Comment Subscription goal has been met (Score 5, Interesting) 308
This is my local theater.
Last night they announced that they hit the 3,000 subscriber mark they were shooting for and will make a go at opening.
I wish them the best, though I think there are still some very big questions to be answered about the viability of the business model. Will the studios go along with it? Will subscriptions _remain_ high enough after the buzz fades away to be a viable business? I hope so, but only time will tell. The local economy is almost entirely tourism based, and their model effectively shuts out tourists who I think will be reluctant to shell out $16 for a day pass - so long-term local support is essential.