MoviePass Returns With a New Model and Without the Iconic Red Card
MoviePass, a subscription service for movie theaters which shut down three years ago, is making a return. From a report: Remember the golden days of MoviePass, in early 2018, when $9.95 a month got you unlimited movies? And then, remember when right after, MoviePass reported a $40 million dollar loss in May 2018 and tried and failed over and over again to restructure, before finally calling it quits in 2019? Well, MoviePass is back! Starting on Aug. 25 at 9 am EDT, you can sign up for a waitlist at the MoviePass website for the beta version of the new model. But it's not the same MoviePass we once knew and loved, which, let's be real, was always too good to be true. Instead, this time there will be three subscription price tiers -- $10, $20, and $30 -- each with a different number of "credits" to use each month to see movies. MoviePass has not revealed how many credits each tier gets, nor how many credits are needed to reserve a ticket.
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