Slashdot Mirror
Struggling MoviePass Kills Off Its Annual Plan -- Even If You Already Paid For It (nypost.com)
Slashdot reader nolaguy quotes the New York Post:
Movie subscription service MoviePass has pulled the plug on annual subscriptions, telling those subscribers that they will have to adhere to the same terms as monthly subscribers. The service made the announcement Friday in an email to those members and offered them prorated refunds if they want to cancel their annual memberships.... Until Friday's announcement, subscribers to the $89 annual plans had been able to see a movie a day.
CNET reports that MoviePass "is now forcing you onto its monthly three-movie-a-month plan -- effective immediately...and you'll receive up to a $5.00 discount on any additional movie tickets purchased." They're plannning to apply the $89 annual fees toward the $9.95 monthly fees, but.... To add insult to injury, MoviePass says you'll only have until Aug. 31 -- a week from today -- if you want to get some of your money back in the form of a prorated refund, which you can only get by canceling your plan. And just to make things more ridiculous, MoviePass is preying on your FOMO by saying that if you do take the refund, you won't be able to sign up for MoviePass again for nine months.
CNET's article ends with a link to their list of "the 11 times that MoviePass altered the deal," adding "This is getting sad. And a little shady."
CNET reports that MoviePass "is now forcing you onto its monthly three-movie-a-month plan -- effective immediately...and you'll receive up to a $5.00 discount on any additional movie tickets purchased." They're plannning to apply the $89 annual fees toward the $9.95 monthly fees, but.... To add insult to injury, MoviePass says you'll only have until Aug. 31 -- a week from today -- if you want to get some of your money back in the form of a prorated refund, which you can only get by canceling your plan. And just to make things more ridiculous, MoviePass is preying on your FOMO by saying that if you do take the refund, you won't be able to sign up for MoviePass again for nine months.
CNET's article ends with a link to their list of "the 11 times that MoviePass altered the deal," adding "This is getting sad. And a little shady."
If you purchased through Costco, your plan is still valid through the original end date.
Still, a lot of people are getting full (not prorated) refunds from Costco because of this mess.
They obviously do not want to file for bankruptcy. However at this point it looks like the best action to stop the suffering.
Their business plan relied on people not using their service. However it being "too good to be true", people actually wanted to use the subscription to the fullest. If you let people to watch one movie every day of the year, there would be people who would want to watch one movie per day. Not everyone is a family with kids with very little time, and can only go to theaters a few times a year. Many people, do have the time to go to the movies.
Sorry but your plan would have never worked, it failed miserably in the real life. Just accept it.
AMC Stubs A-List. If you aren't familiar, it is AMC's own version of a subscription plan, and at more survivable pricing. $20 a month for 3 movies a week, for yourself only, with no blackouts or limits on the type of movie (3D, Imax, etc). If you watch even 2 movies a month it should break even, and anything more nets you a savings... while it isn't so dirt cheap that it will kill AMC. I would love it if they'd add an upgrade for another, say, $10 a month that would allow you to use the 3-per-week to cover others (as long as you were with them)... but that may be more niche than they want to go, or it might not be justified price-wise. If I take my family to the movies, AMC still gets a lot of month (wife + 3 kids) even if my ticket is already covered under the A-List plan. Plus any food we buy. I don't think AMC would have come up with this idea if it weren't for the competition from MoviePass.
William George