MoviePass Announces Major Changes to Service; Will Black Out New Releases

The drama surrounding MoviePass continues to unfold, but this subscription-based service isn’t dead yet. This thing really kicked into gear about a year ago, when it announced itself as a sort of Netflix for theatrical movies. Subscribers could pay $9.95 per month and see as many movies in the theater as they’d like. The community quickly grew into over 3 million members, but of course the question then became how can this possibly be profitable? The short answer is, it can’t. As the MoviePass community has grown, the service has implemented a number of changes …

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