Even though they aren't making money customers did pay to use the service. You can't just change the terms after you get the money - they've just defaulted on their obligations.<p>The officers are opening themselves up to liability issues by continuing to run a known insolvent business and losing more investor money.
I feel a bit foolish having bought a yearly subscription in March......<p>But then again I have seen more than enough movies to break even on that yearly price so perhaps I was not so foolish after all!
If you go to their website right there, first thing you see:<p>UNLIMITED.<p>ANY THEATRE. ANY MOVIE. ANY DAY.<p>ToS:<p>2.3 The Service excludes premium showings such as: 3D films, IMAX, 4D, XD and specialty theaters. THE SERVICE PROHIBITS REPEAT VIEWINGS OF THE SAME MOVIE....The Service is available every day of the week, subject to the theater being open, inventory, and usage.<p>2.4 MoviePass reserves the right to offer members a new price option if they exceed watching a certain amount of movies per month.<p>2.4.ii To the extent that IMAX or RealD 3D or other premium format showings are ever offered to subscribers, these showings will also be subject to surcharge pricing....Subscribers may avoid this surcharge by choosing an alternative date, time of day or film.<p>So it's not unlimited - it's limited to 1 movie per day. It's not any theatre, it excludes specialty theatres. It's not any movie, high profile blockbusters are excluded. It's not any day, high demand days you won't get tickets.<p>Even if this company were successful, they're a damn slimey company. Quite nice to see them going out of business.
My brief experience with MoviePass when they first opened...<p>I've typically gone to Alamo Drafthouse. It's a somewhat upscale theater chain if you're not familiar. Pairs of seats share little tables, you buy a ticket for a specific seat, and they serve meals and drinks during the film.<p>When MoviePass came out I doubted they'd include Alamo but looked anyway. The local Alamo did indeed show up among the MoviePass theaters so I signed up.<p>When I tried to use it, I checked in advance because I've learned that the good seats get reserved early so unless it's a mostly empty showing, getting a ticket at the last minute can relegate you to the eyestrain seats in the very front couple rows.<p>The app said I could only get a ticket if I was geographically close to the theater. I can't reserve good seats well in advance. In fact I can't even head to the theater knowing I have tickets. I have to go there first hoping that a) I can get tickets and b) hoping I can get good tickets.<p>The idea being, I guess, that MoviePass' arrangement with Alamo is purely about helping Alamo fill any seats that may still be unsold when the movie is about to start. And then maybe Alamo can sell those people some food and drinks.<p>This might work for someone who will stop by a theater often, has flexible plans, and sees a lot of less popular showings. It's a total non-starter for someone like me who goes only occasionally to mostly highly anticipated films and always as a date with a significant other who cares a lot about having a plan in place and getting good seats.<p>Oh well, what did I expect. It's a cheap monthly subscription.<p>But the final frustration was trying to quit. I recall the app making this rather difficult and non-intuitive, and then warning that if I quit I wasn't going to be permitted to sign up again.
I hear that they were losing $21 million a month. I’m not business expert, but that can’t be good. So I decide to sign up for AMC A-List: <a href="https://dealspure.com/AMC-Promo-Codes/Coupons/P1WZUFNP61" rel="nofollow">https://dealspure.com/AMC-Promo-Codes/Coupons/P1WZUFNP61</a>