MoviePass is reportedly back and it starts at $10 monthly. The cheapest credits-based plans as you should now allow you to watch one to even three movies every month.
MoviePass is Back
It is now official: MoviePass is back. And now, under the new points-based system of the company, you can pay $10 per month just to watch one to three movies at any of the 4,000 participating theaters all through the US.
And in addition to the $10 / month Basic plan, the MoviePass system offers three more expensive subscription options which are a $20 / month Standard plan for three to seven movies per month, a $30 / month Premium plan for up to five to 11 movies per month, and then a $40 / month Pro for up to 30 movies per month. There is also a separate and more expensive subscription for customers in Southern California and the New York metro area.
The reason why each tier as stated includes a range of movies that you can watch has to do with the way the new credits system of MoviePass works. Every tier as you should know offers a different number of credits that you can easily redeem on movies every single month, with the Basic tier having the least number of credits and then the Pro plan on the other hand having the most.
How MoviePass’ New System Works
And according to MoviePass, the credit value of a film can fluctuate all depending on a number of factors, and they are including the time of day and day of the week that you want to watch it. Based on tweets from customers who already tried the service, credit costs have changed without any form of warning and can also vary significantly across showings.
And if you don’t make use of all your credits, MoviePass says that it will roll them over to the following month, thus allowing you to have a maximum of two months’ worth of unused credits in your account to be utilized at a later date. Once you get to sign up for the service, you will get a MoviePass card within 10 to 15 business days that you will need to use at supported theaters.
MoviePass Bankruptcy
After originally launching back in 2011, MoviePass drastically lowered its price in 2017, thus letting customers to watch an “unlimited” number of movies with a $9.95 per month subscription. That too-good-to-be-true pricing however eventually catapulted the company directly into bankruptcy two years after. The move also led to a lawsuit from the Securities and Exchange Commission (SEC) over accusations that the service reportedly lied about the profitability of its business model.
Stacy Spikes, MoviePass co-founder who was fired from the company back in 2018 for questioning the sustainability of its business model however decided to bring the service back in February of 2022. The company has been gradually adding users to its waitlist ever since the previous year. MoviePass at the moment is accepted at most major movie theater chains, and this is including AMC, Cinemark, and Regency, along with other local options.
What Spikes Has To Say about MoviePass
“By opening up MoviePass to film lovers nationwide, we are expanding our support of the movie theater industry by helping drive traffic to all theaters during the critical summer season,” said Spikes in a statement stated. “Our newly designed service offers our members greater choice and flexibility for how they use their monthly credits, while continuing to encourage them to watch movies in theaters.”
MoviePass Compared To Other Movie Theater Subscription Tiers
When compared to other movie theater subscription tiers, just like the $19.95 / month AMC Stubs A-List subscription or the $18.99 / month Regal Unlimited plan on the other hand, MoviePass really stands out in that it starts at a very cheaper price and that it is available at a wider variety of theaters. And unlike these very two subscriptions, however, MoviePass does not come with additional perks such as free popcorn and other discounts on concessions.
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