give up part of their ticket or concession sales. So what are the movie theaters trying to do to counter those fears? Create their own subscription service, of course. Read More »

Laika's next film

Laika, the animation studio behind Coraline, ParaNorman, The Boxtrolls, and their most recent movie Kubo and the Two Strings, has teamed up with Megan Ellison‘s Annapurna Pictures for their untitled fifth film, currently being referred to as “Film Five.” Hugh Jackman, Zoe Saldana, and Zach Galifianakis will star, and ParaNorman director Chris Butler is at the helm. Read more about Laika’s next film below. Read More »

Eternals Movie

Just a few days ago, we wrote about a rumor that was making the rounds that said Marvel Studios was developing a film based on the Eternals, a genetically enhanced race created by Marvel Comics legend Jack Kirby. Now producer Kevin Feige has given an Eternals movie update and confirmed that a film featuring those characters is in active development – potentially being eyed as a part of the studio’s upcoming Phase 4 slate. Plus, he teased the possibility of a Moon Knight movie. Read his quotes below. Read More »

Black Panther 2 director

Excitement is ramping up for Avengers: Infinity War, and the gargantuan success of Marvel Studios’ Black Panther earlier this year has a lot to do with that. We know we’ll see T’Challa, Shuri, and a majority of the Wakandan residents again later this week as they battle Thanos’ army, but who will be at the helm the next time we return to Wakanda for a sequel to Black Panther? Will Ryan Coogler return as the Black Panther 2 director? Read what Marvel Studios president Kevin Feige had to say about that below.
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Firebase

Update: That was fast. After planning to crowdfund his new movie Firebase, director Neill Blomkamp has decided to nix the whole idea. Blomkamp took to Twitter to announce that the idea was dead after not raising enough funds.

I’m assuming Blomkamp will try something again, soon.

The original story follows below.

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After a stint making movies the traditional way, Chappie director Neill Blomkamp wants to turn to crowdfunding to make his next film, Firebase. Blomkamp isn’t interested in offering a lot of perks, or using money frivolously. He just wants to put all the money up on the screen, and use it to generate even more money for even more features. Unfortunately, the demand just wasn’t there, and Blomkamp has given up on the idea.

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Netflix vertical movie previews

Netflix, wyd? The streaming service and constant content producer has decided to pound another nail into the coffin of cinema and start providing TV and movie previews in vertical orientation for mobile phones. More on the Netflix vertical movie previews below.

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Guillermo del Toro Dreamsworks Animation deal

Very busy filmmaker Guillermo del Toro just added several more projects to his plate. The Shape of Water director just inked a deal with Dreamworks Animation to write, produce, and direct animated family films for the studio. Does this mean we’re about to get the Guillermo del Toro reboot of Shrek? No, it does not, but we can dream.

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Netflix Movie Theaters

Netflix has already changed the face of entertainment by making the streaming subscription service one of the most popular ways for people to watch movies and TV shows. However, their arrival on the scene also created a contentious relationship with movie theater owners, which is a problem since movies need to screen in theaters in order to be eligible for Oscars. But Netflix may have a plan to fix that issue.

A new report indicates that Netflix has explored the idea of buying their own movie theaters in Los Angeles and New York, giving them the ability to showcase their own movies on the big screen in order to qualify for awards season honors.  Read More »

MoviePass Losing Money

MoviePass is still shaking up the movie industry. With over 2 million subscribers racked up for their service, which provides one free movie ticket to users each day for the low price of $9.95 a month (or lower for some new subscribers who caught the right promotional deal), the service is pushing more people into theaters than otherwise would be buying tickets.

However, since MoviePass has such a large consumer base paying a low price for a service that costs less than even a single movie ticket in most markets, the company is hemorrhaging money. When the service skyrocketed to popularity in 2017, it resulted in owner Helios & Matheson losing $150.8 million, which is a significant bit higher than the $7.4 million loss that the company reported before the acquisition of MoviePass. Should subscribers be worried that MoviePass won’t last? Read More »

steven spielberg box office

Have you ever heard of this Steven Spielberg guy? He seems like an unknown, but as it turns out, with the box office success of Ready Player One, Mr. Spielberg is now the first director in film history whose movies have topped $10 Billion at the worldwide box office. More on that sweet, sweet Spielberg box office below.

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