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"
Find us: Twitter/ Facebook.
Subscribe to our show on Apple Podcasts, PocketCasts and NPR One.