A whopping 58% of MoviePass users canceled their subscriptions last year, according to a new study (HMNY)
|01/11/2019||Posted by BusinessMediaguide.Com under General World News||
- Finance assistance app Trim said that, after analyzing 400 million transactions of its users in 2018, 58% of its users with MoviePass subscribers canceled the service last year.
- MoviePass users have complained about changes that have made the service less attractive, as the company has tried to get its cash burn under control.
2018 was not a good year for MoviePass.
After gaining millions of new users to the service starting in August 2017, when the company dropped its monthly price to $9.95 a month to see one movie per day, the movie-ticket subscription startup went into a tailspin in 2018. read more >>>