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MoviePass / Fail?

NPR

If you pay MoviePass 10 dollars a month, you can go to the movies every day. That's a dream for movie buffs, and it's attracted a lot of subscribers. But it also means the company is losing millions of dollars every month.

But this business model — lose lots of money up front and find a way to be profitable later — is becoming more common these days. But is it really sustainable? Today on the show, how MoviePass CEO Mitch Lowe is trying to come up with an answer.

Music: "Against All Odds"

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Copyright 2021 NPR. To see more, visit https://www.npr.org.

Danielle Kurtzleben is a political correspondent assigned to NPR's Washington Desk. She appears on NPR shows, writes for the web, and is a regular on The NPR Politics Podcast. She is covering the 2020 presidential election, with particular focuses on on economic policy and gender politics.
Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.
Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.