MoviePass Stock Plummets to Record Low

moviepass stock

MoviePass, the Ozymandias of movie theater subscription services, is having a bit of a rough time. The service seems to continually change its rules and perks (and prices). And AMC recently announced AMC Stubs A-List, a service that gives MoviePass a run for its money. Now, the MoviePass stock has plummeted to an all-time low. Ruh-roh.

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blockbuster video

A long, long time ago, people had to travel to brick and motor stores to pay money to rent movies. These movies weren’t streaming, or on disc. No, no, friends. The movies were housed within plastic rectangles known as “VHS tapes.” There were many of these stores, but one of the most profitable and famous was Blockbuster Video. Those days are gone. Blockbuster shuttered most of their stores years ago, but a few stragglers remained. And now, only one store remains in the United States.

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Disney Fox deal

Another wrench has been thrown in the ongoing saga of the Disney Fox deal. A month after 21st Century Fox had accepted the House of Mouse’s $71.3 billion bid to acquire its film studio and TV assets, an impending lawsuit from a Fox shareholder could bring proceedings to another halt.

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MoviePass Subscriber Numbers

A strange scene descended upon movie theaters across the country Friday night. Dozens of confused moviegoers loitered outside movie theater lobbies, furiously swiping at their phones while MoviePass headquarters likely received hundreds of phone calls complaining about the app being down. A MoviePass outage had foiled Friday movie night, on the weekend that the latest Marvel Studios movie had premiered and the ticket-buying service was meant to roll out its divisive peak pricing feature.

But have no fear. If you ended up throwing down your phone in frustration and buying the tickets yourself, there’s a way to get a refund from MoviePass.

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evangeline lilly retired

Evangeline Lilly has become a pivotal part of the Marvel Cinematic Universe, stealing the show in Ant-Man and now getting promoted to double-billing for Ant-Man and the Wasp. But it almost never happened — if not for Peter Jackson.

Lilly shot to fame after the beloved ABC sci-fi series LOST premiered in 2004 to rave reviews, with Lilly transforming from unknown to household name virtually overnight. But the frenzy around the much-debated, oft-divisive show turned Lilly off to Hollywood, and she decided to retire from acting altogether. Until she suddenly got a call from none other than Peter Jackson.

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MoviePass Family Plan

MoviePass is still clinging to life, but the movie ticket subscription service certainly isn’t making things easy on themselves. After threatening to implement surge pricing a couple of weeks ago, MoviePass Peak Pricing has arrived. Translation: if you have a monthly MoviePass subscription and want to see a popular movie on opening weekend, there’s a very good chance you’ll have to pay an additional fee. Read more about the new charges below, and find out what you’ll be able to do to offset one of them in the coming weeks.
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MoviePass fundraising

A couple of weeks ago, we wrote about how MoviePass’ parent company might have to raise more than $1.2 billion for the movie ticket subscription service to become profitable, and we had a few goofy suggestions for how they could raise that cash. But it looks like MoviePass isn’t going down without a fight, because this week their parent company actually took steps toward raising that ridiculous sum of money in an effort to stay alive.

Read more about the MoviePass fundraising below, and discover how most of that money will be used over the next few years. Read More »

DirecTV Now Prices

There are plenty of options out there for customers looking to cut the cord with their local cable provider. One of the more popular options out there is DirecTV Now. It’s one of the more reasonably priced packages that doesn’t require a contract with a cable company, but that price will go up slightly towards the end of this month.

Following AT&T’s acquisition of Time Warner for $85 million, it looks like the company needs to make some of that money back, because they’re raising the price of all their subscription packages by $5. But if you sign up now, you can still get the lower price for a limited time. Read More »

disneytoon studios shuts down

Disney is shutting down Disneytoon Studios, the longstanding animation division behind Disney’s direct-to-video releases and the Planes franchise.

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fear the walking dead lawsuit

AMC has been hit with yet another lawsuit over its massively popular The Walking Dead franchise. But this time, it’s the spin-off Fear the Walking Dead engaging in the legal battle.

Dead Ahead author Mel Smith has accused Fear the Walking Dead of copyright infringement after its season 2 arc tread too closely to his book’s premise of a zombie apocalypse at sea.

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