Latest Weather Blog
Theater subscription service MoviePass tightens plans
SAN FRANCISCO (AP) - MoviePass, a startup that lets customers watch a movie a day at theaters for just $10 a month, is limiting new customers to just four movies a month.
The move comes as the sustainability of MoviePass' business model comes into question. Because MoviePass is paying most theaters the full price of the ticket, the service loses money with just one or two movies in a month.
MoviePass regularly changes its promotions and rates, and it's not clear whether the one-movie-a-day deal will return. It appears customers who have already signed up under the old plans aren't affected, but it's not known whether they would be able to renew under the more generous terms.
MoviePass would say only that it is "continually testing various promotions."
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Mississippi River boat crash leaves one injured, one missing
Beloved snowball stand in Central back open for summer in new location
Wreath-laying ceremony, boat blessing in Pointe Coupee honors fallen heroes
Ferris wheel breaks down with passengers on board at Jambalaya Festival
95 La. churches cut ties with their denomination over ideology disagreements
LSU president reminisces during team trip to DC
Southern baseball sweeps Arkansas-Pine Bluff to finish out regular season
A candid conversation with Kim Mulkey - Watch the half-hour special on...
Channel 2's Best Bet$: NBA Playoffs
Weeks after selection in WNBA draft, LSU Tigers cut from pro teams