MoviePass 2.0 reopens invite waitlist ahead of public launch this summer

MoviePass has taken back control from its founder, Stacy Spikes, and is beta testing a new points-based setup for subscription movies. The company announced that everyone who signed up for its relaunch waitlist has been accepted and said it will reopen the waitlist for other interested subscribers to join, but only until 30 January or once it is full (via Axios).

This time around, it also has the backing of Animoca Brands, which is well known for its crypto investments, but it’s unclear what blockchain or metaverse has to do with this version of MoviePass.

In 2019, MoviePass died out dramatically thanks to an all-you-can-eat $9.99 per month subscription price that seemed too good to be true and, according to prosecutors who brought fraud charges against its former executives. , definitely was. In its current version, it offers several different plans that people can choose from, with prices ranging from $10 per month to $40 per month in most areas or between $20 per month and $60 per month in Los Angeles. and New York.

This fare buys you a number of credits, which you can use to get tickets; however, the number of credits you will need may vary by time and location. Some of the current beta testers report that point allocations can even change throughout the day, so when you choose to book a ticket is also important.

The variable nature of the new program makes it harder to judge value and harder to compare with other subscription plans like AMC Stubs A-List, which was launched in reaction to the original MoviePass hype and offers viewers up to three films each week. . A-List’s price varies by state, with most being set at $19.95, then $22.95 or $24.95 per month in a few states, including New York, California, and New Jersey. Of course, MoviePass is still supposed to work in any theater you might want to visit instead of any nearby AMC option.