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MoviePass - $9.95/month for unlimited theater movies

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Tyler
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MoviePass - $9.95/month for unlimited theater movies

Postby Tyler » Wed May 09, 2018 6:51 am


According to Bloomberg, MoviePass’ parent company Helios & Matheson reported in a Tuesday filing that it’s down to just $15.5 million in cash as of the end of April—at a time when it’s burning through around $21.7 million a month. The company has about $27.9 million more on deposit with merchant processors, but that lifeline can only go on so long. Investors appear to be seriously spooked, Bloomberg added, with shares of the company crashing by 32 percent.

So 2 months until they are in the red
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cwilkins88
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MoviePass - $9.95/month for unlimited theater movies

Postby cwilkins88 » Wed May 09, 2018 7:44 am

Tyler wrote:Source of the post

According to Bloomberg, MoviePass’ parent company Helios & Matheson reported in a Tuesday filing that it’s down to just $15.5 million in cash as of the end of April—at a time when it’s burning through around $21.7 million a month. The company has about $27.9 million more on deposit with merchant processors, but that lifeline can only go on so long. Investors appear to be seriously spooked, Bloomberg added, with shares of the company crashing by 32 percent.

So 2 months until they are in the red


Yeah, we will see what they try next to make money.
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Travis
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MoviePass - $9.95/month for unlimited theater movies

Postby Travis » Sat May 12, 2018 3:12 pm

So what would happen to the people that have MoviePass would they just be out the money. I bought the year thing for movie pass for 89.99 I think , would I lose that
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Tyler
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Re: RE: MoviePass - $9.95/month for unlimited theater movies

Postby Tyler » Sat May 12, 2018 6:09 pm

Travis wrote:So what would happen to the people that have MoviePass would they just be out the money. I bought the year thing for movie pass for 89.99 I think , would I lose that
Yeah, highly doubt they refund anyone if the company declares bankruptcy
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wags83
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MoviePass - $9.95/month for unlimited theater movies

Postby wags83 » Mon May 14, 2018 7:04 am

Hooray!
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Tyler
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Re: MoviePass - $9.95/month for unlimited theater movies

Postby Tyler » Tue May 15, 2018 7:50 am

Is this worth $20 to me? During the winter, yes. I doubt I see as many movies early on Friday now that it's nice out, yard needs upkeep, projects need done, etc
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wags83
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MoviePass - $9.95/month for unlimited theater movies

Postby wags83 » Tue May 15, 2018 8:18 am

I probably would not. This last month or two I haven't been going nearly as often as when I first got it.
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Re: MoviePass - $9.95/month for unlimited theater movies

Postby Tyler » Wed May 16, 2018 7:18 pm

MoviePass still has a few tricks up its sleeve.

The movie-ticket subscription service that gets members into one showing per day for $9.95 a month is adding features, including the ability to pay more to see formats like 3D or IMAX, pay for plans as a family, and bring a friend to the movies. The company announced the new options on Tuesday (May 15) when parent Helios and Matheson Analytics reported first quarter earnings. It did not say when they would roll out or what they would cost.
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MoviePass - $9.95/month for unlimited theater movies

Postby wags83 » Wed May 16, 2018 11:30 pm

The feature I would really like to have is pre-ordering tickets.

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