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Dear Customer,
Today, with a heavy heart, we announce that Sinemia is closing and that operations in the United States stop immediately.
As Sinemia, we have defined our journey with the vision of helping as many movie-goers as possible to enjoy an affordable and better movie experience by creating a movie ticket subscription service that adds value to filmmakers. moviegoers and industry. Since 2014, we have been fine-tuning our model and providing film lovers with many affordable and flexible subscription plans.
We are all witnessing the future of cinematography through subscription to movie tickets. However, we do not see the path of sustainability as an independent movie ticket subscription service to the competition of movie theaters that build their own subscriptions. With the benefit of cost and cross-selling opportunities, movie theaters will occupy a prominent place in the economy of movie ticket subscription.
While we are proud to have created a service unparalleled in the market, our efforts to cover the cost of unexpected legal proceedings and to raise the funds necessary to continue operations have not been sufficient. Competition in the US market and fundamental economic considerations regarding the costs of providing Sinemia's end-to-end experience finally led to the decision to close our operations in the United States.
Despite all the efforts of our team, it has been difficult for us, as a start-up, to continue to provide our services to moviegoers in the United States without the resources or capital needed to cope with increased legal costs and costs. operations.
We want to sincerely thank our customers who believed in us and helped us all along their journey for their love and support.
We are very grateful to have had the opportunity to share our dream with you.
Sinemia Inc.
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