Business
WTF, MoviePass is launching surge pricing
MoviePass isn’t going down without a fight. The subscription-based movie ticket service is about to face major competition from AMC and will introduce several new measures in July to fight financial ruin.
Among those changes are a bring-a-friend option, IMAX and 3D films, and surge pricing – like Uber.
MoviePass C.E.O. Mitch Lowe told Business Insider that “high demand” films will incur an additional $2 fee when purchased through MoviePass (depending on time as well). That’s $2 on top of the $9.95 most users are paying per month for unlimited films in theaters, and less than a box of Sno-Caps.
Lowe said the company wants to “make sure that we can continue to offer a valuable service and support the whole enterprise.”
The surge pricing will start in July, and users can expect to see bring-a-friend and IMAX/3D options around August.
AMC’s new A-list subscription includes IMAX and 3D films, which MoviePass does not currently offer but has had in the past where users would simply pay the price difference between a 3D and a regular ticket. That tracks with the upcoming 3D option, which Lowe said would be between $2 and $6 per ticket. Additionally, IMAX/3D films and the plus-one option will be mutually exclusive, at least to start.
!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;
n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,
document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1453039084979896’);
if (window.mashKit) {
mashKit.gdpr.trackerFactory(function() {
fbq(‘track’, “PageView”);
}).render();
}
-
Entertainment6 days ago
‘Interior Chinatown’ review: A very ambitious, very meta police procedural spoof
-
Entertainment5 days ago
Earth’s mini moon could be a chunk of the big moon, scientists say
-
Entertainment6 days ago
X users are fleeing to BlueSky: Here’s a quick-start guide on how to sign up
-
Entertainment7 days ago
6 gadgets to help keep your home clean, from robot vacuums to electric scrubbers
-
Entertainment5 days ago
The space station is leaking. Why it hasn’t imperiled the mission.
-
Entertainment4 days ago
‘Dune: Prophecy’ review: The Bene Gesserit shine in this sci-fi showstopper
-
Entertainment3 days ago
Black Friday 2024: The greatest early deals in Australia – live now
-
Entertainment2 days ago
How to watch ‘Smile 2’ at home: When is it streaming?