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MoviePass Reveals Annual Subscription For $6.95 a Month (slashfilm.com)

Posted by msmash on from the up-next dept.

An anonymous reader shares a report: MoviePass seemed like the deal of the century: $10 a month to see one movie a day at the theaters? No contest. But in the three months since the start-up company seeking to disrupt the theater market with a Netflix-like service launched its new business model, MoviePass has been plagued by technical hiccups, backed-up deliveries, and potential lawsuits. As the company expanded its operations, it finally began to settle into its new subscription base of more than 600,000 users. And now MoviePass is already offering up a new deal: an up-front annual subscription of $89.95, which amounts to about $6.95 a month. But how much of a discount is it really? The MoviePass annual subscription is a limited-time promotion that will last 12 months, according to the website. Users pay $89.95 up front, plus a $6.55 processing fee. "Once your year is up, your plan will convert back into your $9.95 a month. Offer valid until it's not. Limit two per household," the MoviePass website says.

2 of 103 comments (clear)

  1. For what it's worth by Anonymous Coward · · Score: 5, Interesting

    I had Movie Pass last year. First it was $29.95. Then, when I actually started watching a movie a day, they raised my rate to $39.95. They reduced the number of movies to be watched by telling me I could only see each movie once. Then they required me to take a picture of my ticket stub. The final straw was when they created a basic "lottery" of movies I could watch by issuing only a small number of tickets per film (so it became a first-come-first-served ticket.)

    I've come back to Movie Pass because of the $9.95 price and it looks like they've relaxed nearly all the constraints. But I'm troubled by the small print...

    2.4 MoviePass reserves the right to offer members a new price option if they exceed watching a certain amount of movies per month.

    SO, while they advertise a movie a day, they will probably charge you more if you actually attempt it.

  2. Re:Service valid until it's not by Ragnarok89 · · Score: 3, Interesting
    I think you might be on to something here.

    Last year, my neighborhood gym went on a massive recruitment drive; 1 year memberships for all services for $200 (a great deal considering what was included). Needless to say, 3 months after they began, the place suddenly closed, no warning, no explanation given. I can only imagine how many people lost their money... the place was packed every night.