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MoviePass Reveals $9.95/Month Plan for 3 Films, Ditching Peak Pricing and No Longer Limiting Major Movies
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To be honest, if Moviepass did this for their initial price drop to $9.99 I think they would have had a viable shot of surviving. Now it just seems like too little, too late.
With a max of 3 movies, they lose at most ~$20/mo per user that uses it all three times. But they earn $10 for a user that signs up but doesn't use it at all. Still really risky, but their unlimited model let them potentially lose $300/mo on one user using the card to its full extent.
I will say MP did shake things up a bit - now I have a Cinemark membership that gives me 1 ticket/month for $9, but it rolls over if I don't use it. So basically I save $4/ticket I buy, plus you can buy a second ticket for $9 meaning I save $8 per movie I go see with my fiancé. And you can reserve seats and get 20% off concessions.
So they did end up making movies cheaper for me, so I applaud them for that.
With a max of 3 movies, they lose at most ~$20/mo per user that uses it all three times. But they earn $10 for a user that signs up but doesn't use it at all. Still really risky, but their unlimited model let them potentially lose $300/mo on one user using the card to its full extent.
I will say MP did shake things up a bit - now I have a Cinemark membership that gives me 1 ticket/month for $9, but it rolls over if I don't use it. So basically I save $4/ticket I buy, plus you can buy a second ticket for $9 meaning I save $8 per movie I go see with my fiancé. And you can reserve seats and get 20% off concessions.
So they did end up making movies cheaper for me, so I applaud them for that.
I really can’t justify amc since the closest amc is around 15-17 min from my house. Not because of the price but the location. (More like 20 min when u consider parking)
MoviePass 3 movies a month would still work for us since we get luxury seating at smaller
Movie chain Amstar that’s less than 1 mile from my house. I can literally be there parked and at the ticket counter in 7-8 min.
I’m currently on the yearly Black Friday $85-90 dollar deal. It will expire November 25 2018. So I got some time to figure out movie pass if it will survive or not.
I’ve seen 24 movies over 8 months. So that comes out to 3 movies a month.
Sure there has been some glitches. But it has work for me. I can check in. Run to the movies at 3pm and just get the 8pm ticket and be back home in less than 20 min round trip since I’m so close to my local movie theatre.
MoviePass 3 movies a month would still work for us since we get luxury seating at smaller
Movie chain Amstar that’s less than 1 mile from my house. I can literally be there parked and at the ticket counter in 7-8 min.
I’m currently on the yearly Black Friday $85-90 dollar deal. It will expire November 25 2018. So I got some time to figure out movie pass if it will survive or not.
I’ve seen 24 movies over 8 months. So that comes out to 3 movies a month.
Sure there has been some glitches. But it has work for me. I can check in. Run to the movies at 3pm and just get the 8pm ticket and be back home in less than 20 min round trip since I’m so close to my local movie theatre.
It is. It's 4 movies a month for ~$15. Or if you only want 3 movies, it's $10.
I like this plan. It sounds sustainable. It sounds reasonable.
I'll consider it - are there enough movies I want to see? Are there movies I might want to see more than once?
Or even better - can my wife and I get a single account for $10? Then we can see 2 movies a month for ~$15.
Everyone that signed off on that last "stunt" should be fired.
This new business plan is more logical; however, MoviePass is going to crash and burn since they can't retain customers that feel burned and skeptical about trusting the company further.
This new business plan is more logical; however, MoviePass is going to crash and burn since they can't retain customers that feel burned and skeptical about trusting the company further.
Yep! I canceled MP yesterday and joined AMC Stubs instead: it's a way better deal now. I do believe that AMC actually has made it more difficult for MoviePass recently, hence the issues. When AMC didn't offer their service, they most likely let MP sell their tickets at a discount to the AMC theaters. That allowed AMC to make money on selling concessions. However, AMC quickly learned that that they can come up with their own service instead, which probably ended any deals offered to MP and that negatively impacted the MP business model.
So, all the way up to 50 cents?
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People don't generally see movies early in the week. I'd peg the next meltdown to be at about 8 PM EST on Friday.
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Yikes! Where do you live? I would love it if I could get _anywhere_ in the city where I live in 20 minutes. My minimum train ride to anywhere of note is 30 minutes. 20 minutes, including parking time, is a luxury. You don't know how good you have it.
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As far as I've heard, none of the big chains did anything to help MP. MP's original plan was to collect all kinds of personal data on their members and sell that data to the chains. The chains said 'Ummm, we already have all that data. No thanks.', so now MP is scrambling to make their business viable without having a buyer for their user data. Maybe they should have checked into the saleability of that data before they jumped in feet first.
Good to know, thanks. Unfortunately, that doesn’t really apply what I was hoping they’d do. I am talking about the $9.99 plan. It went from “a movie a day” and is now going to “three movies a month“ which is just bad marketing. If they went from “a movie a day” to the equivalent of “a movie a week” that would be at least feel like more of a value way and be way catchier. 3 is just kinda random.
Also, the $15 plan for 4 movies a month is kinda backwards financially. They are charging you 50% more for only 33% more movies, which is the inverse of what it should be. The price per movie should be cheaper the more you buy, not more expensive. But in the current scenario the price per movie goes from $3.33 with the $9.99 plan to about $3.75 with the $15 plan.
It’s still a decent value if you see a lot of movies, but it’s just weird. They are learning the hard way what the cell phone providers learned over the past few years with their unlimited plans. “All you can eat” must include major caveats.
It’s already been said, but too little too late. The past couple of weeks have been hell trying to book a movie.
It wasn’t glitches either- the peak pricing, blocked out movies, and disappearing show times were all *features*.
They have been changing their rules way too much. Hell, their last policy change ($5 monthly increase) didn’t even go into effect yet and they’re already changing it.
I do think it’s better than all the restrictions they have now, but they should’ve done this to begin with instead of adding a new hoop to jump through each week until people got fed up and started leaving en mass.
I can’t trust this company anymore and I have zero confidence that this new plan will be the same a month from now.
Sorry Moviepass, I’ll take my 9 month ban!
It wasn’t glitches either- the peak pricing, blocked out movies, and disappearing show times were all *features*.
They have been changing their rules way too much. Hell, their last policy change ($5 monthly increase) didn’t even go into effect yet and they’re already changing it.
I do think it’s better than all the restrictions they have now, but they should’ve done this to begin with instead of adding a new hoop to jump through each week until people got fed up and started leaving en mass.
I can’t trust this company anymore and I have zero confidence that this new plan will be the same a month from now.
Sorry Moviepass, I’ll take my 9 month ban!
3 or 4 movies a month can hardly be identified as "a lot of movies"! 3-4 movies a week maybe.
I will never give this company my business as long as this guy is still CEO. Someone needs to fall on the sword for the past incompetence and poor decision-making, and that falls on him.
How many movies actually get wide theatrical releases each year? And of those, how many are actually worth seeing?
Seems like a movie critic could watch 3-4 movies per month and be doing their job perfectly well.
What?! LOL At least 3 major movies are released each weekend! Those are just major releases, let alone some decent more indie releases. You are looking at 5 movies each week if you like going to the movies. The summer time is usually slow for the industry and Fall-Winter is is the busiest period, as more people go to the movies and studios release more movies for the awards season as well.
You are dead wrong. 3 or 4 movies a month definitely is “a lot of movies”, whether you are looking at the statistics relatively or absolutely. Theatre attendance has plummeted. Most people only see a few movies a year. Or none at all. A movie a week is “a lot” for the vast majority of Americans. Read it and weep, know-it-all:
MoviePass officially sent out an email to confirm the changes
Here are the details:
Here are the details:
- Under our new plan, MoviePass members will be able to see up to three standard movies a month for $9.95, and be given up to a $5.00 discount to any additional movie tickets purchased. Today, 85 percent of MoviePass members go to three movies or less per month, so these changes cater to the majority of our movie-going community.
- The new plan will include many major studio first-run films, however there will be some exceptions (note that theaters with e-ticketing will include all movies and showtimes with no restrictions).
- We will be suspending Peak Pricing and Ticket Verification requirements for all members in the new plan described above.
- Over the coming days, MoviePass members with a monthly subscription renewing on or after August 15th will be given the option in the MoviePass app to transition to the new plan. Quarterly and annual subscribers will not be impacted until their renewal date.