đżWhat If Movie Theaters Had Subscriptions Like Netflix? A Former Theater Employee ExplainsÂ
- Editor H
- Jun 25
- 4 min read
Updated: Jun 27

TL;DR đÂ
MoviePass, a U.S. theater subscription service, once offered unlimited movies but collapsed due to unsustainable pricing. It made a comeback in 2022 with a more realistic model.Â
Major U.S. chains now offer their own subscriptions, and in France, movie subscriptions have been the norm since the early 2000s.Â
Franceâs model supports film diversity and boosts the entire industryâitâs even spreading across Europe. So, what about Korea?Â
đĄ"Why Can't Movie Theaters Be Like Netflix?"Â
Ever wondered, âWouldnât it be awesome if we could subscribe to a movie theater for like $10â$20 a month and watch as many movies as we want?â  Imagine soaking in that buttery popcorn smell, sitting in a dark, quiet auditorium with a huge screen, surrounded by people quietly breathing in sync. If we could enjoy that vibe with a subscription pass? Total bliss.Â
I used to work at Megabox for quite a whileâand as a hardcore movie theater fan, I always thought it was a shame we didnât have something like that here. Even when the theaters were half-empty, I kept thinking, âWhy not try a subscription model?âÂ
So I got curiousâDo other countries do this?  Spoiler: Yes. And not only do they exist, some have been around for years, some crashed and came back stronger. Letâs talk about it. If you're into movie culture, youâll love this story.Â
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đ âOne Movie a Day?ââThe Netflix of Theaters That Rocked AmericaÂ
Letâs start with the U.S., home of the legendary MoviePass.  Launched in 2011, it was mind-blowing: for just $9.95 a month (about 13,000 KRW), you could watch one movie every day in theaters. Seriously. No wonder it hit over 3 million subscribers. People were hyped. Everyone was like, âWait, this actually works?â and it just exploded.Â
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đ¸ The More They Sold, the Faster They SankÂ
But hereâs the catchâit was way too cheap.  Theaters lost money, operational costs skyrocketed, and revenue just couldnât keep up. Eventually, MoviePass shut down in 2019.Â
At its peak in 2018, revenue hit $180 millionâbut losses exceeded $200 million. Oof. From a movie loverâs perspective, it was a real loss. The dream of Netflix-style cinema subscription felt like it was slipping away.Â
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đ MoviePass Came BackâAnd Got an HBO DocumentaryÂ
But they didnât give up. In 2022, MoviePass came backâsmarter this time.  They introduced tiered pricing ($10â$30 a month, or up to $50 in some regions), with different viewing limits based on your plan. Not unlimited anymore, but way more sustainable.Â
They expanded partner theaters and revamped operations. It felt like they actually learned something from the flop. The service started getting good buzz again, and HBO even made a documentary about it in 2023â2024, called âMoviePass, MovieCrash.âÂ
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đ So... Are They Profitable Now?Â
According to an interview with CEO Stacy Spikes, theyâve âturned a profitâ and are maintaining it in 2024.  Still, the company hasnât released exact numbers, which makes you wonder if the profits are modest at best. Estimated annual revenue is around 40â50 billion KRW (~$30â40M USD)âtiny compared to what U.S. theater chains pull in.Â
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đż U.S. Theater Chains Quietly Launching Their Own SubscriptionsÂ
MoviePass isnât alone. Major U.S. theater chains like AMC, Cinemark, and Regal (think of them as the U.S. versions of CGV or Megabox) have rolled out their own subscription services.Â
And these guys are no small fryâsome pull in over 4 trillion KRW annually. AMC alone makes over 6 trillion KRW.Â
AMCâs plan is $20â$23/month, letting you watch 3 movies a week. It already has over 860,000 subscribers. Cinemark offers 1 ticket/month for $8.99, plus popcorn discounts.  Regal has an almost-unlimited plan for $21â$26/month, though there are some location restrictions.Â
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đĄ Subscriptions Donât Dominate Yetâbut They're a Smart Long GameÂ
Currently, subscriptions only make up about 5â10% of total revenue.  But hereâs the thingâitâs not just about cheaper tickets. These programs aim to increase customer loyalty.Â
Subscribers are more likely to come back, and when they do, they also buy popcorn, drinks, merch, etc. Itâs a full-package revenue modelâless about ticket sales, more about turning moviegoers into regulars.Â
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đ˝ The OG Movie Subscription? France Did It Firstâand Did It RightÂ
Now letâs look at France, where subscription models didnât just pop upâthey became the standard.  Since the early 2000s, French theater chains like UGC and PathĂŠÂ have offered subscription passes. For âŹ17ââŹ37 a month (~25,000â55,000 KRW), you can watch unlimited movies at partnered theaters.Â
Yeah, unlimited. You usually need a 1-year contract, but in Franceâespecially among students and film buffsâitâs considered a must-have.Â
UGC's annual revenue in 2024 is around 900 billion KRW, and PathĂŠâs is about 1.45 trillion KRW. Reports say over 20% of that comes from subscriptions.  In France, this model isnât nicheâitâs the norm.Â
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đ A Win for Indie Films TooâSubscriptions Help the Whole IndustryÂ
Whatâs really cool? This model isnât just good for viewersâit helps the entire French film industry.  More diverse and indie films get screen time, and with overall attendance up, small studios and art films get to thrive too.Â
In France, going to the movies is part of the cultural lifestyle. Itâs not âIâm bored, letâs catch a flick,â itâs âIâve got this weekâs movie lined up.â  That culture is what makes subscriptions thrive there.Â
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đŹ The Trend SpreadsâUK and Germany Follow SuitÂ
Seeing Franceâs success, countries like the UK and Germany followed suit.  In the UK, âOdeon Limitlessâ is run by major theater chain Odeonâitâs basically their version of the French model. It took off quickly, especially with the UKâs strong cinema-going culture.Â
Germany is also jumping in, with major theater chains introducing similar models. In general, European audiences are pretty chill about subscriptions, and they see theaters more as cultural spaces, so adoption has been fast.Â
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đ¤ So... Why Doesnât Korea Have This Yet?Â
Good question. Subscription models are definitely being discussed here.  Koreaâs theater business is clearly in trouble and needs something fresh. But⌠thereâs a reason why it hasnât happened yet.Â
And thatâs a whole other story. So stay tuned for part two!Â
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