MoviePass attempts to put out dumpster fire by shooting self in foot

The situation at MoviePass is bad. Very bad. With the value of the company having plummeted tremendously after a disastrous reverse stock split last week, MoviePass's owners are doing anything they can to stem the bleeding at the popular all-you-can-eat theater subscription service, and it looks like "anything" means making the service much, much worse.

I won't leave you waiting on the big changes: monthly pricing is going up 50% (to $14.95) and you won't be able to see most movies (anything opening on over 1000 screens) until they've been out for two weeks.

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MoviePass attempts to put out dumpster fire by shooting self in foot was written by the awesome team at Android Police.

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