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Comment by tombert | Hacker News Reader

I knew this was coming, and it's not like I watch more than three movies a month in the theater anyway, but stuff like this makes the package less appealing to me. Part of what made Moviepass neat was its "too good to be true" nature, though it was obvious this this model was unsustainable.

I don't know if I am going to cancel my membership, but I feel kind of bad for the company. It seems like now there's no "right" decision for them to make; either they keep working at a huge huge huge loss, or they upset their customers severely. It was definitely (in my opinion) an unwise decision to move to the $9.99 price, and it seems like now there is no way out for them.

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Their business model is predicated on buying lemonade at $5.00 and selling it at $2.00. They should just go under and stop the farce. If they had succeeded, we'd just have another painful monopoly on our hands.

I've found that when you see business plans that focus on buying at $1 and selling at $.50, the real plan is getting people within a subset. Once they have critical mass, they are a prime target to be bought

It's obvious that they're losing money hand over fist - it doesn't take a economist to understand that $10 is less than 1 ticket... or in bulk.

It would seem their only 2 major options (and 1 prayer) is to raise prices/lower service, go bankrupt, or hope and pray that someone in media will just buy them.

The crowd that is paying are dedicated movie-goers that are willing to pay money ahead of time. It really now matters how much this list/group is believed to be.

They attempted to aggressively buy their way into a market with hopes to strong arm themselves into profitability.

There customer service is terrible.

I was using it maybe 1x / month so three is fine.. in nyc using it once saves you $5.

most of the theaters around here are AMC and they offer 3/week for 20 bucks now. without the limitations+additions on crappy screens, busy night fees, etc.

i wonder if the new terms will be profitable enough for them to stay in business for the long haul.

While that's probably fine for most people. In my city. We've got about 8 theaters all of which are available through MoviePass. I don't see why I would pay for 3/week only at AMC.

I would much rather have access to less movies a month, but with the option to go to any theater in my city that best matches my schedule.

I think that 3/month is worth $10/month, I also think that they should remove the restriction of rewatching movies. 3/month should be 3/month.

*fewer

-Stannis Baratheon

I support this form of pedantry.

There aren't 3+ movies a week that are worth seeing.

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