The issue has lost more than 98% of its value this year and has continued to decline in recent weeks in the wake of AMC’s launch on June 20 of a discount pricing program, allowing customers to see three movies a week for a $19.95 monthly fee. MoviePass has more than 3 million subscribers and allows customers the chance to see a movie a day for a monthly fee of $9.99. But Wall Street has been losing faith in whether MoviePass can survive by selling data about its customers and striking marketing partnerships.
Tag: 07.16.18
Netflix Adds Only 600K Subscribers In Q2 And Its Stock Price Plunges
The company reported 670,000 streaming net adds domestically and 4.47 million internationally. Wall Street analysts expected 1.23 million net adds in the U.S. and 5.11 million overseas for the period (slightly higher that Netflix’s prior guidance).
“Boys In The Band” Becomes First Broadway Show Of This Season To Recoup Its Investment
Boys in the Band, a revival of Mart Crowley’s 1968 play about a group of New York gay men celebrating – or not – a birthday party, was, as usual, close to SRO, with paid attendance of 6,058 at 98% of capacity, for a total gross of $929,338, 97% of the $957K potential.
Is Economics Incompatible With Humanities?
Economics, Morson and Schapiro say, has three systematic biases: it ignores the role of culture, it ignores the fact that “to understand people one must tell stories about them,” and it constantly touches on ethical questions beyond its ken. Culture, stories, and ethics are things that can’t be reduced to equations, and economics accordingly has difficulty with them. Morson and Schapiro’s solution is to use the study of the humanities, and particularly of realist fiction, to broaden perspectives and to reintroduce to economics those three missing factors.