MoviePass Adds a Million Subscribers, Even if Theaters Aren’t Sold on It

As streaming services like Netflix and Hulu surge in popularity, movie theaters have been trying to compete by rethinking the concession counter and installing seats that resemble beds. Yet attendance was flat at North American cinemas in 2016, and analysts are predicting a 4 percent decline in 2017, bringing ticket sales to a 22-year low.
Read more: https://www.nytimes.com/2017/12/27/business/media/moviepass-theaters-tickets.html?source=Snapzu