MoviePass Has Changed: See One Movie In Theaters Each Day For Just $10 A Month
MoviePasshas seen plenty of changes to its subscription service over the years since launching in 2011. For those who don’t know, MoviePass lets users pay a monthly price that allow them to see a single movie each day. Users check into a location-based app, pick the movie they’re seeing, and pay with an official MoviePass debit card. Over the years there have been changes in the pricing model depending on where you live and how many movies you see, ranginganywhere between $15 a month to almost $50 a month. But soon, everyone will be paying the same low price for the subscription service.
A majority stake in MoviePass has been bought by Helios and Matheson Analytics Inc., and they will be changing the monthly subscription fee to just $9.95 a month, regardless of where you live or how many movies you see. Find out more about the MoviePass subscription changes below.
Mitch Lowe, a Netflix co-founder and former Redbox president, has been the CEO of MoviePass for some time now, and he’s playing the long game when it comes to the company’s goals.Varietysays right now MoviePass is operating at a loss while subsidizing their users with the goal of growing the movie theater audience enough for movie theater chains to take notice and share the profits with them. That shouldn’t be hard since MoviePass is accepted at pretty much every movie theater that accepts debit cards.
For me, what’s always been great about MoviePass is how much money it saves me. Even on my $35 subscription plan, as long as I saw three or four movies a month (which is not hard for someone in my position), then I was getting my money’s worth. With a price of just $9.95, this is something that will make sense for even the most casual moviegoer. In most cases, you could see just a single movie a month and you’d still be paying less for tickets. MoviePass is especially valuable during the summer with the onslaught of blockbusters hitting theaters, or during the holidays when you’re heading to movies with the family, especially since there are no blackout dates.
