What is happening with MoviePass?
Now, MoviePass holders have a choice between paying $10, $20 or $30 a month. That’s not the only change. Instead of getting unlimited access to movies, as the original rate granted, you’ll get credits based on your MoviePass tier. You can pick and choose how to apply your credits.
Is MoviePass still working?
MoviePass is back after going bankrupt in 2020. This time, it will have a tiered price system and credits to use toward movies each month.
How much does MoviePass cost?
Also, rather than charging subscribers one price as it did before, MoviePass now features a tiered pricing structure of $10, $20 or $30, with the amount you’ll pay depending on your location. Subscribers will also receive a certain amount of credits each month that they can use toward movies they want to see.
How do I use MoviePass?
Receive a MasterCard MoviePass Debit Card five to seven days after registration. When you’re within 100 yards of your preferred theater, open the app, check in, and choose a movie and showtime. Your MoviePass debit card will get credited with the amount for the ticket.
Will MoviePass come back?
MoviePass is back. In April, co-founder Stacy Spikes spoke to TIME about his intentions to relaunch the popular moviegoing subscription service. Now Spikes has announced MoviePass’ official return date: September 5. The company hopes to drive audiences to theaters during a particularly desperate moment for theaters.
Is the MoviePass relaunch real?
The MoviePass relaunch has a tiered pricing system, where subscribers will be able to pay between $10 and $30 per month for a set number of “credits” that can be exchanged for tickets. Off-peak showtimes will cost fewer credits, while a Friday night movie will require more credits.
How much money did MoviePass lose?
The company’s financial statements then showed it was losing $20 million each month due to the low subscription costs and outsized subscriber base. MoviePass began cutting back and adding restrictions for its services.
Who owns MoviePass now?
Spikes was granted ownership of MoviePass assets by a New York City court back in November 2021 for $14,000, after Helios and Matheson Analytics filed for bankruptcy in 2020.
How much will the new MoviePass be?
Considering that MoviePass’s new pricing structure is $10, $20 or $30 per month, your subscription could easily pay for itself each month if you see two to four movies. However, it’s important to remember that a credit system is involved.
What is the MoviePass wait list?
The only way to gain access to the New MoviePass is by joining the waitlist. All who join the waitlist will have priority access to the service. Each person who joins the waitlist will receive 10 friend invites that they will be able to send to friends when they become a member of the service.