*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)

Share:
More In Culture
This Blazer Can be Your Number One Hype Woman
PWR WMN's CEO and Co-Founder, Kimberly Borges, and COO and Co-Founder, Miriam McDonald, join ChedHER to discuss how they are building an apparel brand to make women feel confident and powerful, and the latest trends in workplace fashion.
Need2Know: Russia Missile Test, COVID Fraud & Florida Strikes at Disney
Catching you up on what you need to know on April 22, 2022, with updates on a new Ukraine aid package, a new missile test by Russia, DOJ announcement of $150 Million in COVID-related fraud, the Florida senate supports Gov. DeSantis in stripping Disney of its special tax district, and more.
Creating Safe Spaces for Students
As the target of racist attacks in middle school, Destiny Helligar used her experience as a catalyst to make sure these attacks wouldn't happen to other students. The young activist joins Cheddar News to discuss creating safe spaces in schools with her organization the Destiny Education Project.
Why many parents are sticking to homeschooling despite classrooms reopening
A record number of children got homeschooled during the pandemic, jumping over 60 percent in the 2020-2021 schoolyear compared to pre-pandemic numbers. Andrew Bacher-Hicks, Assistant Professor of Education Policy at Boston University joins Cheddar News to explain why many parents are sticking to home education even after schools reopened their doors.
Load More