MoviePass returns next year despite its parent company's financial struggles, but you might need to pay a lot more money for the best features. The service announced a new set of subscription plans. In 2019, all customers are going to choose between three tiers. While you might think there are plenty of choices, all three of the subscription plans are filled with strict limitations....
MoviePass isn’t dying off just yet. Helios & Matheson Analytics, the service’s parent company, announced that it raised $65 million in new funding to keep MoviePass in business. It also means that, despite losing money at a rapid pace, HMNY can prolong its path toward bankruptcy. As everyone knows, MoviePass struggles to turn a profit. In an interview with TheWrap, HMNY CEO Ted...
MoviePass went from a renegade startup to an annoyance that pesters former customers. Since its summer of disaster, a large number of customers have cancelled the service. But these same customers are being forced to pay for a service they don’t want. According to Engadget, multiple customers claim they have been charged without their consent after they cancelling their subscription....
MoviePass was an immediately enchanting idea and it was cool while it lasted, but time has run out for the service and things are going further and further south. The service is now at the center of a class-action lawsuit against parent company Helios and Matheson and CEO Ted Farnsworth and CFO Stuart Benson by shareholders over false and misleading statements about the business...
MoviePass won’t let you visit movie theaters on a daily basis anymore. The subscription-based service announced that it’ll soon drop its one-film-per-day structure and limit users to three films per month. On August 15, the switch will take effect. However, you don’t have to worry about MoviePass getting more expensive. HMNY, which owns the service, revealed a few weeks ago that it...
You’ll soon pay more for MoviePass despite the service tossing in new limitations. HMNY, the parent company that operates MoviePass, announced a few changes that are meant to propel it to profitability. None of them are appealing to users, however. The service will see its monthly price increase while also limiting users on when they can watch certain films. Within the next 30 days...
MoviePass has escalated its war with AMC by cutting support from its busiest locations in New York, Los Angeles and Boston. In total, ten theaters will no longer be supported by MoviePass anymore, according to Deadline. The decision is tied to MoviePass seeking more compensation from AMC given the traffic it drives to the chain. The subscription service reportedly drives in $2 million...
Movie theaters have been having a tough time this year. Despite some great movies like Wonder Woman, Baby Driver and Dunkirk, theaters have had a down year, and this year isn’t a special exception. Netflix co-founder and MoviePass CEO Mitch Lowe wants to get butts into seats, and thinks he knows how to do it: For a low monthly fee, hit theaters all you want...
If you were looking forward to getting in on the beta test of MoviePass this weekend, we’re sorry to say that you need to lower your expectations. The other day we brought you the news that a new service called MoviePass was going to launch in San Francisco this weekend that would allow you to watch unlimited movies in theaters for $50 a month, or four movies a month for $30. The...
It seems that someone has determined that the key to the success of services such as Netflix has been the concept of one price for an unlimited number of uses. Now a new service named MoviePass is going to bring that same concept to the movie theater, but can it succeed? MoviePass is launching as a limited test in 21 theaters around the San Francisco Bay Area this weekend. The...