Studio’s receive the majority of ticket revenue themselves and if MoviePass is paying full ticket price, studio income doesn’t change.
However, if the studio is receiving the full ticket price from MoviePass, it’s not clear how studio income will be reduced.
It would seem that AMC sees a worse case scenario here being that if MoviePass is too successful, it could lead to theaters reducing ticket prices overall in order to compete, which would lead to movies making less money overall.
AMC also claims that this will have repercussions throughout the industry, eventually leading to a reduction in both theater and studio revenue, which will not give filmmakers “sufficient incentive to make great new movies.”