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Things only seem to be getting worse for Moviepass. After a tireless summer of revising its popular subscription service from the introduction of surge pricing to increasing the subscription fee, the company stated last week that with its $10 monthly plan, users will be able to watch 3 movies of their choice, a drastic change from one year ago where the service allowed subscribers to watch a movie per day, which gave the service its "unlimited" brand. But now, the company is experimenting with another revision in which users will only be allowed to watch between two movies. On August 10, subscribers could only choose to watch critically-disdained horror film "Slender Man" or critically-acclaimed "Mission: Impossible Fallout." While "Mission: Impossible" would still be a good alternative, the showtimes were limited, being available only on 2:30PM and 10:45PM, for instance at an AMC in Times Square. Quite the opposite of "unlimited." ...

First, it introduced surge pricing, forcing users to pay an extra price for popular movies such as Jurassic World: Fallen Kingdom  and Incredibles 2 . Then, it suffered from a service outage after not having enough cash to fund its "processors" or "merchants," enraging users who were unable to use its card to buy tickets for Mission Impossible: Fallout during the movie's previews. And these issues occurred several times throughout the same week. Then, it planned to increase the price of its service while restricting access to view certain movies. Moviepass is approaching rock bottom. After persistently bleeding cash as it funds for users' tickets, the company is struggling to make fees, and its hopes for profitability have become more distant due to its depressing free cash flow. This has greatly affected its parent company Helios and Matheson Analytics and its stock HMNY as it is currently trading below a dollar, despite performing a 1-for-250 reverse st...

"What comes up must come down." It appears that the most economic-friendly entertainment service Moviepass is approaching its end... again. The company that is revolutionizing the theater industry is on its ropes as its cash pile is rapidly being depleted. In recent months, Moviepass has attained stunning popularity due to its alluring subscription service that allows users to watch a movie per day in theaters for just $10 a month. In most areas, watching one movie in a month will give more than the subscription's worth since the average ticket price in many places range from $11 to $13. This business model has persistently placed Moviepass's parent company Helios and Matheson Analytics in escalating debt as it funds the full price when purchasing the tickets from merchants and vendors such as AMC and Cinemark. On July 26, the company suffered from a service outage, in which users couldn't use their subscription cards to purchase their tickets. This occurred ...

It is that time of the year again: summer! A time to enjoy, travel, and watch new summer blockbusters. The summer season is usually the hottest for theaters, but the summer of 2017 turned out to be the worst in box office results since 2001. As a result, a new movie ticketing concept emerged last year that has generated much enthusiasm in the past few months. Called MoviePass, this company has altered the movie industry by its groundbreaking subscription service that entitles members to watch a movie per day for the cost of $10 per month. Since the movie ticket prices in most states surpass $10, many people are getting more than their money's worth by watching just one movie. As of June of 2018, MoviePass had 3 million subscribers and believes it will attain its goal of 5 million by the year's end. However, MoviePass's service benefits more than just its subscribers. MoviePass has rejuvenated the movie industry. People have a greater incentive to watch movies. That...

The movie industry has essentially remained the same throughout decades. Go to your local theater, buy a ticket, and watch the movie while eating snacks. While video streaming services such as Netflix and Amazon Prime Video have infiltrated the market by providing their own content, people still go to theaters to watch the latest releases on a large screen with an effective sound system. There haven't been any other changes to the film industry... until 2017. A new concept was introduced that focused on the theater experience, as opposed to new quality content. A new order was created that prioritized the customer benefits, as opposed to the pursuit of the customers' money. This revolution was introduced by MoviePass. In August 2017, MoviePass announced a subscription service in which members can watch a movie per day by paying a flat fee of $10 per month. In most states in the U.S, the average ticket price of a movie theater is more than $10, making MoviePass'...