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Old 07-28-2018, 09:54 AM  
Spott Spott is online now
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Over/Under on MoviePass going bankrupt

It was great while it lasted, but I'm giving them until Halloween before they call it quits.
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Old 07-28-2018, 10:25 AM   #2
RINGLEADER RINGLEADER is offline
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I’ll be surprised if they make it through August. The interviews with their CEO are borderline delusional and their attempts to buy production companies and invest in movies made no sense. They’re not going to reach the critical mass to be able to influence enough movie going to force the theaters to negotiate lower prices (the Netflix model).
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Old 07-28-2018, 11:34 AM   #3
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I’ll be surprised if they make it through August. The interviews with their CEO are borderline delusional and their attempts to buy production companies and invest in movies made no sense. They’re not going to reach the critical mass to be able to influence enough movie going to force the theaters to negotiate lower prices (the Netflix model).
I purchased the annual pass back in April and have seen 11 movies with it s. I far. With the changes they made yesterday, my only way of seeing any new releases is to purchase tickets to a less popular movie and then go into the theater that is playing the movie I want to see. If I were paying month to month I would probably consider canceling their service.

If I had to guess, MP was also banking on most of their customers buying the membership and rarely seeing movies.
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Old 07-28-2018, 02:04 PM   #4
BigRedChief BigRedChief is offline
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The business model is doomed from the start. Why wouldn’t the big chains just do this on their own? Cutting out the middleman and keep the money is a perfect idea for a huge corporation.

AMC was already all over this concept before MoviePass launched. Luckily Netflix is already estaished or the studios would have crushed it like a bug.
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Old 07-29-2018, 12:49 AM   #5
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Moviepass Blocking Users from Watching Mission: Impossible—Fallout This Weekend

Things appear to be going from bad to worse for MoviePass. The subscription service had to shut down operations this past Thursday because it ran out of money, and to avoid the same thing from happening twice, it is blacking out all of its customers from watching one of the biggest summer blockbusters: Mission: Impossible – Fallout.

On Thursday night, MoviePass users experienced an issue that prevented them from using the app. It was later revealed that MoviePass had run out of money, so it completely suspended service. By Friday morning, it had secured a $6.2 million loan to continue services but not before blocking users from watching Mission: Impossible – Fallout during its debut weekend.

The option to pay for surge pricing is not even available for users who want to watch the movie.

Making matters worse, just about every movie time past 11 a.m. at any theater has surge pricing. It has been confirmed by multiple users that any movie with surge pricing will cost an additional $6. Prior to the money woes MoviePass ran into this week, surge pricing came in around $2 to $4.

[...]
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Old 07-29-2018, 05:34 PM   #6
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Quote:
Originally Posted by BigRedChief View Post
The business model is doomed from the start. Why wouldn’t the big chains just do this on their own? Cutting out the middleman and keep the money is a perfect idea for a huge corporation.

AMC was already all over this concept before MoviePass launched. Luckily Netflix is already estaished or the studios would have crushed it like a bug.
Netflix lucked out when home video started to dry up. They just couldn’t help themselves or turn away from the extra check and ended up creating a monster.
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Old 07-29-2018, 08:39 PM   #7
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Wife tried to use moviepass tonight and for the third time it wouldn't let her check in. They never did refund her first two tickets and we all know they won't refund this one. Great idea that soured fast.
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Old 07-30-2018, 06:51 AM   #8
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Wife tried to use moviepass tonight and for the third time it wouldn't let her check in. They never did refund her first two tickets and we all know they won't refund this one. Great idea that soured fast.

They blacked out every movie where I live on Friday and Saturday so I couldn’t buy a ticket to anything. The metro area has 12 theaters yet all were supposedly “too busy”. I prepaid for a year back in April so I guess I am stuck with the membership until then, but it looks like I’ll be paying for my movies from now on.

Last edited by Spott; 07-30-2018 at 11:57 AM..
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Old 07-30-2018, 07:13 AM   #9
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A friend of mine used it to see Equalizer 2 on Saturday in KC. He used the e-ticket feature, not the card.
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Old 07-30-2018, 07:32 AM   #10
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I hope it survives in some form or another? Havent some of the theater companies started their own version of it?

I think it helps drives more business/trips to a theater. People are more willing to take a chance on lesser known movies with lower budgets.
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Old 07-30-2018, 10:36 AM   #11
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Originally Posted by Deberg_1990 View Post
I hope it survives in some form or another? Havent some of the theater companies started their own version of it?

I think it helps drives more business/trips to a theater. People are more willing to take a chance on lesser known movies with lower budgets.
AMC started their own
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Old 07-30-2018, 08:28 PM   #12
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Quote:
Originally Posted by Spott View Post
They blacked out every movie where I live on Friday and Saturday so I couldn’t buy a ticket to anything. The metro area has 12 theaters yet all were supposedly “too busy”. I prepaid for a year back in April so I guess I am stuck with the membership until then, but it looks like I’ll be paying for my movies from now on.
The app shows no movies at all for us now. Click on a theater and it said no showings available and listed no movies.
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Old 07-30-2018, 08:34 PM   #13
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Literally losing money on every ticket sold didn't work out? What a surprise.
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Old 07-31-2018, 12:30 PM   #14
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Looks like they're raising the price soon...

Quote:
A future increase of the standard pricing plan to $14.95 per month within the next 30 days.

https://finance.yahoo.com/news/movie...133700221.html
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Old 07-31-2018, 12:37 PM   #15
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I had month to month, we enjoyed it for 2 months then came the surge pricing..at over $8/movie surge pricing..which is basically the price for a movie anyways..we cancelled our memberships a few days ago.

I wouldn't be surprised to see a class action against them if they won't refund a portion of the yearly memberships..unless they had informed us of surge pricing coming when before everyone signed up
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