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MoviePass Now Limiting Subscribers to a Choice of Six Movies Each Day
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Next weeks new terms and conditions:
1 movie per month from a choice of 7 that change every year
1 movie per month from a choice of 7 that change every year
Because people click on the links to those articles. If people didn't click on the article links, MacRumors would stop writing articles about MoviePass.
MoviePass seems like the reverse land shark of companies. They keep changing their response to, "Who is it?" Except, in this case, the responses keep getting worse. Instead of opening the door, you want to throw a few more deadbolts and barricade the door with your sofa.
On the one hand, I can absolutely see this as working.
Your movie has garbage reviews. You want some positive buzz about it, so you decide to make it the top movie of the weekend. Pay Moviepass to make it the only film people are allowed to see during this weekend with the service. If Moviepass is actually a service people have/use, then maybe you've generated several million ticketsales for your movie for this weekend. Boom. Tops the box office. Maybe that'll lead to a lot more sales from unsubsidized viewers?
So Moviepass essentially acts as an ad service that movies can use. I think this is what Moviepass always said they wanted to be anyways, and how they planned on this being a viable business model.
As a customer, this sounds awful. I was very slightly intrigued and entertaining the idea of signing up before. Absolutely not with these changes, though.
If existing customers aren't grandfathered in without the rules, I'd demand my money back. Threaten to sue.
Your movie has garbage reviews. You want some positive buzz about it, so you decide to make it the top movie of the weekend. Pay Moviepass to make it the only film people are allowed to see during this weekend with the service. If Moviepass is actually a service people have/use, then maybe you've generated several million ticketsales for your movie for this weekend. Boom. Tops the box office. Maybe that'll lead to a lot more sales from unsubsidized viewers?
So Moviepass essentially acts as an ad service that movies can use. I think this is what Moviepass always said they wanted to be anyways, and how they planned on this being a viable business model.
As a customer, this sounds awful. I was very slightly intrigued and entertaining the idea of signing up before. Absolutely not with these changes, though.
If existing customers aren't grandfathered in without the rules, I'd demand my money back. Threaten to sue.
LOL, they hit $5K per share almost a year ago and were hovering above $1K before. Now it's 3 cents, so some investors massively lost out. But btw the price per share doesn't indicate the company value by itself.
Oh yeah their earnings per share is also $-3900. Whoo.
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"Starting next month, each time that you watch a movie using our service, we'll have a guy come to your house and kick your dog, as part of our ongoing efforts to keep movie ticket utilization low enough for us to stay afloat."
Thank you for writing your post - it saved me the effort as I was thinking the same thing. Building a service where the only way you make any money is if nobody who is subscribed to your service actually uses your service... is not sustainable.
But wait, there’s less...
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Now that I can no longer see the comedies I want, your posts are all I’ve got. How much are you charging?
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That is maybe the funniest thing anyone has ever written in MacRumors Forums. Well played.
Now that I can no longer see the comedies I want, your posts are all I’ve got. How much are you charging?
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What’s ironic is that now that they are severely limiting the number and quality of our movie choices, whatever data they might hope to sell is far less lucrative. Analytics that show that 63% of people prefer lardcakes over gruel isn’t as valuable as it sounds.
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6 movies to choose from? I count a choice of the same 2 movies at 5 of our local theaters!!!
This is ridiculous and not what I paid for. I've formally requested a pro-rated refund from them (annual pass, what an idiot I am!!). Despite whatever their terms state, state laws do protect consumers from companies that significantly change a product or service that you've subscribed to. I would call going from any move, every day, to now only 2 movie choices (that they pick) 3 times a month is a significant change.
This is ridiculous and not what I paid for. I've formally requested a pro-rated refund from them (annual pass, what an idiot I am!!). Despite whatever their terms state, state laws do protect consumers from companies that significantly change a product or service that you've subscribed to. I would call going from any move, every day, to now only 2 movie choices (that they pick) 3 times a month is a significant change.
What a coincidence. It's probably their last month, too.
It was pretty clear from the elevator pitch version of the deal this company was offering, that it was completely unsustainable (you can't make money by buying someone else's product at full price and selling it for less, and you can't hope they'll cut you a sweet deal in order to let you undercut their own price on their premium product). Better not to get on such rides in the first place. Or get on, grab the free snacks, and get back off, before it crashes and burns.