Remember that startup that made headlines for offering an almost all-you-can-watch movie theater pass for $9.95 a month?
Well now they sweetened the pot with a $89.95 flat annual fee deal for its pass!
MoviePass CEO Mitch Lowe says this makes the deal come out to $6.95 a month, with an added $6.55 processing fee.
“This limited time offer is great for movie-lovers. At $6.95 per month, it’s hard to compare it to anything else that provides as much entertainment for a full year.
We are entering the prime movie going season, so now is the perfect time to take advantage of the MoviePass movement.”
Now you're probably thinking, how is this sustainable? What's the gain?
Well, Lowe says customers provide the company with key info about their movie-viewing habits.
"No one really knows who sees which film and so as a result studios have to spend tens of millions of dollars marketing films where they should know like Netflix knows exactly who is interested in seeing those films."
So all in all, a pretty sweet deal for all involved!
Check out the MoviePass website to see if any theaters near you are included in the deal.