MoviePass, a known movie ticketing service, is back in action just in time for the Memorial Day weekend.
After a turbulent journey that saw the company filing for bankruptcy in 2020, MoviePass is reemerging with a fresh outlook, revamped plans, and a renewed dedication to supporting the movie theater industry.
MoviePass Is Back: A Look at New Offers
PCMag reports that subscribers can now enjoy up to 30 movies per month at over 4,000 theaters nationwide. MoviePass aims to cater to varying needs and preferences by presenting customers with a range of subscription plans.
Let us take a closer look at the pricing options available: The Basic plan, priced at just $10 per month, allows for one to three films, while the Standard plan, at $20 per month, covers three to seven movies.
The Premium plan offers five to 11 films for $30 per month for those seeking a more extensive selection. And for true movie fans, the Pro plan, available at $40 per month, grants access to an impressive 30 movies.
In the Southern California and New York metro areas, prices range from $20 to $60 per month.
One significant change in the MoviePass model is adopting a credit-based system. Members now have the flexibility to use their credits at any theater accepting debit cards.
This liberating approach ensures that subscribers can indulge in their cinematic desires at various locations without being confined to a particular theater chain.
Bringing Back the Physical Theater
Stacy Spikes, the co-founder and CEO of MoviePass, emphasized the company's commitment to rejuvenating the movie theater industry and driving traffic to theaters, especially during the crucial summer season.
Since its inception in 2011, MoviePass has experienced both consumer acclaim and scrutiny from movie theater chains.
Challenges such as user tracking controversies, evolving viewing regulations, surge pricing, and allegations of fraud eventually led to the service's closure in September 2019, followed by its bankruptcy filing.
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However, undeterred by past obstacles, Stacy Spikes made a triumphant comeback by acquiring MoviePass for an undisclosed sum.
His vision to relaunch the service in 2022 materialized by introducing a beta version later that year. Building upon user engagement and forming strategic partnerships with exhibition partners, MoviePass expanded its reach across the United States, paving the way for its official reopening.
In Other News
Twitch, the popular live-streaming platform, has announced an increase in the monthly price of its subscription service, Twitch Turbo, in the United States and several other countries.
Twitch Turbo offers users the benefit of ad-free viewing, additional emoticons, and more.
In the US, The Verge reports that the subscription cost will rise from $8.99 to $11.99 per month. Details about the revised prices for other countries can be found on Twitch's official support article.
Stay posted here at Tech Times.
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