MoviePass Is Bringing Back an Unlimited Plan, but There's a CatchThe movie-ticket subscription service has been working hard to bring back a plan similar to the one that got it so many subscribers two summers ago.

ByJason Guerrasio

This story originally appeared on业务Insider

Hollis Johnson/Business Insider
MoviePass.

MoviePass is bringing back an unlimited plan.

Despite therecent exodus of executives and managers at the company, the movie-ticket subscription service has been working hard behind the scenes to bring back a plan similar to the one that got it so many subscribers two summers ago: a $9.95-a-month unlimited plan.

The launch has been delayed for weeks, according to a source with knowledge of the decision, who told Business Insider that it will likely be set live in the coming days. And there are other signs that MoviePass is on the cusp of bringing back the unlimited option.

A staging URL showing details of the plan was posted onStockTwits over the weekend, and viewed by Business Insider. By Sunday afternoon, the link was brought down:

The design of the MoviePass site when it unveils its unlimited plan, according to the staging URL that was live over the weekend.
Image credit: MoviePass

According to the details on the staging page, the unlimited plan will be available to new subscribers for a limited time for any 2D movie. But there's a catch. In a clear move to limit power users, subscribers' choices will be restricted in response to "excessive individual usage."

For further explanation of what that means, they direct you to a section of the Terms of Use:

Section in Terms of Use addressing the unlimited plan.
Image credit: MoviePass

There it says that "MoviePass makes no guarantee on the availability to any particular theater, showtime, or title presented on the app." It also states that it may use its algorithms to restrict users "based on their location, day of movie, time of movie, title, and the individual user's historical usage."

These restrictions are similar to ones MoviePass already has put into place, which remove some popular showtimes and movies from the app.

That's not the only catch in the new plan. MoviePass wants subscribers to pay the $9.95-a-month price on an annual basis through eCheck of ACH. With MoviePass' management turmoil and heavy losses, some subscribers might be wary of paying for a full year up front, especially before they know how much MoviePass will restrict the available showtimes and movies. The ACH option would also require subscribers to give out their bank accounts.

Image credit: MoviePass

Currently, MoviePass offers athree-tier pricing planranging from $9.95 to $19.95, depending on where you live in the country. MoviePass abandoned the unlimited plan last August after gaining millions of subscribers, but burning through hundreds of millions of dollars to pay for their tickets.

MoviePass has recently said it plans to "create a more closely connected relationship between our subscription service and original content production unit, MoviePass Films."

So why go back to an unlimited plan?

It's a move that has some inside the company baffled, and contributed to recent management turnover, a source close to MoviePass told Business Insider.

Last week,业务Insider reportedthat Khalid Itum, the executive vice president who was in charge of the day-to-day operations, had resigned along with three other management-level staff.

MoviePass was not available to comment.

Wavy Line
Jason Guerrasio is an entertainment reporter at Business Insider. He has previously written forEsquire,Vanity Fair,Rolling Stone,Variety,Indiewire, among others. He's also a former managing editor atFilmmaker Magazine.

Editor's Pick

Related Topics

Business News

Taco Bell Slammed With Lawsuit Over 'Especially Concerning' Advertisements, Allegedly Deceiving Customers

The class action lawsuit claims the chain is advertising more than they deliver.

Business News

Body of Missing 27-Year-Old Goldman Sachs Banker Found in Nearby Body of Water

John Castic, a 27-year-old Goldman Sachs employee, went missing around 2:30 a.m. on Saturday after attending a concert at the Brooklyn Mirage in East Williamsburg.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Growing a Business

How Amazon Got Americans to Spend $12.7 Billion in 2 Days Without Lifting a Finger

It's time for a prime day post-mortem. Amazon Prime Day was bigger than ever. What's next for the world's largest retailer's shopping holiday?

Growing a Business

Every Investor Should Pay Attention to This Stigmatized Industry Right Now

The opportunities are endless for startups and investors who bet on innovation in the underserved and underfunded space.