Could This Be The End of MoviePass?
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MoviePass, the movie subscription service that lets you watch a movie every day for a monthly fee of $9.95, has been experiencing technical difficulties all weekend – and subscribers are not happy.
The company posted an update on their site on July 27th apologizing for the temporary outages that occurred on July 26th, guaranteeing that the app was back up and running 100%.
“We have handled the issues on the back-end, and our app is now up-and-running with stability at 100%. We thank you for your patience and your ongoing support.”
However, that doesn’t seem to be the case.
In fact, many MoviePass customers took to Twitter to report more outages on Monday, saying that they’re getting the following error message in the app: “There are no more screenings at this theater today.” Also, it appears that the app is only showing titles for theaters that are e-ticket-friendly. 😩
Sidekick Angela says: “On Thursday you couldn’t get any movies, Friday, Mission Impossible was blocked out everywhere. Last night NO movies were available (anywhere minus e-tickets) and today everything has surge pricing, plus you can’t see Mission Impossible. It’s such a mess! Everyone’s theaters are pulling up that there are no movies.”
Unfortunately, these outages are happening shortly after Helios and Matheson, the owner of MoviePass, borrowed $5 million because it was unable to make certain required payments to its merchant and fulfillment processors. The total demand note was for $6.2 million, “which includes $5.0 million in cash borrowed by the Company from the Holder and $1.2 million of original issue discount.”
Do you think that MoviePass has run out of money again?