AMC launches subscription service to rival MoviePass

AMC launches subscription service to rival MoviePass

Enrollment for the service beings on June 26, and as soon as you enroll the benefits are immediately available. The upcoming movie ticket service will allow subscribers to see up to three movies every week in any format (including Dolby Cinema, IMAX, and 3D) for just $19.95 per month.

As any regular MoviePass user knows, one of the main drawbacks of the service is the inability to book tickets in advance, because your app needs to be within 100 yards of the theater to check in. Essentially, if you pay $20 per month, you can see up to three movies a week, plus other benefits which are meant to give Moviepass a run for their money.

AMC operates approximately 1,000 theaters and 11,000 screens worldwide, including 18 locations in Alabama.

MoviePass has attracted 3 million members, but the stock price of the service's parent company, Helios and Matheson, has dropped from $38 a share to 44 cents a share.

MoviePass CEO Mitch Lowe on the success of the company's $10 plan and the company's acquisition by Helios and Matheson.

More news: Greece, Macedonia sign historic deal to end naming dispute

AMC has now swooped in with its own plan to court moviegoers.

The new AMC rewards tier allows members to see 3 movies a week, in any format, which typically come with surcharges at the theater with a single admission ticket.

MoviePass responded on its Twitter account on Wednesday.

MoviePass, meet AMC's answer to theater subscription services. Twice the price for 1/4 the theater network and 60% fewer movies. "Thanks for making us look good AMC!" the company wrote. "AMC has repeatedly disparaged our model as a way to discourage our growth because all along they wanted to launch their own, more expensive plan. Different versions of this type of program have worked well in Europe for more than a decade to drive incremental attendance and we feel strongly that given the choice, audiences will want to see their favorite films in Imax".

Related Articles

  • Arsenal To Confirm Bernd Leno Signing On Tuesday

    Arsenal To Confirm Bernd Leno Signing On Tuesday

    He made his debut as a 16-year-old in 2008, becoming the club's youngest ever player in the Premier League and Europe. It may worry you that much of our mainstream press is increasingly reporting with a strong right-wing bias.
    Gregg Popovich meets with Kawhi Leonard

    Gregg Popovich meets with Kawhi Leonard

    Leonard played in only nine games this season, scoring 16.2 points a night, well below his average of 25.5 in 2016-17. According to ESPN's Adrian Wojnarowski and Ramona Shelburne , Popovich has simply flown to LA to meet with Leonard.
    Premier League & Serie A Clubs Waiting As Wilshere Decides Future

    Premier League & Serie A Clubs Waiting As Wilshere Decides Future

    The Brazilian contributed six goals and seven assists in the league, with a goal involvement every 144.8 minutes. Despite this, he was only named in the starting eleven on 20 occasions in the Premier League .
  • Starbucks will close 150 stores in 2019

    Starbucks will close 150 stores in 2019

    It says it is going to concentrate on opening stores in markets that have fewer locations. FBN's Cheryl Casone on Starbucks' decision to raise its prices.
    Germany 'played very badly' in Mexico loss - Loew

    Germany 'played very badly' in Mexico loss - Loew

    Germany's Thomas Muller and Joshua Kimmich in action with Mexico's Hector Moreno, Raul Jimenez and Jesus Gallardo. Julian Draxler and Matthias Ginter played in both tournaments and Marco Reus missed both with injuries.
    Four people wounded in Sweden shooting

    Four people wounded in Sweden shooting

    The men were shot as they left an internet cafe in the southeastern part of the southern Swedish city on Monday evening. A police spokesman told AFP that the possibility of a terrorist link to the attack had been discounted.
  • Disney increases bid for Fox, topping Comcast offer

    Disney increases bid for Fox, topping Comcast offer

    But Jefferies analyst John Janedis is confident Comcast could counter yet again, with a bid as high as $80 billion. The sale also includes Fox's stake in Sky plc, Europe's largest pay-television broadcaster, which owns Sky News.
    Luis Suarez completes preparations for 100th Uruguay cap against Saudi Arabia

    Luis Suarez completes preparations for 100th Uruguay cap against Saudi Arabia

    Seven of the Uruguayan players that will be on the pitch from the first whistle on Wednesday are aged 31 or over. Saudi Arabia was drawn into Group A and lost its World Cup opener 5-0 to host nation Russian Federation .
    Captain Kane proud of England's persistence

    Captain Kane proud of England's persistence

    It was the first goal for an African nation at Russian Federation 2018 and it came against the run of play, controversially too. We were strong on set plays in the second half. "We put people under pressure even after we had scored our first goal".
  • Panama coach blunt and honest before World Cup debut

    Panama coach blunt and honest before World Cup debut

    Now I'm playing in another World Cup in Russian Federation , and my brother is playing with me this time. Belgium coach Roberto Martinez was more effusive about his opponents.
    Eriksen-inspired Denmark out to spoil Peru's World Cup return

    Eriksen-inspired Denmark out to spoil Peru's World Cup return

    Speaking to the BBC ahead of Denmark's opening group match against Peru , Fabregas said: "I like him a lot". Jio TV and Airtel TV apps also have the rights to broadcast the match in India.
    USA  lawmakers, first lady call for end to migrant family separations

    USA lawmakers, first lady call for end to migrant family separations

    Thus, since they are taken into custody as potential criminals, their children are not allowed to stay with them. As a result, the children - who are not charged with a crime - are separated from the adults in their families.