MoviePass Enrolls Subscribers in New Plan After They’ve Canceled

Yesterday, MoviePass raised its rates from $9.95 to $14.95 per month per subscriber, just two weeks after running out of money and securing a $5 million emergency loan from a hedge fund. This is one of about a half dozen pricing changes – we’ve lost count – over the last year or so, causing concern that MoviePass doesn’t have a good handle on its business model. Running out of operating funds wasn’t MoviePass’s only recent mistake, however. The site experienced an outage the weekend Marvel’s Ant-man was released, frustrating moviegoing subscribers.

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