MoviePass Says Its Changes Are Helping It To Stay In Business

By  at Mei 31, 2021  , , ,  No comments
MoviePass Says Its Changes Are Helping It To Stay In Business

If you've been keeping tabs on MoviePass over the last few months, you should know the newly cheap subscription company has changed some policies around since enacting its movie-a-day service for just under $10 bucks a month. Most recently, MoviePass began halting repeat viewings of movies right around the time that Avengers: Infinity War came out. The move was one of a few that has come as the newly cheap service has tried to figure out how to make money off of subscribers while losing money off of their movie-viewing habits. Now, MoviePass is saying the changes are helping the company to stay in business. In fact, the most recent notes from parent company Helios and Matheson Analytics indicate the changes allowed MoviePass to reduce its cash deficit during the first week of May by more than 35%.

In a new report detailing earnings with the Securites and Exchanges commission, MoviePass said that between September 30th of 2017 and April 30th of 2018, the company had an average cash deficit of $21.7 million a month. On average. In May, the small change to subscribers' attendance habits allowed the company to reduce the deficit by 35% during the first week, and the month isn't even close to over. Obviously, for a company to stay in business over the long haul, it needs to be making money every month and not seeing a deficit every single month. Although MoviePass has made changes, including altering the number of times a subscriber can see a movie and previously blocking users from going to certain theaters or screenings, the company clearly still has a cash deficit and more changes may (read: should) be on the way.

Six months ago, MoviePass made the decision to alter its terms of use in order to be able to make changes to the way MoviePass worked on a given moment. That freedom to make changes could be the reason that MoviePass is able to stay afloat as it adds on more subscribers and is responsible for covering more movie tickets. However, that doesn't mean the users are happy about the changes being made.

In the most recent filing, the company does note that the cash deficit should "vary significantly" in the months to come, as MoviePass is required to purchase tickets for its subscribers when they want to go to the movies. This is left unsaid, but the more movies that are in theaters that people want to see, the more tickets the company is likely to have to purchase, and we are heading into the summer season---a time when kids are off of school and new movies are plentiful. If MoviePass is able to make it through the summer season and into its second year with the $9.95 MoviePass subscription, it will likely have a better idea about what the movie-going cycle looks like, although even that varies by year.

As part of the new filing, MoviePass addresses the changes to moviegoing habits, noting,

Because the length of time and costs associated with the development of the MoviePass and MoviePass Ventures business model is highly uncertain, we are unable to estimate the actual funds we will require. If we are unable to obtain sufficient amounts of additional capital, whether through our Equity Distribution Agreement or otherwise, we may be required to reduce the scope of our planned growth or otherwise alter our business model, objectives and operations, which could harm our business, financial condition and operating results.

The company assumes it will continue adding new subscribers into 2019, but it's clear this business model is not on certain footing yet. The company has previously discussed selling data and making partnerships with movies as other viable means of revenue, and we'll keep you updated as MoviePass keeps tinkering with its model as it tries to keep its customer base happy, all while managing to stay afloat.





Mind you, IMAX Enhanced movie titles will also be available on Ultra HD Blu-ray, a boon for viewers who don't have the bandwidth to support 4K streaming. But the point here is that viewers with compatible Sony televisions will have a streaming option that's dedicated to IMAX Enhanced.
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That Time The Nun Director Saw Ghosts On His Film Set

By  at Mei 30, 2021  , , ,  No comments
That Time The Nun Director Saw Ghosts On His Film Set

Do you want to know one sure-fire way to make your horror movie 100% scarier? Have actual ghosts visit your film set. If this practice actually works, then Corin Hardy's The Nun will be bone-chillingly terrifying, as the director spins an unnerving story of an encounter he had with two spirits while trying to secure a complicated shot in a creepy Romanian castle. Really, it's better to let Hardy tell this story. He relays it really well:

Did that send chills down your spine? We listened to Corin Hardy tell this story during New Line's ScareDiego horror film-fest event, which has become an annual tradition for horror lovers on Wednesday night as the kickoff of Comic-Con. So when The Nun director swung by CinemaBlend's interview suite in San Diego, we asked him to rekindle some of our worst nightmares by relaying it one more time. He added a few juicy details. It doesn't disappoint.

This is why we are holding out hope that The Nun won't disappoint, either. And the footage that we saw from the movie at ScareDiego goes a long way toward setting up another satisfying chapter in the growing Conjuring Shared Universe. The character of the Nun was recently showcased in James Wan's The Conjuring 2, and Wan receives screenwriting credits on Corin Hardy's feature film (alongside Gary Dauberman, who is directing the next Annabelle movie). And Hardy tells CinemaBlend that The Nun will explore some of the valuable backstory of the malevolent force that threatens a novitiate (Taissa Farmiga) and a seasoned priest (Demian Bichir) when they investigate a nun who takes her own life.

As fun as Corin Hardy's story was, the sight of him holding a small doll of his terrifying nun while also wearing a mock Infinity Gauntlet basically wins the day at the CinemaBlend video suite:

The Conjuring universe continues to grow with new horror tales like The Nun, which looks to take full advantage of the fact that it's set in the 1950s, and shot in Romanian castles and fortresses. The footage that we were able to see at the ScareDiego event had a mood and an atmosphere that was different from anything established in either James Wan's Conjuring films, or the two Annabelle stories. And Corin Hardy suggested that The Nun could inspire a traditional sequel, or it could lead to a spinoff for a potentially interesting character that people will meet in this movie... much the same way that audiences were introduced to the Nun in a Conjuring film, giving her a new platform of her own to terrify.

The Nun opens in theaters on September 7.






Seemingly haunted movie sets are nothing new, yet everytime news breaks of another one being added to the list is always exciting. Corin Hardy, director of The Nun, told CinemaBlend about a strange encounter he had on set, fueling anticipation for the upcoming film.
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A priest with a haunted past and a novice on the threshold of her final vows are sent by the Vatican to investigate the death of a young nun in Romania and confront a malevolent force in the form
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That Time The Nun Director Saw Ghosts On His Film Set July 23, 2018 admin 0. Have actual ghosts visit your film set. If this practice
The Nun - CINEMABLEND

When Joaquin Phoenixs Joker Movie Will Be Released

By  at Mei 29, 2021  , , ,  No comments
When Joaquin Phoenixs Joker Movie Will Be Released

The Joker is unquestionably Batman's greatest enemy, and after antagonizing the Caped Crusader in several live action movies, the Clown Prince of Crime is snagging the cinematic spotlight for himself. It's been nearly a year since it was announced that The Joker would lead a standalone movie that's unconnected to the DC Extended Universe, and after months of rumors, it was finally confirmed last week that Joaquin Phoenix will play this incarnation of the cackling villain. Now word's come in that we won't have to wait too long to see this origin story air on the silver screen, as Phoenix's Joker movie has been dated for October 4, 2019.

With this scheduling announcement on the eve of San Diego Comic-Con, this means that three DC Comics movies will arrive in 2019. Shazam! and Wonder Woman 1984 were already slated for May 5 and November 1, respectively, and now fans can look forward to this Joker movie coming a month before Diana of Themyscira's sequel. It was also announced (via THR) that this Joker movie will simply be called Joker; short and to the point. Joker's competition that opening weekend will include Gemini Man from Paramount Pictures, Zombieland 2 from Columbia Pictures and The Woman in the Window from Fox Searchlight.

Budgeted at around $55 million, which is significantly less than what most DC Comics movies cost to make, Joker is being directed by The Hangover's Todd Phillips, who co-wrote the script with Scott Silver. Officially, all we know about the movie is that it's described by Warner Bros as an "exploration of a man disregarded by society [that] is not only a gritty character study, but also a broader cautionary tale." Already that description and budget indicate that Joker will be a different, more experimental kind of movie compared to previous DC Comics movies. Unofficially, it's been reported that Joker will be set in the 1980s adapt The Killing Joke, the Alan Moore-penned and Brian Bolland-illustrated story that portrayed the character as a failed comedian who turns to a life of crime after one bad day.

With Joker moving full speed ahead, that means we'll have two live action Jokers on the big screen simultaneously. Jared Leto debuted as the DCEU's Clown Prince of Crime in 2016's Suicide Squad, and along with reportedly reprising the role for Suicide Squad 2, Leto is also reportedly getting ready to lead his own Joker movie. So far Joaquin Phoenix is the only actor attached to Joker, but supposedly Frances McDormand was being eyed to play Joker's mother, though she passed on the role. There's still no word on if other established Batman characters, including the Caped Crusader himself, will appear in the movie.

Joker will begin production later this year, so stay tuned to CinemaBlend for continuing coverage on its progression. As for the movies arriving a little sooner, browse through our 2018 release schedule.





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