Movie theaters are losing millions of customers to Netflix, Amazon Prime and other streaming services.
So they're fighting back with monthly subscription plans like MoviePass, a sort of Netflix in the theater. But is MoviePass worth considering?
For just $9 a month, you can see a first run movie every day, even movies like the Star Wars' The Last Jedi as soon as they are released.
Pros of MoviePass:
Cheap movies. If you see one movie a week, that's just over 2 bucks per movie, a big savings. If you are a real movie lover, who goes several times a week, you can see first run movies for just pennies.
Easy to break even. Go to just one movie per month,and you still break even.
Wide acceptance: Moviepass is now accepted at 90% of theater chains, including AMC, Regal, and Cinemark (though Cinemark has its own similar version, called Movie Club).
No blackout dates.
Cons of Moviepass:
The pass does have some downsides, especially if you like to reserve your seats ahead of time, or buy 3 or 4 seats at once to a showing. Downsides include:
No advance purchase: This is the biggest downside. You can't use the app and buy your ticket until you are at your local theater, Which means you can't buy advance seats to a sold out movie.
Risk of sold out movies: If you get to the theater and Last Jedi is sold out, you are out of luck.
No 3D or IMAX movies: If you like 3D, you're out of luck: MoviePass is for only 2D movies right now.
Better for singles than couples: MoviePass is designed for one person to buy one ticket. Couples will want the pass on both phones. And forget about trying to buy a group of tickets for a birthday party.