Saturday, 17 November, 2018

MoviePass drops price but limits subscribers to three movies a month

Image Shutterstock  Take Image Shutterstock Take
Herman Weaver | 07 August, 2018, 22:24

After several outages in the last few weeks that many say was linked to lack of cash, MoviePass has been looking at ways to become more profitable. "Additionally, the new plan addresses past misuses which imposed undue costs on the system, including ticket scalping, unauthorized card usage and other activities, which in the past necessitated the use of certain remedial measures that have sometimes been inconvenient for our subscribers". MoviePass, the discount service for movie tickets, announced it will not be raising prices but will be capping theater visits at three per month.

15, MoviePass subscribers will be allotted three films per month, a significant reduction from the current one movie a day allowance.

Under the revised policy, set to begin on August 15, the $9.95 a month fee remains unchanged but MoviePass will drop its surge pricing and its recent move to block sales of tickets to recently opened blockbuster movies. MoviePass has been making change after change in recent months to stem the losses, including the introduction of Uber-esque Peak Pricing for popular movies at highly trafficked showtimes and limits on new releases. Instead of a monthly fee of $14.95, subscribers will continue to pay $9.95 a month.

Gates Admits Embezzling From Manafort, Helping Hide Fraud
Ellis repeatedly clashed with prosecutors about the relevance of such testimony and once again urged them to speed things along. Gates told jurors that he siphoned off the money without Manafort's knowledge by filing false expense reports .


Mendocino Complex Fire Now Largest In California History
In Shasta County, the Carr fire located near Redding, California has burned entire neighborhoods and forced thousands to flee. That was only about 10 percent higher than that the 3,440 last year and the 3,405-acre average for the last 5 years.


Meeting in Trump Tower Was to Get Information on Clinton
But on Sunday, Trump tweeted the meeting discussed information and getting dirt on his election opponent, Hillary Clinton . But I don't like the war declaration because it will lead to something that none of us really want, ' he said.


The change comes a week after MoviePass said it would increase its monthly $9.95 subscription plan to $14.95. MoviePass has also suspended Peak Pricing and Ticket Verification for all its subscribers who have already migrated to its new plan. MoviePass recently announced that it wouldn't be letting customers get tickets for any big release in the first two weeks of its opening, which caused a predictable backlash.

Even with the sharp cut in member benefits, there is no guarantee that MoviePass will be able to survive.

The app suffered a minor meltdown last month when Helios & Matheson ran low on cash, causing the app to stop working. The stock rose 3 cents to 10 cents per share in early trading Monday, soaring over 45 percent on the new plan news.

Recommended

  • Saudi suspends flights to Canada ahead of Hajj

    Saudi suspends flights to Canada ahead of Hajj

    A Twitter account linked to the Saudi government posted an image showing a plane flying towards the skyline in Toronto. Riyadh has also recalled its ambassador from Ottawa and has also expelled the Canadian ambassador in Saudi Arabia.
    Urban Meyer says he failed on media day dealing with Zach Smith

    Urban Meyer says he failed on media day dealing with Zach Smith

    Courtney Smith was anxious about how all this would affect their two children, who were very young and highly impressionable. Meyer's wife Shelley is also an important piece to this situation as she was contacted by Smith's ex-wife, Courtney.
    Margot Robbie shares first photo as Sharon Tate

    Margot Robbie shares first photo as Sharon Tate

    And now that filming has begun, Robbie took to Instagram to share our first peek at her doomed actress dressed in '60s garb. Earlier, Leonardo DiCaprio shared a photo of himself and Brad Pitt on set in some very era-appropriate threads.
  • Video shows Brooklyn nail salon workers attacking customer

    Video shows Brooklyn nail salon workers attacking customer

    The video was filmed and uploaded to Facebook by one of the customers who was in the salon during the incident. Prosecutors are now reviewing additional evidence and may later alter those charges, the station reported.
    NASCAR CEO Arrested for DWI, Drug Possession

    NASCAR CEO Arrested for DWI, Drug Possession

    Shirley Hill, a witness, told authorities she called 911 and reported France for driving at a reckless speed before the incident. That arrest sounds very straightforward, for all intents and purposes, but TMZ , who first broke the news, had other details.

    OSU: Decision on Meyer's status expected within 2 weeks

    Here is a full breakdown of how Ohio State plans to conduct the investigation into Meyer and his handling of the situation. Meyer later admitted he'd been untruthful when asked about the alleged incidents.
  • Largest wildfire in California history still growing

    Largest wildfire in California history still growing

    It was listed as the sixth most-destructive in state history, having destroyed more than 1,600 structures, according to Cal Fire . Aircraft are dropping retardant across ridgelines to keep fire from racing down hillsides toward residential communities.
    Apple and Facebook Pull Alex Jones' Conspiracy-Laded Content

    Apple and Facebook Pull Alex Jones' Conspiracy-Laded Content

    The lawsuit was heard last week in Texas , with Jones' attorney arguing that his clients' assertions are protected by free speech. Soon thereafter, Jones and his podcast was banned by Spotify and five of the six Infowars podcasts were removed from Apple .
    LeBron James to produce Showtime documentary 'Shut Up and Dribble'

    LeBron James to produce Showtime documentary 'Shut Up and Dribble'

    The comment came after Trump on Friday had tweeted " Lebron James was just interviewed by the dumbest man on television, Don Lemon ".
  • Osinbajo sacks DG of DSS, Lawal Daura over National Assembly Invasion

    Osinbajo sacks DG of DSS, Lawal Daura over National Assembly Invasion

    He said, the "unlawful act, which was done without the knowledge of the Presidency, is condemnable and completely unacceptable". A spokesman for Vice President Yemi Osinbajo said in comments on Twitter that DSS head Lawal Musa Daura had been fired .
    Israel Seizes Swedish Aid Ship En Route to Gaza

    Israel Seizes Swedish Aid Ship En Route to Gaza

    A 25-year-old Palestinian was killed and 90 were wounded by Israeli army fire, Gaza health officials said. Hamas is considering Egyptian proposals for a truce with Israel and the UN-led reconstruction of Gaza.
    Matteo Kovacic set to sign on loan from Real Madrid

    Matteo Kovacic set to sign on loan from Real Madrid

    Asked about the 32-year-old's future, Lopetegui told reporters: "The president has already said what needs to be said and there's nothing more to say".

[BREAKING] Dead baby found aboard plane at LaGuardia airport [BREAKING] Dead baby found aboard plane at LaGuardia airport A dead fetus was found in the bathroom of a commercial American Airlines plane on Tuesday morning. An autopsy is being performed on the fetus to determine cause of death.

Elon Musk considers taking Tesla private in tweet, shares rise Elon Musk considers taking Tesla private in tweet, shares rise The company is now valued at just over $60 billion, with Musk holding an nearly 20 percent stake in the company. That price would represent a 22.8 percent premium to Tesla's closing price on Monday.

DMK Patriarch Karunanidhi, Dies At 94 DMK Patriarch Karunanidhi, Dies At 94 It is said that he can remember the name of any ordinary party worker at any far corner of the state, reported The Hindu . Congress leader Ghulam Nabi Azad reacted to the protests and said, "The Tamil Nadu government should not play politics".

SpaceX Falcon 9 rocket launched from Cape Canaveral SpaceX Falcon 9 rocket launched from Cape Canaveral The reusable stage one booster touched down on the droneship "Of Course I Still Love You" approximately nine minutes after launch. Yes, the first stage was just used in a launch back in May that sent Bangladeshi communications satellite Bangabandhu into orbit.

Arie Luyendyk Jr. reveals he visited ex Becca Kufrin on The Bachelorette Arie Luyendyk Jr. reveals he visited ex Becca Kufrin on The Bachelorette I never realized the power behind a mindless double tap on Instagram and how it bears so much weight on people's lives. Most fans saw this coming - Blake gets his heart broken into a million pieces and Becca gives her final rose to Blake.

Luxury yacht at centre of graft probe handed to Malaysia Luxury yacht at centre of graft probe handed to Malaysia He said Indonesia, Malaysia and the US recently activated the mutual legal assistance treaties among themselves. Najib set up 1MDB when he took power in 2009, but it accumulated billions in debts.

Don Lemon Takes Jabs At Donald Trump After LeBron James Interview Don Lemon Takes Jabs At Donald Trump After LeBron James Interview There aren't many people in the world who Donald Trump hasn't slagged off, let's face it. "I support LJ", he said. This weekend's controversy was just the latest in a long-running feud between James and Mr Trump.

Facebook shares soar as it improves banking relationships Facebook shares soar as it improves banking relationships According to the Journal , at least one large US bank pulled away from talks with the company as a result of privacy concerns. When news of the potential partnerships became public, Facebook shares increased by about 3.5% through midday.

New Trump sanctions on Iran take effect despite pleas from allies New Trump sanctions on Iran take effect despite pleas from allies The European Union has sought to salvage the nuclear deal and provide legal cover for its companies to continue operating in Iran. The stiff economic sanctions ratchet up pressure on the Islamic Republic despite statements of deep dismay from European allies.

Opelousas General Health System Celebrates World Breastfeeding Week & National Breastfeeding Month Opelousas General Health System Celebrates World Breastfeeding Week & National Breastfeeding Month The bank has been supplying milk for babies in the city, both in the private and government hospitals, for ten months now. Newspatrolling.com is a leading news cum content syndication portal.

Barcelona offer Mina, Gomes and £50m for Paul Pogba Barcelona offer Mina, Gomes and £50m for Paul Pogba He goes on to report that United do not want to sell the "important" player as they see him as the franchise of the club. Pogba's agent, Mino Raiola, is now in Manchester in a bid to push the complicated operation forward.

Trump would fight any U.S. special counsel subpoena in court: president's lawyer Trump would fight any U.S.  special counsel subpoena in court: president's lawyer Sekulow said on Sunday that he had been mistaken earlier due to "bad information." Sekulow said of Trump Jr.'s meeting. Trump has repeatedly denied that members of his campaign colluded with the Russians.

Browns send Corey Coleman to Bills for late-round pick Browns send Corey Coleman to Bills for late-round pick The video also had a message, probably for his former team and doubters: "I've got some s- to prove". He was named in a police report regarding an alleged felonious assault previous year .

9-year-old robbed at gunpoint at lemonade stand 9-year-old robbed at gunpoint at lemonade stand Union County Deputies are investigating after they say a teen robbed a 9-year-old boy selling lemonade around 3:00 p.m. His family is not letting this incident ruin his dream. "In today's world, people are very bold", he said.

Gates testifies he committed crimes while working with Manafort Gates testifies he committed crimes while working with Manafort Rick Gates has testified that he and US President Donald Trump's former campaign chairman, Paul Manafort , committed crimes. Gates and Manafort have known each other for two decades and ran a multimillion-dollar political consulting business.