MoviePass May Need To Change Strategy As Stock Plummets

MoviePass app

If people haven’t heard of MoviePass yet, it just might be too late to do anything about it. A popular, yet broken movie theater subscription service wherein members pay a flat monthly fee to get the chance to go to a predetermined (or, in one variation, an endless) number of movies at their local theaters each month, MoviePass may be hitting on hard times.

MoviePass was founded in 2011, but it receive a great deal of attention until 2017 when it announced moviegoers could essentially go to one movie each and every day of the month and still only pay about $10 (original plans were $30+). This greatly expanded its customer base and, as of early in …

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The post MoviePass May Need To Change Strategy As Stock Plummets appeared first on Screen Rant.

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About Baby Bel

I'm a single mum, waiting on my knight with shining armour but the best I can hope for is my 7 year old wrapped in tin foil. You can normally find me on my hands and knees (cleaning the kitchen floor). Getting wet in the bathroom (cleaning the kids honest). Dirty in the garden (digging weeds). Being creative in the kitchen (spaghetti hoops on toast ah viola!)

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