×
You will be redirected back to your article in seconds

Struggling MoviePass Converts Annual Subscriptions to Monthly Plans

Movie subscription service MoviePass has pulled the plug on annual subscriptions, telling those subscribers that they will have to adhere to the same terms as monthly subscribers.

The service made the announcement Friday in an email to those members and offered them prorated refunds if they want to cancel their annual memberships.

“We want to thank you for being a loyal member of our annual MoviePass plan,” the email said. “Your commitment to MoviePass has contributed to making our vision for an accessible and affordable moviegoing experience a reality. After experimenting with different models and options, we believe that our current monthly plan captures the need of our community — keeping prices low while continually striving to offer a wider selection of films.”

Until Friday’s announcement, subscribers to the $89 annual plans had been able to see a movie a day and had not been affected by the recent restrictions imposed on monthly subscribers. It announced on Aug. 23 that it was offering up to nine movies to choose from daily, whereas it told subscribers on Aug. 16 they’d be limited to six per day.

“This new offering is part of the transition to our new subscription model,” MoviePass said Friday. “We’re excited to offer subscribers the option of going to three movies a month for $9.95 and providing up to a $5.00 discount for additional movie tickets. We are grateful to our MoviePass community and have offered a number of our annual subscribers the option for a refund if the new plan doesn’t align with their viewing preferences. With this transition, we intend to offer more film options so subscribers can continue exploring a wide variety of movies. We believe that our new plan is a positive change in the right direction and that it captures the needs and desires of most of our MoviePass community in our journey for an accessible and quality movie experience.”

This weekend, MoviePass’s lineup includes Melissa McCarthy comedy “The Happytime Murders.” But it excludes the two biggest movies currently in theaters: “The Meg” and “Crazy Rich Asians.” Other popular films in current release that are a no-show for MoviePass: “Mission: Impossible — Fallout,” “Christopher Robin,” and Spike Lee’s “BlacKkKlansman.” The upcoming lineup includes indie films such as John Cho-starrer “Searching,” which bows at nine locations this weekend, along with “We the Animals,” “Papillon,” “An L.A. Minute,” “The Miseducation of Cameron Post,” “Skate Kitchen,” and “Juliet, Naked.”

The limited availability of blockbuster films stems from the fact that MoviePass pays a premium for the most in-demand moves during peak periods. The company’s dramatic curtailing of options for customers — coming off a loss of nearly $127 million for the second quarter — is another setback.

More Film

  • Russell BobbittMarvel Studios talk at Beth

    The Best Gifts For Marvel Fans

    From the success of “Deadpool 2” (stream, $5.99 on Amazon) to the rise of “Black Panther” (stream, $3.99 on Amazon) 2018 was a big year for the Marvel Universe. With the holidays just around the corner, we’ve rounded up some of the best Marvel-related gifts, fit for wannabe superheroes, and casual fans alike. 1. Spider-Man [...]

  • Valerian

    EuropaCorp in Advanced Talks to Sell Off Its Post-Production Facility (EXCLUSIVE)

    Luc Besson’s EuropaCorp is in advanced discussions to sell its vast post-production facility, Digital Factory, to Chinese research and engineering studio Southbay, Variety has learned. Southbay specializes in 3D conversion, VFX and post-production for film and TV, and has offices in Los Angeles and in Hangzhou and Shaoxing in China. EuropaCorp is one of Southbay’s clients, along [...]

  • 'Self-Portrait With Boy' in Development at

    'Self-Portrait With Boy' in Development at Topic Studios

    Topic Studios (“Leave No Trace”) has bought rights to Rachel Lyon’s debut novel “Self-Portrait With Boy” and plans to develop the project as a feature film. Lyon will adapt her own novel. John Lyons (“Boogie Nights”), who recently signed a first-look deal with Topic Studios, has come on board to produce. The story is set [...]

  • Ventana Sur Animation Panel Focuses On

    Ricardo Cortes Vera Talks Audience-Driven Content at Ventana Sur

    BUENOS AIRES, Argentina — Ricardo Cortes Vera, commissioning editor for Señal Colombia, introduced the audience-driven children’s content his company is renowned for in hopes of encouraging a crowd of animators into submitting their own work to the channel. He did so in a keynote address given Tuesday afternoon in Buenos Aires, at the Animation! strand [...]

  • Films by Francois Ozon, Fatih Akin

    Berlin Film Festival: New Films by Francois Ozon, Fatih Akin, Denis Cote in Competition

    New films by Francois Ozon, Fatih Akin and Denis Cote are among the titles that will compete for the Golden Bear at the upcoming Berlin Film Festival. German director Akin’s “Der Goldene Handschuh” (“The Golden Glove”) and French helmer Ozon’s “Grâce à dieu” (“By the Grace of God”) were announced by the Berlinale in its [...]

  • Picture Tree Sells Berlin Competition Film

    Picture Tree Sells Berlin Competition Title 'The Ground Beneath My Feet'

    Picture Tree Intl. is on board as the sales agent for “The Ground Beneath My Feet” (Der Boden Unter Den Füssen), which the Berlin Film Festival revealed Thursday will be in its main competition section. The Austrian drama, directed by Marie Kreutzer, stars Valerie Pachner, Mavie Hörbiger and Pia Hierzegger. The film centers on high-powered [...]

  • Katherine Jerkovic on FiGa Films-Sold Debut

    Ventana Sur: Katherine Jerkovic On Personal References, Icebergs, and Whispered Truths

    Canada-born with roots in Uruguay, Croatia and Argentina, Katherine Jerkovic split her childhood between Belgium and Uruguay. At 18, she settled in Montreal and studied film at Concordia University. After a few shorts (“The Winter’s Keeper”) and some video-installations, she has finished her first feature, “Roads in February.” The film is a co-production between Nicolas [...]

More From Our Brands

Access exclusive content