Hopefully you’ve been following the drama unfolding in the land of MoviePass. If not, you have missed a lot. It all started a few weeks back when MoviePass introduced its “surge pricing” plan for movies high in demand. And from there it transformed to, “Oh sh*t…even that’s not working, we’re out of money!” which forced them to basically shutdown for several days.
After the embarrassing meltdown, MoviePass announced it would be increasing the monthly price to $14.95. You could still watch as many movies as you want, but it would be difficult because they were going to keep surge pricing and restrict wide release films.
Now they’re changing things up once again. Starting August 15, the monthly price will go back to $9.95, but you’ll only be able to watch three movies a month. The good news being that surge pricing will be gone, at least we think so. There have been some reports claiming the ‘surge pricing’ would only be removed for new customers, but that doesn’t make any sense, so we’re going to assume it’ll be removed for everyone.
If (and this is a big IF) this new plan sticks and they remove the ridiculous surge pricing, then this is still one of the best deals in town. But it’s hard to trust the company at the moment. They could change things again tomorrow. It’s a risk to stick with them right now, but it’s a risk I’m willing to take currently.[mashshare]