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Streaming Movie Service That Costs $3,600-A-Flick Struggles To Find Enough Plutocrats

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Streaming Movie Service That Costs $3,600-A-Flick Struggles To Find Enough Plutocrats

Postby MrFredPFL » Thu Dec 19, 2019 2:30 am

Story : https://www.gizmodo.com.au/2019/12/streaming-movie-service-that-costs-2500-a-fli





Members of the jet-set who are too good to mix with the filthy hoi polloi can now pay a $US15,000 ($21,887) fee and $US2,500 ($3,648) per movie to skip the local cinema and watch first-run films in the comfort of their gilded estates via Red Carpet Home Cinema, which launched in the U.S. in October. Its reverse-Moviepass business model is not going as well as planned, Bloomberg reported on Wednesday.

Red Carpet was previously reported to have signed contracts with major studios, but it’s “attracted just a sliver of the customers it hopes to sign up in the U.S. in the next two years,” Bloomberg wrote.

Founders Fredric Rosen and Dan Fellman are seeking to enroll around 3,000 customers, which would rake in $US45 ($66) million in signup and installation fees alone. The New York Times wrote earlier this year that customers are also required to have “a credit card with a limit of at least $US50,000 ($72,956),” which would pay for access to 20 movies at the quoted going rate.







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