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He just wanted to see Mission Impossible. And his retirement plans will have to change.

00:00 - 00:03 We have a great many entertainment options

00:04 - 00:05 for your big weekend.

00:05 - 00:07 Here at the river

00:08 - 00:12 is a quite pleasant place to sunbathe.

00:12 - 00:15 I have taken the liberty to pack your sunscreen and swim trunks.

00:17 - 00:19 Forget the river.

00:19 - 00:21 I want to see Mission Impossible.

00:24 - 00:26 My Fuhrer

00:27 - 00:28 MoviePass

00:31 - 00:33 MoviePass has run out of money.

00:34 - 00:36 Your card no longer works.

00:53 - 00:58 Everyone with a Sinemia subscription or AMC A-List plan may leave.

01:13 - 01:15 What do you mean MoviePass doesn't work!

01:15 - 01:17 It's "Unlimited. Any Movie. Any Day"

01:18 - 01:23 Mitch Lowe promised me he had plenty of money!

01:25 - 01:28 Ted Farnsworth

01:29 - 01:31 he claimed a line of credit

01:31 - 01:34 of three hundred million dollars.

01:34 - 01:37 But now they have nothing!

01:37 - 01:40 I knew this sounded too good to be true!

01:40 - 01:42 My Fuhrer the e-ticketing feature is still working.

01:42 - 01:46 I don't live near an e-ticketing theater. Nobody does!

01:46 - 01:48 My Fuhrer, the company just received $5 million...

01:48 - 01:52 You think $5 million will save them?

01:53 - 01:54 Their entire business model

01:56 - 01:57 was financially impossible

01:57 - 02:00 Let's lose money on every customer

02:00 - 02:03 and then try to grow as rapidly as possible.

02:04 - 02:08 The customers' data was never going to be worth enough...

02:08 - 02:13 to make up the difference when you lose $40 on every customer every single month.

02:14 - 02:16 But oh Mitch and Ted thought they were so clever

02:17 - 02:21 The reverse stock split and surge pricing ideas were pure genius!

02:27 - 02:29 I just want to see Mission Impossible.

02:30 - 02:34 Tom Cruise is the actor of our generation!

02:34 - 02:36 A real man who does his own stunts.

02:41 - 02:42 I bought a MoviePass

02:43 - 02:47 because all of you kept going on about how much you loved it.

02:48 - 02:53 "It's the best thing about 2018," you said.

02:54 - 02:56 And then you convinced me to buy stock

02:56 - 02:59 "It's so cheap at $20," you said.

03:00 - 03:02 Then it went to 8 cents!

03:04 - 03:07 That's just the pre-split price. It got worse.

03:14 - 03:16 I took a loan against my 401(k)

03:19 - 03:23 to invest in Helios and Matheson Analytics.

03:25 - 03:26 Now I have nothing.

03:31 - 03:33 I never even saw Gotti.

03:40 - 03:46 Scientologist actors make the best movies

03:46 - 03:49 and I've missed them both.