• Greece is finally set to exit bailouts this month, but a local told me the 'recovery' hides a brutal reality for most Greeks

    2 monthes ago - By Business Insider

    On August 20, Greece will end nearly a decade of international assistance.
    Greek and European Union officials have characterized Greece as in recovery, with unemployment numbers down and the economy growing.
    But a taxi driver I spoke to in Athens said the recovery isn't reaching most regular Greeks, who are stuck on part-time salaries paying exorbitant electricity costs.
    Meanwhile, he said, young people are still leaving in droves as they see little hope for the future.
    I make a habit of talking to taxi drivers when traveling. And not just for recommendations; I ask them about their...
    Read more ...

     

  • MoviePass Reduces Offer To 3 Films Per Month In Bid To Save Cash

    MoviePass Reduces Offer To 3 Films Per Month In Bid To Save Cash

    2 monthes ago - By Huffington Post

    Customers of the subscription-based movie ticketing company were previously allotted one film a day.
    Read more ...

     

  • MoviePass will limit customers to 3 movies a month, but backpedals on raising prices

    MoviePass will limit customers to 3 movies a month, but backpedals on raising prices

    2 monthes ago - By Stl Today

    Movie ticket discount service MoviePass Inc. will now limit subscribers to three movies a month, rather than one movie a day. The service also said Monday that it will keep its monthly rate at $9.95, rather than hiking prices to...
    Read more ...

     

  • No price hike, but new caps on MoviePass discount tix plan

    No price hike, but new caps on MoviePass discount tix plan

    2 monthes ago - By Chron

    NEW YORK - MoviePass, a discount service for movie tickets at theaters, is walking back a planned 50 percent price increase following a subscriber backlash. But it will soon impose a cap of three movies per month, instead of one every day.
    The company says the new plan will include "many major studio first-run films." It's not immediately clear whether MoviePass is completely rescinding a recent policy of barring viewings of most major releases during the first two weeks.
    MoviePass has grown to 3 million subscribers, from about 20,000, since it slashed monthly rates nearly a year ago to...
    Read more ...

     

  • MoviePass Will Limit Moviegoing to 3 Films Per Month in Bid for Survival

    2 monthes ago - By Fortune

    The embattled MoviePass is taking out all the stops to survive.
    MoviePass CEO told The Wall Street Journal in an interview published on Monday that the company will begin limiting its customers to seeing only three movies a month. In the interview, CEO Mitch Lowe said that the move, which will take effect on Aug. 15, will cut more than 60% from MoviePass' burn rate and ease some of its pain points as it works to turn its operation around.
    MoviePass has more than 3 million subscribers. The service allows you to pay a monthly subscription fee to attend movies at local theaters. At $9.95 per...
    Read more ...

     

  • MoviePass is once again changing its rules

    2 monthes ago - By Fast Company

    In an attempt to keep the lights on, the ailing movie ticket subscription service is limiting the number of movies customers can see.
    MoviePass's death walk/path to profitability continues apace. Last week, the movie ticket subscription service announced plans to both hike its price and make first-run movies unavailable to its customers. Now, another rule has been added: customers can only see three movies per month, according to the Wall Street Journal. This new policy will take effect August 15.
    Read more ...

     

  • MoviePass keeps plan at $10, but limits subscribers to three movies a month

    2 monthes ago - By Tech Crunch

    Troubled theater subscription service MoviePass is rejiggering its subscription plan once again. The company announced via press release that, due to consumer feedback, it won't be raising the monthly subscription fee to $14.95 a month. Instead, things are staying at $9.95.
    The baddish news is that the $10 month plan is shifting from unlimited to three movies a month. Beyond that, the pass will offer “up to a $5.00 discount for any additional movie tickets.” As the company noted earlier, the move is aimed at “protectthe longevity of our company and preventabuse of the service.”
    The company...
    Read more ...

     

  • MoviePass will only let subscribers see 3 movies a month, but it's rolling back a set of recent changes many hated

    MoviePass will only let subscribers see 3 movies a month, but it's rolling back a set of recent changes many hated

    2 monthes ago - By Business Insider

    MoviePass announced Monday that it would limit the number of movies subscribers can see to three per month.
    The new plan erases newly announced changes including surge pricing, an increased monthly fee, and a ban on major releases .
    The change is meant to control the company's cash burn, which has soared to an estimated $45 million monthly.
    There are more changes coming if you have a MoviePass subscription, but this time they actually might be a good for you.
    On Monday, MoviePass announced that starting August 15, its service will only allow users to see three movies per month. If...
    Read more ...