*By: Madison Alworth*
AMC Theaters rolled out its MoviePass competitor Tuesday, dealing another blow to a company that's been hemorrhaging money and trying one strategy after another to stay afloat.
"MoviePass's business model is fundamentally an unprofitable one," said Rob Marvin, associate features editor of PCMag.com, in an interview with Cheddar last week. "They are subsidizing movie tickets for millions of people."
[The company, owned by data firm Helios & Matheson, charges customers $10 a month and allows them to see, essentially, a movie a day.](https://cheddar.com/videos/amcs-latest-blow-to-moviepass-goes-live) AMC's Stubs A-List, by contrast, charges twice as much per month and lets users see up to 3 movies a week. MoviePass's model has been criticized as unsustainable and the business lost $150 million last year.
To reverse those fortunes, the service has made various changes. Earlier this year it faced backlash for seeming to end its unlimited movie offer and last week announced that it will introduce a kind of surge pricing, charging users more to see popular movies at high-demand times.
In an attempt to sweeten the bad news, MoviePass said members will be able to "Bring-A-Guest" and buy one extra ticket directly on the MoviePass app. And members will be able to see IMAX and 3D movies for an additional fee.
The struggles highlight the fear among many users that MoviePass's offer may be too good to be true.
"As a MoviePass user myself, it's been great," Marvin said. "I hope I'm wrong, but I don't think this is going to last forever. We're just riding this out for as long as we can go."
For the full segment, [click here.](https://cheddar.com/videos/moviepass-will-cost-you-more)
On this episode of Cheddar Innovates: Kemtai Co-Founder breaks down how computer vision and artificial intelligence can improve your workout form; Wove Co-Founder explains how it's creating a one-of-a-kind engagement ring design process; A look at Curiosity Stream's 'History By The Numbers.'
Andrew Wolgemuth, Co-Founder at Wove, joins Cheddar Innovates to discuss Wove's unique engagement ring design process, which includes 3D printing replica rings, and the latest trends in the engagement ring industry.
Cheddar News explores perhaps the most divisive topic in American politics: abortion. The Supreme Court may change access in America with not just one but two major cases on its current docket so we traveled across the country to get viewpoints from both sides. Check out what we found as Megan Pratz hosts this full episode of 'Abortion in America.'
Jill and Carlo discuss what appears to be the beginning of the end of Roe v. Wade, another victim dies following the school shooting in Michigan, Omicron in the U.S., Trump's Covid chronology and more.
Wave Neuroscience announced a new collaboration with Wounded Warrior Project (WWP) to provide Braincare services to Active-Duty Service Members and Veterans. Operation Synchrony is a one-month, outpatient program focused on restoring and optimizing neuronal function utilizing individualized neuromodulation. Dr. Erik Won, president & chief medical officer of Wave Neuroscience and Alex Balbir, director of independence services at Wounded Warrior Project joins Cheddar News to discuss.
A new book is looking to help people talk about race by educating them on the appropriate way to do it. 'Read This to Get Smarter: About Race, Class, Gender, Disability and More' is a non-judgmental guide structured in a way for readers who are just starting their journey or those already versed in social justice to follow. Blair Imani, author of 'Read This to Get Smarter joins Cheddar News to discuss the book.
Lauren Brody, author and founder of The Fifth Trimester joins Cheddar News to discuss the state of working mothers in America and how many women are feeling the pressure this pandemic has caused.
The nine justices heard arguments Wednesday, around a Mississippi abortion law that bans the procedure after 15 weeks and appeared to lean toward upholding the law, while leaving uncertainty about the landmark precedent, Roe v. Wade. Kristin Ford, vice president of communications and research at NARAL Pro-Choice America joins Cheddar News to discuss.