See unlimited movies for $10 a month

Do you know that movie pass, a subscription ticket reselling start-up, is really trying to become the Netflix of movie theaters by offering virtually unlimited movies for less than 10$ a month. Now this is the beginning of the latest clash in a feud between the 6 year old movie pass and the exhibition industry.

Let me inform you about movie pass in details, New York based move pass, which allows people to see one move per day by using its app has declared that it has lowered its monthly fee to $9.95 which is almost similar to the price of the popular online streaming services.

Now moviepass theater list has about 20,000 subscribers and it is acquired by New York data Technology Company Helios and Mathewson Analytic s. Now this price change will completely disrupt the movie industry in the same way Netflix and red box has done in past years.

Now for people in major cities such as Los- Angeles and New York they can all watch subscription and this would cost less each month than a full single price ticket. In my opinion movie pass theaters this really sounds good to moviegoers who are looking for bargains on seats as ticket prices rise.

“It is not yet known how to turn lead into Netflix stock gold,” MAC said. “AMC ... believes that promising essentially unlimited first-run movie content at a price below $10 per month over time will not provide sufficient revenue to operate quality theatres nor will it produce enough income to provide film makers with sufficient incentive to make great new movies.