Following some pretty major PR nightmares, it's clear that MoviePass needs to do something drastic in order to stay afloat. What it's doing, however, likely won't make a lot of people happy. Following a massive service outage that left many unable to use their subscription for a day or more, MoviePass has now announced that, in addition to blocking access to major releases for a period of two weeks, Moviepass has also increased its subscription price from $9.95 to $14.95 a month.
While $14.95 is still a long way from the $30 a month price the service initially launched with, it does raise the price to the point where, at least in many markets, a single movie viewing a month won't pay for the subscription by itself. There were a lot of questions when the price was originally lowered about how such a price point was sustainable, and it seems clear by this change that it simply was not. Whether MoviePass thought it could leverage its user base to get ticket discounts from theaters or the company simply believed many people would sign up and then not use the service, it became clear last week that the current model when MoviePass apparently literally ran out of money and had to borrow $5 million just to keep things moving.
Over the weekend, movie fans were angry to discover that they could not purchase a ticket to Mission: Impossible - Fallout and it turns out that's going to remain the case for all other major releases as movies that open on over 1,000 screens will be blacked out for two weeks on the service going forward.
The only place where the price increase was met positively was on Wall Street where CNN reports MoviePass' stock doubled following the announcement. However, it then began to drop again and gave up everything it had gained.
A price increase will clearly cause some subscribers, who haven't already left MoviePass, to cancel their subscription. In the end, that may be a good thing, as people leaving the service who have cost MoviePass money over the last year means the cost of supporting everybody else becomes cheaper. Perhaps that, combined with the price increase, really will keep MoviePass going. Of course, in addition to those who cancel because they can't see the latest new release, will come the cancelations from those who simply don't use the service as much and don't want to spend the extra $5, which are the people MoviePass probably wants to keep.
Clearly, things are changing yet again in the movie ticket subscription business. Some companies are already trying to cash in on the MoviePass situation and we'll have to wait and see what happens next.
Should Marvel Announce Its Entire Phase 4 Slate Post-Endgame? Phase 3 of the MCU is coming to an end. What's coming next, and when? Should Marvel Announce Its Entire Phase 4 Slate Post-Endgame?
Henry Cavill Believes Tom Cruise's Injury Was Actually A Good Thing For Mission: Impossible Fallout Movies July 24, 2018 No Comments When Tom Cruise broke his ankle in gruesome fashion while filming a stunt last year on Mission: Impossible Fallout , it seemed like a huge blow to the film.
Henry Cavill Believes Tom Cruise's Injury Was Actually A Good
celebgossipnews.co/henry-cavill-believes-tom-cruises-injury-was-actually-a-good-thing-for-mission-impossible-fallout/
Yet as it turned out, Tom Cruise's injury was actually a good thing for Mission: Impossible Fallout because it gave everyone a much-needed break, as star Henry Cavill explained: So the seven-week break in production was a good thing because it allowed for everyone to get some much needed rest, although I imagine Tom Cruise wasn't thrilled
Tom Cruise's Injury Helped Mission: Impossible - Fallout
Dog Days Actually Cast All Of Its Canine Characters Before Any Of The Humans In case you couldn't tell by the title, dogs are a pretty crucial part of the new movie Dog Days. Eric Eisenberg Aug 10
It's Always A Good Day With the Cast of Dog Days
thatsitla.com/always-good-day-cast-dog-days/
"Fun fact all the dogs were cast before any one of us cast members. Because I tried to get Maverick cast. I snuck her in the back of every single shot. Stage mom." She said about bringing her dog Maverick to set, who happened to be a rescue. "I was a cat lady for 18 years.
'Dog Days' Film Review: Intertwined Lives of Owners and Pets
Chris Hemsworth's trainer Luke Zocchi and stuntman Bobby Holland Hanton demonstrate the full-body workout circuit used to prepare for his role in Men in Black: International.
Aquaman is still playing in theaters, and be sure to read CinemaBlend's review of the movie. Stay tuned for updates on how Aquaman 2 is progressing, and browse through our DC movies guide to learn what else is in the works for the DCEU.
CryptoCoinBubble | Aquaman 2 Is In The Works, With One Catch
Sonic The Hedgehog's Director Promises That Design Changes
Writer-director Rian Johnson penned the opening crawl for Star Wars: The Last Jedi, approaching it like a haiku -- something he learned from George Lucas in a behind-the-scenes documentary.
The Clone Wars: Season Seven | Wookieepedia | FANDOM powered
Mission: Impossible - Fallout is a 2018 American action spy film written, produced, and directed by Christopher McQuarrie.It is the sixth installment in the Mission: Impossible film series, and the second film to be directed by McQuarrie following the 2015 film Rogue Nation.
Mission Impossible Movies Ranked From Worst to Best - /Film
The Rotten Tomatoes score for Disney and Pixar's Toy Story 4 has been revealed. Now, the Rotten Tomatoes score for Toy Story 4 has been revealed, and it appears that the film is off to a great
SHAZAM Rotten Tomatoes Score REVEALED - YouTube
Jun 03, 2019 · Despite some heavy competition, John Wick: Chapter 3 - Parabellum posted decent box office numbers during its third weekend in theaters, bringing the entire John Wick series total to $482 million.
Ava DuVernay Totally Wants To Direct A John Wick Movie
Actress Evangeline Lilly couldn't wait to get out of her Ant-Man and the Wasp superhero outfit because the costume's built-in corset made it unbearable to eat. The Lost star reprises her role as Hope Van Dyne from 2015's Ant-Man for the upcoming seque
Ant-Man and the Wasp: Evangeline Lilly on a Very Different
collider.com/ant-man-and-the-wasp-evangeline-lilly-interview/
I've spoken to a number of actors who are visibly thrilled to be part of an MCU film, but on the set of Ant-Man and the Wasp, there was something about Evangeline Lilly's excitement and
Evangeline Lilly slips into a bikini to promote Ant Man And
Solo A Star Wars Story / Han Gets His Name Scene - YouTube
Home/Entertainment News/ YouTube Reportedly Changes Algorithm To Combat Captain Marvel Trolls Entertainment News YouTube Reportedly Changes Algorithm To Combat Captain Marvel Trolls
YouTube Has Changed Its Algorithm To Combat Captain Marvel Trolls
George Lucas Writes Sweet Tribute To Peter Mayhew
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