The old movie ticketing service MoviePass still running, but this time it doesn’t have a good deal what they once did.
MoviePass has come to life again after a long customer outranges during Thursday-to-Monday weekend. They have come up with new deals on this Tuesday morning. But all of them were from a few movies at a comparatively higher price.
The worst thing that has gone so far is the price of their online services.
Sometime the $9.95 monthly subscription plat will get up to $14.95 for the same month.
Fortunately, the pricing change will not affect directly to the uses who have currently on an annual or three-month plan. Probably they will get hit hard after existing plat got over on MoviePass.
Along with worst pricing, the MoviePass users will have to wait for a little bit longer for check out new cinema releases.
According to the sources, CEO Mitch Lowe has announced that MoviePass won’t feature any newly released movies from now. As an example, he has stated “The Megan” and “Christopher Robin”,
According to MoviePass Press Release
However, it sounds like subscriber would have to wait for an extra few weeks to get new releases on the MoviePass plan.
On press release of MoviePass, they have stated:
In an effort to maintain the integrity of the MoviePass mission, to enhance discovery, and to drive attendance to smaller films and bolster the independent film community, MoviePass will begin to limit ticket availability to Blockbuster films. This change has already begun rolling out, with Mission Impossible 6 being the first film included in the measure. This is a strategic move by the company to both limit cash burn and stays loyal to its mission to empower the smaller artistic film communities. Major studios will continue to be able to partner with MoviePass to promote their first run films, seeding them with a valuable moviegoing audience.
It seems that they are taking steps forward to stop being abused by the users.
The press releases have come from Helios + Matheson Analytics, which is the parent company of MoviePass.
It was more targeted for investors instead of general movie lovers.
MovePass should hold press release for their users who are subscribed to their plans. But they seem to give more value to their investor on this new release.
The worse pricing is continuing with the worst plans. Unless they focus on their users, it won’t work anymore.