
MoviePass Brings Back Their Movie a Day Plan
Now MoviePass is bringing back their unlimited plan that lets you see a movie every day for just $9.95. However, those subscribers could only see four movies each month.
However, MoviePass - which loses money on the ticket transactions of its most enthusiastic users - will uphold a second April addition to its service agreement: No member can use their subscription for repeat viewings of the same film, as many would have wanted to do for "Avengers: Infinity War" and upcoming "Deadpool 2". But now, because they can change their mind on a day to day basis, as all real businesses do, MoviePass is now a movie a day for the same great price ($9.95/mo.), again.
MoviePass $9 unlimited movies: Worth signing up? The service, which launched in 2010, lowered its price in August 2017 to the current $9.95 plan. Subscribers activate their MoviePass card using a mobile app and then can select movies to see using the app on their phone. "We recently made some updates to our Terms of Service, including the policy that MoviePass subscribers are only permitted to see any movie in the theaters once with their MoviePass". "We hope this will encourage you to see new movies and enjoy something different!"
MoviePass' business model has remained in question since the company became popular last fall.
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$-0.27 EPS Expected for Fitbit, Inc. (FIT) on May, 2
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'Black Panther' Deleted Scene Reveals Okoye Confronting W'Kabi
It would have come after King T'Challa aka Black Panther ( Chadwick Boseman ) was killed by Erik Killmonger ( Michael B. Black Panther director Ryan Coogler has revealed Okoye is secretly married to another Marvel character .
MoviePass is 92-percent owned by Helios and Matheson Analytics, which specializes in gathering and selling consumer data, and presumably it will do so with the data collected by MoviePass.
The movie ticketing service has faced funding issues in the past, at one point severing ties with a handful of AMC theaters. "Above all, we believe the Moviefone acquisition will serve as another valuable source of revenue for HMNY and MoviePass".
MoviePass didn't respond to a request for comment, but Lowe told THR last week that he was working on dozens of new offerings, and it appears the multipronged approach is underway with two plans being offered at the site while for the past three weeks there was only one.
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