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The business model of Clear involves partnerships with airports, with the company sharing a portion of its revenue with these entities. For example, Los Angeles International Airport (LAX) receives 12.5% of Clear's revenue generated at the airport, while San Francisco International Airport (SFO) and Chicago's O'Hare and Midway International Airport receive similar percentages.
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The Army & Air Force Exchange Service (AAFES, also referred to as The Exchange and post exchange/PX or base exchange/BX) provides goods and services at U.S. Army, Air Force, and Space Force installations worldwide, operating department stores, convenience stores, restaurants, military clothing stores, theaters and more nationwide and in more than 30 countries and four U.S. territories.
In April 2020, The Screening Room announced it raised $27.5 million in equity and named Man Jit Singh as CEO. Man Jit Singh was the former President of Home Entertainment at Sony Pictures. Sean Parker and Prem Akkaraju remain on the board of directors and Prem Akkaraju has been elevated to Executive Chairman.
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