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moviepass says it will start acquiring movies, too


on the heels of hitting a 1.5 million subscriber milestone and bringing on a new marketing chief, the subscription service for watching movies in theaters, moviepass, today announced it’s going to start buying movies, too. the company says it will begin to invest in films so it can share in their success beyond the box office, including on other platforms like streaming, dvd, and on-demand.at present, moviepass is seeing rapid growth thanks to dramaticcuts to its subscription pricing, rolled out last year.essentially, the company is subsidizing the cost of its subscription with the capital it raised from data firm helios and matheson analytics inc. (hmny), now its majority owner. the idea is that moviepass will operate in the red while growing its subscriber base, and then hit some sort of






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moviepass tops 1 million subscribers


last month, the movie subscription service moviepass, which lets customers go to unlimited movies in theaters for a monthly fee, lowered its pricing to under $7 per month, when billed annually. this followed an earlier price drop announced in august that brought the service down to $9.95 monthly. today, the company says the introduction of its new pricing model has pushed membership to over a million paying subscribers.that’s up from 600,000 users in october, and 400,000 in september.after the price drop to $9.95/month, analysts projected moviepass would hit the million subscriber mark by year-end. meanwhile, moviepass itself has previously said it aims to reach 2.5 million new subscribers in 2018.the subscription service is a good deal for anyone who likes to go to the movies, but it’s no






moviepass drops pricing to under $7 per month, if you opt for the annual plan


moviepass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the u.s., is slashing its prices yet again. the company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription plan. that works out to a flat fee of $89.95 annually.the deal is a limited-time promotion, as opposed to a permanent pricing change, but moviepass didn’t say how long the offer is valid. however, it is open to both new and existing subscribers – the latter who would receive a 25 percent savings on their current subscription if switching over to the annual plan.this is not the first time that moviepass has dropped its pricing.when the company introduced its $






cinemark announces $8.99-a-month subscription service to fill more seats — and t


cinemark holdings inc., the nation’s third-largest theater chain, has launched a subscription program that gives customers discounts on tickets and concessions, in the latest effort to boost attendance.the plano, texas-based company on tuesday said customers who pay a monthly fee of $8.99 will receive a credit for one movie ticket a month. subscribers can also buy additional tickets for $8.99 each and get a 20% discount on food and drinks.cinemark’s offer, dubbed movie club, marks the latest move by theater chains to draw customers at a time when cinemas are contending with increased competition from other forms of entertainment, especially streaming services in the home such as netflix. it’s also the cinema industry’s first direct answer to moviepass, a new york start-up that offers unlim






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