Maybe a brothel subscription service for Bangkok!
8/10: Annual users will not be capped at the 3-per-month plan.
8/24: Annual users will now be limited to 3 movies per month and anything you’ve seen after Aug 15 will be retroactively applied to your total.
Wow. Holy shit that is a shoddy move. I never thought I’d be glad to still be monthly!
We haven’t been able to use MoviePass for a month. Either no showings or just a short list of mostly crappy films. Yesterday, again no showings available … or were there? We saw no showings available early in the day, but then our neighbor saw something available later in the afternoon. It’s like playing Whack-a-Mole.
If it stops picking up at least one movie a month for us, we’ll have to cancel.
That’s too bad. I miss it and would’ve resubbed even with restrictions if it actually worked.
I was given the opportunity to cancel my year-long subscription with a prorated refund and I took it. I’m still in the 30-day processing window but I honestly am not holding out hope that the money actually comes through.
Even if it doesn’t, I got value out of the subscription.
My renewal date for my annual $90 subscription is in early December. I wonder should I just wait it out a couple of months before cancelling, or is it safer to cancel now?
Personally, I’d bail out now. As others have noted, MoviePass is pulling some really shady moves to pull in cash as it sinks into bankruptcy. Maybe you’ll get a letter from them informing you they just renewed your membership two months early. Sure, you can protest but what are the chances you’ll ever get your money back? Cancel your subscription and tell your bank not to process any charges on your account from the company.
We were able to use Movie Pass yesterday for A Simple Favor. That is the film we wanted to see, and it and one other was being offered by MP. Since this is the first weekend for A Simple Favor, we were pleasantly surprised.
Now, this particular movie theater, in Kahala Mall, has lower ticket prices than some. Matinee, which we went to, would have been $9.25, maybe 50 cents less since I now get the senior discount. So that still isn’t quite the $9.95 I pay for MP. (Another one we go to charges around 12 bucks for a ticket.)
But there was a new and interesting development. Neither I or the wife was asked to take a photo of the ticket and upload it.
My year MoviePass subscription was bought through CostCo, and I have not been limited in the number of films I can see per month. I used it three times in the last week. I am limited to the films listed in the app.
Just for the hell of it I googled Moviepass. The first result was a paid ad for Moviepass which takes you to this page:
https://www.moviepass.com/
So they are apparently not only accepting new members but paying to reel them in.
With shares sitting at $0.013 there is talk of another reverse split in the range of 250-500 to 1. Apparently you can’t remain listed on Nasdaq if your share price is less than $1.
Their shares are starting to look like the Zimbabwe dollar.
If the 1.7 million I Googled for number of shares is correct, then at 1.3 cents per share all of them together are worth $22,100. Do a 250 to one merger and that leaves 6800 shares worth $3.25 each.
It’s approaching the point where it would be more economical to buy the company than pay the annual subscription fees.
the market cap for HMNY is $8.279 million. That is the current value of the outstanding shares. At $0.013/share there are approximately 637 million shares outstanding.
Here is where I got the 1.7 million figure.
according to Nasdaq there are 816,073,000 shares outstanding. For a little over 10 million could buy them all. I probably wouldn’t recommend it
A message from the CEO of MoviePass: PLEASE DON’T CANCEL.
Boy, am I glad I never subscribed. Apparently some former subscribers who have already cancelled are being re-subscribed without their express approval. If you want to avoid being charged, you have to opt out. In other words, cancel a service you’ve alredy cancelled once. If you’re one of those people, you will have been sent an e-mail within the last few days, but you might easily have missed it. You only have until tomorrow, Oct. 4, at 9 PM eastern time to cancel. Some former MoviePass users will now have to “opt out” to avoid charges - Vox
I can’t see how that’s legal. I’m not sure whether the credit card issuers are going to let them get away with it.
I’m pretty sure the credit card they have on file was cancelled by my bank after a security breach. If they can’t charge my card, am I home free?
Even if it’s an active credit card, you’re pretty well protected, unless the vendor can prove that you authorized a recurring charge. And if they are playing fast and loose with recurring charges by introducing hoops to jump through to cancel, the CC company will probably grant a chargeback anyway. Certainly, if you have cancelled, and you can prove it (with a screenshot or something) you will get subsequent CC charges refunded easily.