People would quickly learn how to abuse that system by just waiting to purchase tickets.

I think the theater+restaurant combos would actually be ideal for the Moviepass model since they can offset the cost of the ticket with food/alcohol sales. They could even limit it to 3 movies/wk like AMC and probably do well. The theater+restaurant near me offers a $5 ticket Tuesday promotion and most showings throughout the day are full. If they charged me $25/mo I’d definitely pop in 1-2 times a week to watch a movie while I eat a meal.