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Theaters face a power struggle as digital takes over

MoviePass, the mobile app that allows users to access one theater movie ticket daily for a $9.95 flat monthly fee, has withdrawn from 10 of AMC’s popular theaters, resulting in a standoff between the country's largest theater chain and the digital subscription service that MoviePass says drives the majority of AMC's revenue.

Why it matters: The same economics problem that led to the collapse of the newspaper industry, and that's currently haunting cable, is also happening to the theater industry: Viewership (in this case, admissions) is down, but the average price of movie tickets continues to climb.

Data: Yahoo! Finance; Chart: Axios Visuals