MoviePass has introduced that users will quickly be restricted to seeing just three movies a month. It’s a main change from the present coverage that permits users to see a film as soon as a day with their subscriptions, through The Wall Road Journal. It’s the newest change to the limitless moviegoing service as the corporate desperately tries to keep afloat within the wake of issues like totally operating out of cash on the finish of July.
The brand new plan undoes a number of the modifications that MoviePass introduced final week, together with the $14.95 value enhance and surge pricing. As an alternative, users on the brand new plan will have the opportunity to proceed paying $9.95 per month, though they’ll be restricted to just three movies (one thing that MoviePass beforehand supplied for $7.95).
The brand new plan goes into impact on August 15th. Month-to-month subscribers will have the possibility to subscribe to the brand new plan after that date when their present month-to-month subscription expires, whereas annual subscribers will have the opportunity to hold their current plan till they’re up for renewal. Nonetheless, plainly solely subscribers to the brand new, three-movie-a-month plan will be exempt from MoviePass’ surge pricing and ticket-verification insurance policies.
Additionally sticking round are the added limitations to seeing newly launched movies in the course of the first two weeks of the theatrical run (except the film has a promotional take care of MoviePass). That began most prominently two weekends in the past with the discharge of Mission: Unattainable — Fallout. Users who’re excited about seeing the newest movies in theaters proper at launch will nonetheless doubtless be out of luck with MoviePass going ahead.