Moviepass had said we'd get one peak pricing movie per month covered no charge. Something about a Peak Pass? Is that accurate?

I'm sure they're just waiting for the end of blockbuster season.

True. I am wondering what this weekend will be like in regards to peak pricing. Enough people complained from what I hear to see a change in the system. If they want movies in the first week between say 5-12 pm to be peak so be it. Just let us know. The concept of peak pricing changes based upon your personal actual location is not something that will keep membership and if trying to lower membership just end the program

It's 9 AM and damn near every movie at my theater has surge pricing for every showing today.

I cancelled my MP yesterday. It was easy to get in 2-3 movies / month and feel like I was getting a deal. With the peak pricing (at 430 on a Saturday with an empty theater) it really isn't worth it. That was a $5 matinee showing here, and I had to pay $2.55 to moviepass. I don't see how they think this type of model is sustainable. I would have taken a hike in the subscription amount $5 more over this.

WoMD said:

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Moviepass had said we'd get one peak pricing movie per month covered no charge. Something about a Peak Pass? Is that accurate?

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So...is this a no then...?

They did say this, but they haven't rolled it out yet. (Because of course they'll wait till the summer is over.)

Well this didn't go as planned...

https://variety.com/2018/film/news/moviepass-parent-stock-plunges-reverse-split-1202886297/

Quote:

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"We could have made a conscious decision to slow down. We talked about it for months 'If we raise the [subscription] price, we'll slow down the growth' but what Wall Street really wants is to see that growth," Farnsworth said of the growing number of MoviePass subscribers, which he hopes will hit 5 million by the end of the year. "As long as you show that growth story with Wall Street, they will always be behind you."

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Business Insider

I would legitimately question his sanity but knowing his past, there's absolutely no question this has been a con from day one and he's managed to make millions off of the shareholders of HMNY.

Sorry, I took that to mean something different.

Thanks.

$6 peak pricing for Mission Impossible tonight. I was a member before the massive price drop when it was $45 a month, so sure I'm still getting a discount, but this is frustrating.

With as much financial trouble they have been in, I'm looking forward to AMC's plan (A-List) of 3 movies a week at $20 a month. Anyone sign up for that?

There was a $3 surcharge on a $5 matinee this morning where I live. Moviepass quickly became a major joke.

TajMaballer said:

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$6 peak pricing for Mission Impossible tonight. I was a member before the massive price drop when it was $45 a month, so sure I'm still getting a discount, but this is frustrating.

With as much financial trouble they have been in, I'm looking forward to AMC's plan (A-List) of 3 movies a week at $20 a month. Anyone sign up for that?

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I'm planning on moving to the Drafthouse's plan. It looked pretty good when I checked it out and I should be able to sign up no problem since I've been a Victory member for a long time. I see 90% of my movies there anyway.

I haven't been affected by Peak Pricing yet. I thought it would happen last night with Sorry To Bother You, but I avoided it.

I'm honestly just waiting for Regal to announce their own service, then I'm jumping ship. Hopefully it's similar to AMC's.

Meantime, I've been able to swap out standard tickets for IMAX at my Regal, even when the movie is different. So, hopefully I can do that tonight for MI6. Just gotta check into whatever crappy movie I don't plan on ever watching and isn't at peak.

And of course, moviepass is down and I can't check in at all.

Brian Earl Spilner said:

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And of course, moviepass is down and I can't check in at all.

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If this is how MoviePass goes out, before the last big blockbuster, that will be incredibly sad.

I used it today for skyscraper before peak pricing came into effect for today.

The model would work much better at $15 per month with no use the first week of the movies release. That would allow them to probably negotiate with movie theaters more down the line.

An hour now with the system down. Apparently all users have the issue, but e-ticketing is suspiciously working.

This is shady. Just happens to be the night MI comes out.

Brian Earl Spilner said:

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An hour now with the system down. Apparently all users have the issue, but e-ticketing is suspiciously working.

This is shady. Just happens to be the night MI comes out.

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They pulled the same thing on my Thursday night opening of Ant Man & The Wasp

Their stock dropped 35% yesterday. Too much of a coincidence. I think they realize they can't keep the lights turned on

Yep, I'm starting to suspect the same.

https://www.businessinsider.com/moviepass-outage-caused-by-company-temporarily-running-out-of-cash-2018-7

R.I.P.

It was a good run.

On to the next service!

How many movies did everyone see?

Edit: As of right now, I've seen 100 movies. Might use online check in to see Eighth Grade, but keeping it at 100 seems perfect!

This is strangely fascinating

Seen 60 movies since September of last year.

At $14.45 a pop, that's $867. I've paid $110 in 11 months.

I've saved $757.

TajMaballer said:

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$6 peak pricing for Mission Impossible tonight.

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My local theater (Harkins) charges $6 a ticket. It doesn't have the fancy seats, or a waiter, or anything like that, but it's still a great deal.

They had to borrow money at a 24% rate just to stay operating.

But on the other hand, how do you justify loaning them money at this point?

Stock down another 52% today.

This is actually fun to watch the ****show.

jschroeder said:

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They had to borrow money at a 24% rate just to stay operating.

But on the other hand, how do you justify loaning them money at this point?

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I read they borrowed $5 million yesterday. How long will that last them? As news of this gets out, I wouldn't be surprised to see a run on tickets so people can feel like they get their money's worth before things end. I have no idea how many people see a movie on a given weekend, but is it possible they don't make it until August? I assume on August 1, they'll get a bunch more cash from the monthly charges, and they are just trying to keep the service up until then.

They're paying $1.2 million to borrow that $5 million.

Wife and I did the CostCo special back in December. Was $80 each I think for a year? I've only seen 17 movies so far, wife is probably around 10 or 12. Assuming a normal cost around $10 a ticket, I've gotten $170 for $80. Wife has $100 for $80. Has been worth it even if we lose the next 5 months.

I really wish the Cinemark membership was more like the AMC one. Cinemark is our usual stop for movies. Them and Star Cinema Grill.