MoviePass Wants to Be Netflix to Costco's Lament
The best way to make an unsustainable model even more likely to implode is to make it even cheaper, and that's just what Helios and Matheson's (NASDAQ: HMNY) majority-owned MoviePass is doing by teaming up with Fandor to offer a discounted annual plan through Costco (NASDAQ: COST) this week.
Costco.com will be selling an annual subscription that includes MoviePass and movie streaming site Fandor for $89.99. Only Costco members can purchase the deal, and it will only be available through Monday of next week. MoviePass is the fast-growing service that allows multiplex customers to see a daily film screening as often as they would like for $9.95 a month. The more obscure Fandor offers streaming access to a catalog of thousands of indie and international films for $4.99 a month. Paying the monthly rate for both services would set you back $167.28, so Costco's limited-time offer is a pretty good deal. The real question here is if it will be a pretty good deal for the three companies tethered in this odd promotion.
Image source: MoviePass.
Source: Fool.com
Costco Wholesale Aktie
Starke Kaufsignale für Costco Wholesale: Keine Sell-Einschätzungen, nur Buy-Einschätzungen.
Mit einem Kursziel von 830 € für Costco Wholesale könnte eine leichte Steigerung gegenüber dem aktuellen Kurs von 812.3 € erreicht werden.
