MoviePass is back again, with its eyes set on the holiday revival. The movie subscription service has set its return for Labor Day, which will also see tiered pricing offerings and a beta re-launch. Limit Confirm MoviePass will reopen Thursday, August 25 with a waiting list on the website beginning at 9AM ET for trial subscriptions. interested in tradeJason Geracio reports that the waiting list is on a first-come, first-served basis, and is only open for five days. Another added bonus is that it’s free to sign up. After MoviePass collects all potential subscribers, those selected on Labor Day will be notified of the three pricing tiers they can choose from.
New MoviePass pricing tiers start at $10 and move up to $20 and $30 per month. Each level grants subscribers credits that can be spent each month at the cinema. but, interested in trade It also indicates that the unlimited viewing option is not among the options available in the trial version.
The much-disappointed MoviePass announced that it will be relaunched as MoviePass 2.0 in February, featuring software that monitors to ensure that the customer actually sees the ads. News of MoviePass’ revival surfaced in November 2021 after co-founder Stacy Spikes was granted ownership of the company by a bankruptcy court judge for the Southern District of New York. The new and improved company said it will implement a credit-based system that will allow customers to receive credits, depending on the tier they sign up for, in exchange for movie tickets. These credits can then be earned by watching ads on the MoviePass app, and a facial recognition technology called PreShow verifies that the ads are actually seen.
“It only happens on your phone, uniquely to you, and the balances you earn are your balances that go to your virtual wallet that you can spend, so it’s your own money,” Spikes said. A representative of MoviePass confirmed that PreShow uses the front camera on smartphones for verification.
Other benefits promoted by MoviePass 2.0 include theaters that set their own ticket prices based on prime hours, variable balances, and the ability for customers to book tickets directly from the MoviePass app. For theaters that do not partner with MoviePass, the customer can use the app to choose a showtime, but then have to purchase the ticket in person with a credit card.
“I can confirm that we acquired MoviePass after bankruptcy on Wednesday,” Spikes said. interested in trade In November. “We are excited to have it back and are exploring the possibility of releasing it soon. Our quest to restore the brand has encouraged continued interest from the movie-going community. We believe that if done right, theater subscription can play an instrumental role in elevating cinema presence to new heights.”
Spikes bought MoviePass from Helios and Matheson Analytics, the former parent company. Helios and Matheson Analytics went bankrupt, allowing Spikes to pounce and restore the monarchy.
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