Put a fork in it. MoviePass is dead.
Remember the "too good to be true" promise of seeing a movie a day for $10 a month? Good times. Good times. Friday the company announced it was going under.
On September 13, 2019, MoviePass notified its subscribers that it would be interrupting the MoviePass service for all its subscribers effective September 14, 2019, because its efforts to recapitalize MoviePass have not been successful to date.
Experts say it died because it burned through money from venture capitalists because it was cost too little to be profitable.
The company went on hiatus this year. But problems were coming much earlier than that. They limited the amount of movies you could see. Then they put blackouts on big movies like Avengers: Infinity war.
In the meantime, AMC Stubs, the theater chain's own unlimited program has taken off and earlier this year had 4X the subscribers of MoviePass. It's $19.95 a month.