MoviePass makes deal to acquire Moviefone

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MoviePass has acquired Moviefone in a deal between the two services’ parent companies, according to a press release. Moviefone got its start in the pre-internet days of 1989, providing information about movies and their showtimes via a toll-free phone number. The dial-in service was shuttered in 2014, but Moviefone has continued to provide showtime and ticket services via its mobile app and website.

Prior to its acquisition, Moviefone was owned by Oath Inc.

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MoviePass’ parent company acquires Moviefone

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Helios and Matheson Analytics, which already owns movie ticket subscription service MoviePass, has acquired Moviefone.

Despite the old-school name, Moviefone is now a digital media business with trailers, movie information and ticketing via Fandango — it says it reaches 6 million unique visitors each month.

Moviefone was previously owned by Oath, the Verizon subsidiary formed from the merger of AOL and Yahoo. (Oath also owns TechCrunch). AOL acquired Moviefone for $ 388 million back in 1999.

The deal includes a $ 1 million cash payment, as well as stock that could bring the total value up to $ 23 million, according to Variety. That means Oath now has a stake in MoviePass . It will also continue sell Moviefone’s digital ad inventory.

MoviePass, meanwhile, allows customers to pay $ 9.95 a month (or less) to get one free movie ticket per day, albeit with inconveniences like the need to physically buy your ticket at the theater. Acquiring Moviefone is supposed to help the company expand into content and advertising.

“This natural alignment between MoviePass and Moviefone will help us grow our subscriber base significantly and expand our marketing and advertising platform for our studio and brand partners,” said MoviePass CEO Mitch Lowe in the acquisition release. “Moviefone has been a go-to resource for entertainment enthusiasts for years, and we’re excited to bolster its presence and bring this iconic platform into the entertainment ecosystem of the future.”

Mobile – TechCrunch

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MoviePass now costs just $6.95/month to see one movie per day in theaters

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

After processing fees, you’re looking at $ 89.95 for a year of movies.

MoviePass came under some heat earlier this month when it was discovered to be tracking its users’ location more closely than originally believed, and likely in an attempt to gloss over the bad press, the company’s lowering its subscription fee for new members.

For a limited time, you can sign up for MoviePass for just $ 6.95/month instead of the regular $ 9.95. MoviePass says this is “limited time” offer, and it’s only available for new subscribers.

MoviePass bills memberships annually, meaning you’ll pay $ 89.95 all at once upon signing up (that includes a one-time $ 6.55 processing fee). A MoviePass membership lets you see one 2D movie every day for the entirety of your subscription, meaning you could theoretically pay $ 89.95 and see one movie in theaters every single day.

Even if you’re not at the theaters at every waking hour, this is still a pretty sweet deal considering most movie tickets cost around $ 10 – $ 15 these days.

If you’re interested in signing up for MoviePass, click/tap the button below.

See at MoviePass

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[Deal Alert] MoviePass offering annual subscription at $6.95 per month for a limited time (regularly $9.95/month)

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

If there’s one certainty in life, it’s that movie tickets will keep getting more expensive. If you’re willing to adjust your habits slightly, MoviePass can save you some cash. This app-based cinema subscription service usually costs about $ 10 per month for up to one movie every day, but for a limited time, you can get it for just $ 6.95 per month. There are some caveats, but that’s a good deal.

MoviePass works in 91% of US theaters, so you should be able to find one nearby.

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[Deal Alert] MoviePass offering annual subscription at $ 6.95 per month for a limited time (regularly $ 9.95/month) was written by the awesome team at Android Police.

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MoviePass CEO totally backtracks previous comments about tracking you after you leave the theater

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MoviePass made headlines last week when its CEO, Mitch Lowe, bragged that the subscription-based movie service collects an enormous amount of data from its users. In a new interview with Variety, however, Lowe backtracks and says his original comments were “completely inaccurate.”

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MoviePass CEO now says app never tracked user location

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

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MoviePass CEO Mitch Lowe appears to be backpedaling on recent comments that suggested the movie-a-day app continuously tracks users’ locations after they visit a theater, saying in a new interview that he was mistaken in what data his company gleans from customers.
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Now MoviePass’ CEO says the app never tracked customers

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

A week after MoviePass CEO Mitch Lowe's comments that "we watch how you drive home" came to light, the exec is walking back those words. In an interview with Variety, Lowe said "I said something completely inaccurate as far as what we are doing…We…
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MoviePass: The new face of unbridled data greed

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In a presentation during the Entertainment Finance Forum last week, MoviePass CEO Mitch Lowe bragged to the attendees about his company's app saying, "We know all about you." "We know your home address, of course; we know the makeup of that househol…
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MoviePass update on iOS ‘removes unused location capabilities’ following privacy concerns

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Earlier this week, Mitch Lowe, CEO of the popular all-you-can-eat movie subscription service MoviePass, made headlines for bragging about how the app can track the location of its users. Shortly after that comment, MoviePass issued a statement clarifying its actions, and now the iOS app has been updated to remove the features…

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MoviePass pulls ‘unused app location’ features from its iOS app

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Two days after we started reporting on comments by MoviePass CEO Mitch Lowe about his company tracking users after they leave the theater, there's an update for its iOS app. According to the notes, it contains "Theater & Movie Search performance…
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