The Decline of MoviePass...What Happened?

On September 14, 2019 MoviePass shut down, maybe for good. This video talks about the craziness that's been going on with them over the past 2 years and why everything went so bad.
*Correction - The CEO's name is Mitch Lowe, not Mike.
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Company Declines:
Kmart: trvision.net/detail/video-1__Qg1toSSs.html
Blockbuster: trvision.net/detail/video-5sMXR7rK40U.html
RadioShack: trvision.net/detail/video-JFivtOmXPPM.html
Solo Cups: trvision.net/detail/video-YjzGKc4mynU.html
Toys "R" Us: trvision.net/detail/video-4JYUo9WKkao.html
hhgregg: trvision.net/detail/video-g6j4aoHbWdw.html
Pan Am: trvision.net/detail/video-YInewzLzc78.html
ESPN: trvision.net/detail/video-bt-4PbhpGYE.html
Gibson: trvision.net/detail/video-apQ9SO7uF60.html
iHeartMedia: trvision.net/detail/video-BImjay9KfYc.html
Bon-Ton: trvision.net/detail/video-buWiH5_ru2Y.html
Kodak: trvision.net/detail/video-eVrmFgvEnAA.html
General Electric: trvision.net/detail/video-CqF3WUST-fk.html
Woolworth: trvision.net/detail/video-iSEw4wmjuh4.html
Dell: trvision.net/detail/video-rgDjQLyFXTA.html
Sears: trvision.net/detail/video-Qws713t3HBY.html
Payless: trvision.net/detail/video-GJ35lCrOYC0.html
Hostess: trvision.net/detail/video--c26ewfay9Q.html
Redbox: trvision.net/detail/video-sc-lrcYI1uo.html
Nokia: trvision.net/detail/video-QUk6V_fBSPw.html
JCPenney: trvision.net/detail/video-0d6op86y51U.html
Quiznos: trvision.net/detail/video-P3QK-32bxgw.html
GameStop: trvision.net/detail/video-YXEfgFCkv4k.html
NASCAR: trvision.net/detail/video-nSKk6J20SsA.html
Shopko: trvision.net/detail/video-9rHbSGjSsE0.html
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  • *MovieAss- FIXED.

    Michael McClellandMichael McClelland3 saatler önce
  • I think MoviePass was doomed form the start. With the pricing, even at $40 a fanatic moviegoer could make the company pay a mininum of $100 a month. I mean, free movie tickets? Who doesn't want that?

    Mullins GamesMullins Games18 saatler önce
  • I never got into Moviepass because I didn't go to the movies often enough to justify that expense, at any price they offered. Plus I never saw the movie Gotti but I heard through the grapevine that John Gotti's family did not even like the movie.

    Uthman BakshUthman Baksh18 saatler önce
  • If they charged 32.99 a month for unlimited movies fhey probably could bet on the ones that dodnt go to the movies thatonth or only saw one movie making more money then the one s that did.. Or even 19.99 a month.. Still cant beat netflix. Movies are dead

    hofmeister15hofmeister1521 saatler önce
  • Currently reading about how amc might not survive covid. Eventually would love to know more.

    Candyce MonroeCandyce MonroeGün önce
  • I put stock into this company.........it was a bad idea to put anything into this garbage

    Blue Collar Men ProductionsBlue Collar Men ProductionsGün önce
  • I subscribed for about 5 months at $10. I saw about six movies a month during that time. I dropped my membership as soon as they started restricting viewings

    ArkadorArkador3 gün önce
  • Sometime before Moviepass officially went belly up, Jay from RedLetterMedia commented on their decline in a video, saying that he was "surprised to find out it was still a thing". If anything, that's a testament to how far they had fallen by that point.

    Redlion 517Redlion 5174 gün önce
  • I saw 63 movies over 12 months.....paid $95 for 1-time year subscription. I think I got my money back!

    Jerry MacGuireJerry MacGuire4 gün önce
  • Movie pass failed for the same reason that the unlimited flights pass failed. They calculated the cost based on how many movies an average moviegoer sees a month. But once you have unlimited movies then obviously people start watching more, a lot more.

    shinobu153shinobu1536 gün önce
  • TRvision Man: The Fall Of Company Man

    That DudeThat Dude7 gün önce
  • Bought it in December, loved it went to movies every weekend. Right when black panther released and said you can’t rewatch the same movie twice, I knew it was over. I always thought it was fake when they advertised 10 bucks for any movie. Anyways loved it while it lasted

    Jason DoJason Do7 gün önce
  • The data is what is worth something for marketing, they should have sold the consumer data to marketers to subsidize their losses

    Annalisa BeeryAnnalisa Beery7 gün önce
  • I tried to stick with them, give them the benefit of the doubt but when it became apparent I couldn’t see any movies I wanted basically at any time I had to drop them. By that point though it was a sinking ship and everyone knew it

    Will JenkinsWill Jenkins8 gün önce
  • Yo I’m from 2034 can confirm the universe is a void. Also movie pass is here

    Spiritpyro 2Spiritpyro 28 gün önce
  • As a film person (I work in the industry), I was so excited to try movie pass. I got it in the end of 2018 and didn’t even keep it for 2 months because it would always crash. But I did see some hella cheap movies for about a month. Now I’m an AMC stubs member and let me tell you, it is 1000x better. I pay $24.95 a month to see up to 3 movies a week and it is so worth it to me. I make sure to average 5 movies a month and love that I can go to the movies for basically $5. Also they give you a special online popcorn deal where it’s $10 for a large popcorn and large drink and unlimited refills. The amount of times I have gone with all of my friends and refilled that popcorn 3 times in one movie...

    SunnySunny10 gün önce
  • I remember seeing how cheap it was and thought it was a scam. $10/month made absolutely no sense lol

    ConvertibleJayConvertibleJay12 gün önce
  • Do one on the decline of The U.S.

    Nick MNick M15 gün önce
  • Ha ha it lets see for now in 2020...

    Mr Blah BubblesMr Blah Bubbles15 gün önce
  • Well Covid would have shut them down eventually anyways

    Bradley SuttonBradley Sutton16 gün önce
  • Corona virus would have ended them anyway

    k yk y16 gün önce
  • This channel helps me learn what to invest in

    k yk y16 gün önce
  • I know this video has been awhile but I did start with MoviePass back in... I think 2017 I had it for the year and it was great. But the one thing i kept telling people "yea they are losing money on me... I kinda dont care." I still dont see how the 10$ a month would work... Ever. But i did switch to AMC when it first started.

    Kayla ChellmanKayla Chellman16 gün önce
  • movie pass, more like movie ass

    remanreman17 gün önce
  • I’m in Canada. I don’t even know what MoviePass is.

    ajzeg01ajzeg0119 gün önce
  • They would’ve had a chance if they NEVER suent to 9.95.

    Sam MurphySam Murphy19 gün önce
  • Goodness this makes me anxious

    Cobey C.BCobey C.B20 gün önce
  • i've never even heard of this.

    DarthSinistrisDarthSinistris20 gün önce
  • I vaguely remember hearing about movie pass, interesting concept but now watching this I'm glad I didn't put money into it. Maybe they promoted and handled it really crappy? My girlfriend and I love going to the movies and so last year we decided to sign up for the Cinemark movie club. Cheaper tickers, discounts for snacks and one free movie a month which allows you to roll over to the next month so if theres a month or so we're not interested in the films, we'll get free tickets soon enough. To me, seems like a good idea.

    Mario PersicoMario Persico21 gün önce
  • "The quickest rise and fall of all time." That's call a bump.

    GameskyjumperGameskyjumper23 gün önce
  • The main reason why movie theaters didn’t discount tickets to movie pass, or sell them in a bulk discount, is because 95% of the ticket price goes to the movie companies. The theaters barely make any money on ticket sales.

    SteveSteve23 gün önce
  • Why am I just seeing this

    Mr PeebsMr Peebs24 gün önce
  • I took it for granted they worked with the theaters. To me it seems as the obvious. This buisness could not work with out it.

    DarkZtormDarkZtorm26 gün önce
  • I'll give moviwpass credit for one thing, it made me a moviegoeer again.

    The CunninLynguistThe CunninLynguist26 gün önce
  • E

    JagomanJagoman27 gün önce
  • Good idea poor execution. The logistics around the money should have been more well thought out. To moviepass credit they tried everything 😂 😂 😂. Threw everything at the wall to see if it would stick. A subscription movie srvc is not a bad idea. But how u can do it at a decent price and keep the movie theaters and movie goers happy....hopefully someone figures it out 🤷🏿‍♂️

    Che1424Che142428 gün önce
  • I tried signing up for this in 2018. They said that it was super important that you have their special card, and they're out of cards right now, and they'll get back to me later. Never heard a peep from them again...

    AlastorAlastor29 gün önce
  • I feel like MoviePass definitely had a chance. It was new and revolutionary, however, theaters have implemented their own subscription based movie services. If MoviePass does make a comeback it’ll be because they compete heavily with these existing services. In recent news, Amazon has tried to acquire AMC I believe. If this happens and they somehow implement Amazon Prime with the newly acquired movie theaters I don’t think there’s a chance for MoviePass to come back.

    Mizael ZamudioMizael ZamudioAylar önce
  • Blackmailers fail, that is what happened.

    nickmoneynickmoneyAylar önce
  • I subscribed to MoviePass right before they started all the restrictions. For a couple months, it was great. I probably only went to 2 movies/month, but i was still coming out way ahead. Our family of 4 had 3 passes, as my wife would sometimes take our 2 daughters to movies when I was at work or unavailable/uninterested(?), and figured we’d just buy the 4th ticket when we all went...still a huge savings. The only thing was, since one of the passes was on my phone, if I wasn’t there, we ran into problems as the MoviePass app tracked you and didn’t allow you to check-in unless you were a few hundred yards (maybe a mile tops) away from the theater. This got really tricky as you can see. Despite all that, it was still worth it in the end. Once they started enacting all the peak times and other restrictions, we all cancelled. I think I lasted for 2 or 3 months after they ramped up the restrictions, but no more.

    Ryan IRyan IAylar önce
  • Somehow I've never heard of moviepass until now. Guess I didn't miss much. But one would automatically assume that any entity buying tickets by the hundreds of thousands is getting a huge discount on them, and that's how they are able to sell the service for less than you simply buying your own tickets. It's mind blowing that there was no discount. How did they ever think it was going to work?

    Layne WylieLayne WylieAylar önce
    • They assumed people would treat it like the gym membership. Just sub but not use it. LOL they were wrong of course. The allure of (originally) seeing 1 movie a day for just 10 bucks? People would make use of that, especially when avg prices of a ticket are 10+ in many areas.

      The CunninLynguistThe CunninLynguist26 gün önce
  • I joined Moviepass and enjoyed their subscription for months until they started changing (and problems were daily arising) so it wasn't good enough for me anymore. I knew the system would be a failure since the beginning but I truly appreciate how they changed the movie industry making cinema theaters having to offer their own similar services in order to compete. Since then I moved to AMC Stubs and have been enjoying their service (until coronavirus appeared).

    rjbenejamrjbenejamAylar önce
  • When they cut every showing, I knew it was time to call it quits. I know moviepass tried to strike a deal with theaters to get a cut of concession profits as a thank you for driving customers in. I know AMC basically laughed in their face.

    Jeff ShuldmanJeff ShuldmanAylar önce
  • I actually really liked the idea but it wasn't available where i live

    Holy RavioliHoly RavioliAylar önce
  • Poo poo out my butt

    Grayson LyonsGrayson LyonsAylar önce
  • this was a GREAT idea for a movie service...... in BIZARRO LAND! 😈😈😈

    rory calhounrory calhounAylar önce
  • The AMC A list is a better version of this.

    Setsura- samaSetsura- samaAylar önce
  • I hope they make a comeback one day. I enjoyed using it during the 3 movies a month era.

    Alvin Del ReyAlvin Del ReyAylar önce
  • I signed up for movie pass in June of 2018, I used it to watch the summer blockbusters at the time. When all was said and done. I saw 7 movies in less than 3 months, then I cancelled it, when it started to have major problems. So I paid less than 30$ to watch 84$ worth of movies, hehehe.

    0penthaugtz0penthaugtzAylar önce
  • This was fantastic while it lasted, 20 bucks for endless dates

    Danny EastDanny EastAylar önce
  • Well it doesn't look like they'll be a major market anything ever again

    ThePhantomThePhantomAylar önce
  • I heard a mobster called Dimitry kidnapped the daughter of their CEO

    Ethio thumbEthio thumbAylar önce
  • They went under because movies at my local AMC cost 16$ per ticket, and they had unlimited movies for 10$.

    xplicitmikexplicitmikeAylar önce
  • Probably no chance of success no matter how they priced and marketed it, considering the theater industry has been on life support for years. Now, the Covid pandemic just unplugged the machines keeping a lot of dying industries alive, theaters included.

    Krash LandonKrash LandonAylar önce
  • Even after watching this whole video, I still have to ask…WTH is MoviePass? (I do remember MovieFone, however.)

    Anthony RupertAnthony RupertAylar önce
  • I gave a quote to MarketWatch about this in 2018. I left the service once they added a bunch of friction and cognitive load. I said “The [MoviePass] movie lookup system has always been incomplete, and knowing now that showtimes are being restricted from the already incomplete list is just too much for me. I don't want to see 3D movies; I don't want to see XD movies or IMAX. I just want to see normal films at my leisure with low friction and on a cheap prepaid subscription. But it appears that's no longer on offer from MoviePass.”

    Michael IncavoMichael IncavoAylar önce
  • I'm here from a future existence, known only as COVID-19. Theaters will slowly die out as the middle man, and movies will be direct-released onto streaming platforms. There is no MoviePass in 2025.

    Paul BeveragePaul BeverageAylar önce
  • This was announced on my 19th birthday

    house of LEVI studioshouse of LEVI studiosAylar önce
  • They should have bought a amusement park. They should have kept the brotha.

    Lacky McFarlandLacky McFarlandAylar önce
  • I don't think MoviePass ever had a chance of working because they didn't own the theater. This whole concept can work as long as you're the theater owner. Take AMC, for example. They're going to show that movie, at that time, regardless of whether the theaters empty or full. At least having people pay a set price every month they're guaranteed to bring in money every month. Even if someone watches $80 worth of movies, but only pays $24 a month, it doesn't cost them anything to fill an empty seat. I myself am an AMC stub member and I love it. I definitely make sure, though, that I always watch at least $24 worth of movies per month

    Michael MMichael MAylar önce
  • the only way something like this could work is if it were higher priced, over a longer period of time, and run directly by the theaters. Basically a theme park season ticket but for the movies. The theaters control the tickets so theres no big money loss, and can make money off you by keeping you there longer and selling concessions

    Hank J. WimbletonHank J. WimbletonAylar önce
  • I remember when I was a kid we could go to the shiny new AMC theatre for like 14 bucks a ticket or the shitty little cinema with only 2 theaters for 3 bucks a ticket with sticky floors. Loved that place. I'm only 23 as well.

    DiskoSpiderDiskoSpiderAylar önce
  • Weak business model.

    Robert KellyRobert KellyAylar önce
  • Imagine if other industries had followed the MoviePass model like: Fill up your car with gas 3 times a month for just $ 9.95 Go food shopping 3 times a month for just $ 9.95 Eat out at restaurants 3 times a month for just $ 9.95 Attend 3 live concerts a month for just $ 9.95 Attend 3 live sporting events a month for just $ 9.95 Play golf 3 times a month for just $ 9.95 Go to the dentist or doctor 3 times a month for just $ 9.95

    FOX News is 100% fake news, lies, and garbageFOX News is 100% fake news, lies, and garbageAylar önce
    • Fuck you!!!

      FOX News is 100% fake news, lies, and garbageFOX News is 100% fake news, lies, and garbage14 gün önce
    • Fuck you!!!

      Richard CruzRichard Cruz14 gün önce
  • What you stated at the end is unbelievable to me. The fact that movie theaters were not already doing this on their own or at least not on a large scale.

    Paul ClaytonPaul ClaytonAylar önce
  • I joined when it was 9.95 and I loved it lol I knew the company wasn’t making any money, but it saved me money until they switched plans. It was like a “enjoy it while it lasts” kind of thing. Everybody joined because it was 9.95 and you can go the the movies everyday, good times! Now I’m a stubs a list

    Felix VargasFelix VargasAylar önce
  • Do 'decline of circuit city'

    Deron MomanyiDeron Momanyi2 aylar önce
  • All the pieces were there for them to be successful. They just didn’t know how to put it together.

    Pasha VafaeeniaPasha Vafaeenia2 aylar önce
  • Forever 21 rise and fall

    VeNoMVeNoM2 aylar önce
  • I loved movie pass during 2018 it did seem way too good to be true, but for my husband as a film major it became a weekly date night which was super fun. Even seeing all the terrible movies we still laugh about them. We used it from February 2018- Aug or September 2018 once we started noticing the limitations and terrible news about them. I kept all of our movie stubs from that period of time and calculated the actual prices of the movie tickets which would have been over $500. But with movie pass we only spent around $100 during that period of time so that was pretty awesome. I can see how they lost all that money... But it was super fun while it lasted for us.

    chaphichaphi2 aylar önce
The Decline of MoviePass...What Happened?