MoviePass has a problem. At first, you could see a movie a day, for $10 a month. Then, when people started doing that, MoviePass had to admit what many people suspected – the deal was too good to be true. So MoviePass announced it would raise prices. And customers revolted. Last week, the company settled on a new model, it now limits the number of flicks you can see for your $10 monthly fee to three, and some blockbuster movies aren’t even included.
So, should we have known all along not to get used to all-you-can watch movies?
Digital savant Omar Gallaga of the Austin American-Statesman’s 512 Tech says that’s about the size of it.
What you’ll hear in this segment:
– Where MovePass went wrong
– What theater chains have copycat offerings
– What other tech offers are too good to be true