MoviePass manages to get more expensive and less useful
Lastly, MoviePass just got a little bit worse.
The company announced today that it would raise its $9.99 monthly fee to $14.95, as well as limit access to new major release movies.
During the first two weeks of the run.
That makes this thing pretty worthless, right?
No, that's not that bad.
What do you, wait so if you like I mean Mission Impossible came this past weekend.
You couldn't watch it.
You're limited, you'd have to wait two.
Two weeks before, you could actually watch the film.
I guess I'm not at all suprised.
The whole set up was too good to be true.
[UNKNOWN] knew there was a shoe that was gonna drop at some point.
I think they were like losing money so quickly.
Yeah, basically their business model I have to lose more money as they grew customers.
That's like the opposite of what the trade is doing.
They're like, movie industry.
You guys are so stodgy and old, we figure that out.
A brilliant way that just give things away for free, customers-
They literally plot of an episode on Silicon Valley, like their pizza app thing.
They were losing money on that.
But they're grown customers are all good.
I think People still love movie pass, maybe less so now so if we'll see the cult excitement for them dies down
I have to imagine that people are going to log off of Movie Pass at this point.
Again, AMC offers it's own alternative now so.
If nothing else, at least MoviePass spurred the movie industry to, the theater industry to make some changes.
All right, for more of these stories, check us out on C|NET.
I'm Roger Cheng.
I'm Ben Fox Rubin.
Thanks for listening.