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Sunday, June 02, 2019

Predicted: ATOM Takes Over

Big Winner in Auto-ticketing Arena
As a follow/up to our numerous posts on auto-ticketing, Atom Tickets (as predicted) is becoming the big winner in the ticketing arena and just signed up Cinemark, which will add 4,500 screens to Atom's total of 26,000 screens being serviced.

Atom, which has raised $125m from the likes of Lionsgate, Disney, Fox, and Fidelity rose-up with the demise of 'MoviePass'. But, unlike 'MoviePass', it does not take a piece of the b.o. or concession take (which was the flaw in the 'MoviePass' strategy.

Atom, has morphed into a mobile app where customers can avoid sold-out shows, eliminate paper tickets, pre-order concession, and skip theater wait-lines.

Atom reports that it currently has 6m unique visitors per month to its site - which will be growing with it inked deal with Cinemark.  As we predicted, two years ago, Atom will win out over Fandango
as well. Also, in my estimation 'Rotten Tomatoes' (a sub of Fandango) will die-out as well.

Just saying,

Jim Lavorato, President
Entertainment Equipment

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