How Movie Pass Scammed their Customers to Pad Their Pockets | Corporate Casket

iilluminaughtii

Blair Zoń

Documentary, Education, Business, Society & Culture

4.4 • 961 Ratings

🗓️ 18 August 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Go to http://hellofresh.com/CASKET16 and use code CASKET16 for 16 free meals across 7 boxes AND 3 free gifts! Go to http://joinhoney.com/casket to get Honey for free! Welcome to the Corporate Casket, a semiweekly series where bad businesses go to die. We will discuss any and everything from bad charities, terrible CEOs, and businesses that have a lot to hide. When MoviePass was introduced in 2011 it started off slow, with 30-dollar subscription fees for unlimited movies, the price was just a little too steep to grow subscribers. But when they put that down to only 10 dollars, their company absolutely exploded. The only problem was, that this low subscription price wasn’t sustainable and as the company started hemorrhaging money, they turned to some shady business practices to try to save themselves. But, it would actually wind up being their death sentence. Connect with me: https://linktr.ee/iilluminaughtii Sources: https://justpaste.it/8cuw4 Writers/Researchers/Helpers: Jess Hubbert This episode was edited and mixed by: G. Thomas Craig Album cover art created by: Betsy Primes Intro Song Credits: Last to Fall- Will Van De Crommert Outro Song Credits: Sacred and Profane- Nicholas Rowe Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Movie days in the summer, especially when it's hot and humid, or when it's raining, are some of the best days.
0:06.0	You, your family, and your friends all pile into the car excited and ready to see the next big summer blockbuster sweeping the nation.
0:14.0	But while most of us enjoy the tradition of going to the movies,
0:18.0	we don't enjoy the prices.
0:20.0	$30 for two buckets of popcorn,
0:22.0	and now with inflation maybe that's one bucket, I don't know,
0:25.2	on top of a $15 movie ticket too? Like, no thanks. Well, one day, a handy company appeared
0:31.8	seemingly out of thin air that could help solve all of our moviegoing problems.
0:36.0	Gone were the days of ultra-expensive tickets.
0:38.6	Now we could all pile into our cars and see as many movies as we want for the low price of $10.
0:45.4	It seemed too good to be true, but you would be insane to not sign up for it if you're an avid
0:50.3	movie lover.
0:51.6	And so you do. And just like that, you have thousands of movies right at your fingertips.
0:56.2	With the help of movie pass, you can finally afford to buy that insanely overpriced inexplicably
1:01.3	delicious movie theater popcorn.
1:04.7	And for a bit, everything was great.
1:07.6	You get to see all the biggest movies at the lowest prices.
1:10.7	What could possibly be bad about that? Well, suddenly things with this miracle movie
1:15.6	app began to rapidly change and deteriorate. One day you open the website to learn that
1:21.0	your $10 unlimited service has been gutted. Now, instead of seeing every
1:25.9	movie ever for one monthly fee, you can only see three movies a month. Remember the days
1:31.6	when you could purchase all the tickets no matter what movie you were going to see?
	...

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