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New people signing up and using their service actually will accelerate their demise. They pay the movie theatres full price.



They recently switched their pay model to upfront quarterly, which gives them an influx of cash short term. Not a good sign for long term but it will keep them afloat and allow everyone to burn VC money for a bit longer. In their minds, I'm guessing that as long as they grow exponentially or close to, they will eventually have the leverage over theatres they need to get a cut of concessions.




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