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MoviePass 'temporarily' closes its doors, claims 'big changes' are coming

By Polycount · 9 replies
Jul 5, 2019
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  1. Today, the service is still around, but it is a shadow of its former self. Not only has it lost the vast majority of its former userbase, but its current "unlimited" offering (which was only re-implemented after high demand) is a bit less appealing than it used to be.

    Though it's been treated as the return of the true $10/month service that MoviePass was built on, that price only applies if you subscribe to the $120 annual plan -- otherwise, you'll be paying $15/month. Further, MoviePass "reserves the right" to limit ticket purchases based on movie popularity and user location.

    MoviePass seems to be aware of its current shortcomings, because the company's website now claims that "Big Changes" are on the way. "For the past several months, MoviePass™ has been working hard to improve our groundbreaking subscription service to ensure it meets the vision that we have for it," the site reads. "We are temporarily not accepting new subscribers as we work on these improvements."

    It's unclear what these improvements will entail, but you can sign up to be notified when they go live right here.

    Until MoviePass finishes this "maintenance" period (as the company's official Twitter account refers to it) existing customers will not be billed. We'll let you know when the service goes live again, and we will be sure to cover any major improvements it receives.

    Image credit: Ringer

    Permalink to story.

     
  2. Knot Schure

    Knot Schure TS Addict Posts: 267   +116

    So, its not a movie pass, if you load it down with all sorts of conditions.

    Why can't anyone run an ethical business anymore?
     
  3. Hardware Geek

    Hardware Geek TS Booster Posts: 88   +69

    To be fair, bankruptcy would qualify as a big change.
     
  4. Uncle Al

    Uncle Al TS Evangelist Posts: 5,390   +3,779

    So many of these internet companies are having a hard time "making it". A lot of it depends upon what business model they adapt and, of course, many want to pull every dime out of the business to give the owners an immediate and significant return on their investment. Some are wise enough to limit the amount of draw the owners can take and it keeps the businesses running longer as well as in the black.
    I would expect this kind of business would study other successful applications like NetFlix and tailor their applications the same way but every time they choose to complicate the issue with lots of little "if, thens, and hows" they reduce the amount of tolerance clients have when there are easier providers in the market place.
     
  5. Dimitrios

    Dimitrios TS Guru Posts: 467   +350

    Wait a few years, "THE RISE AND FALL OF MOVIEPASS."
     
  6. Hardware Geek

    Hardware Geek TS Booster Posts: 88   +69

    Sinema, the son of Moviepass which died in its youth.
     
  7. Evernessince

    Evernessince TS Evangelist Posts: 3,999   +3,483

    Why should they? If there are no rules saying they have to I don't see why any company with shareholders would let money get away from them. After all, shareholders demand absolute profit. If companies previously behaved like they gave a :poop:, it's because the government was forcing them to do so. Lack of rules forcing them to a minimum standard, companies will go to any length for money.
     
  8. Hardware Geek

    Hardware Geek TS Booster Posts: 88   +69

    They have never throughout the life of the company had anything anywhere near to approaching a sustainable business model. Any investors who put money into this absolutely deserves to take a bath on this one.
     
  9. captaincranky

    captaincranky TechSpot Addict Posts: 14,964   +3,999

    The suits at "Movie Pass", will tentatively be mulling these "big changes" over on the beach in a country without any extradition treaties. :eek:
     
  10. toooooot

    toooooot TS Evangelist Posts: 821   +403

    Rest in peace big dream of utopia
     

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