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New Movie Tech

One million people are now using MoviePass and getting unlimited movies insanely cheap

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Image: Shutterstock / Zoriana Zaitseva

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MoviePass, the company that plans to revolutionize movie theaters with a flat monthly ticket rate, has reached 1 million subscribers since August. Though MoviePass has been around for several years, in August it was acquired by Helios and Matheson Analytics Inc. and lowered the monthly subscription rate to just $9.95.

“We are excited and proud to have reached the one millionth subscriber level in such a short time while still early in the consumer adoption curve,” said Mitch Lowe, MoviePass CEO, in a press release. “Our focus on creating the best movie theater subscription service experience for our subscribers has propelled our growth to date. We believe that growth will continue as we further develop our application, improve customer service, enhance exhibitor relations and fill movie theater seats for incredible films to be released in the future.”

MoviePass users can see up to one film per calendar day by checking in on the mobile app and then paying with a special MoviePass credit card. The initial price drop drew skepticism, including explicit dismissal from AMC theaters (at press time, AMC still accepts MoviePass).

The press release notes how quickly MoviePass reached 1 million after changing its pricing, as compared with other subscription services that charge roughly $10 per month: Netflix, Hulu, and Spotify. But the MoviePass model is new, the release notes, and this growth rate could change. There’s also no guarantee that the subscription rate is profitable, given the rising price of movie tickets nationwide.

“The whole reason that we did this deal and raised significant funding is so that we could afford to build a big user base and then work with the people who benefit, which are the studios and the theaters, and figure out how to share in that benefit,” Lowe told Mashable in August.

Read more: http://mashable.com/2017/12/20/moviepass-1-million-subscribers/

New Movie Tech

Roku on track for $1 billion in revenue in 2019

Charmaine Blake

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“Roku plans to be a billion-dollar company in 2019, the company said on Thursday as part of its announcement of strong earnings. The company beat analyst estimates and reported strong growth in active users and streaming hours with earnings of $0.05 per share, compared with the $0.03 analysts had estimated, and revenues of $276 million, compared with the expected $262 million.

Roku also reported 40 percent year-over-year active user growth, with 27.1 million active users by year-end, and a 69 percent year-over-year increase in streaming hours, which reached 7.3 billion.

The company said it plans this year to invest in international expansion, its ad-supported service The Roku Channel, advertising and its Roku TV platform.

While cord cutting is driving some of Roku’s growth, only around half of Roku’s customers fit this description, CEO Anthony Wood pointed out. The other half are more like “cord shavers” — those who are still pay TV subscribers, but are shifting more of their TV viewing to streaming services.

Roku’s ability to also attract pay TV customers combined with the fact that one in four smart TVs sold in the U.S. now runs its software is helping the company’s market share grow.

Roku estimates that one in five U.S. TV households now uses the Roku platform for at least a portion of their TV viewing. In the year ahead, Roku aims to better capitalize on its traction by increasing the monetization per user and scaling the number of households using Roku………………………………………………………….”

Read more: https://techcrunch.com/2019/02/22/roku-on-track-for-1-billion-in-revenue-in-2019/

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New Movie Tech

Netflix has the best movie selection, study shows

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“If you can only afford one streaming service, maybe this study will help you decide.

Based on the Rotten Tomato scores of all movies available on each of the big streaming services, it looks like Netflix has the best selection of movies, according to a study from Streaming Observer.

Compared to Amazon Prime, Hulu, and HBO Now, Netflix has the most movies that are “certified fresh” on Rotten Tomatoes, which means they have a steady score of 75% or higher and have been reviewed by a significant amount of critics and Rotten Tomatoes users. Of Netflix’s 3,839 movies, more than 15% are certified fresh.

Hulu has the closest number of movies at 2,336 but only 9.6% are certified fresh. HBO Now with 815 movies is sitting at 4.7% certified fresh. Amazon Prime has the most options at 17,461 but quantity does not equal quality for the online retail giant because only 1.3% of its movies are certified fresh.

All this basically comes down to the fact that Netflix has more higher quality movies than anyone else — 596, to be exact, which is roughly 360 more than both Hulu and Amazon Prime.

The data used by Streaming Observer is from Jan. 20, so it’s always possible that this could change. Movies are coming and going from streaming services all the time, and when new streaming services like Disney’s anticipated service come along, it’ll be quite a disruption for these sites.

Plus, this is all subjective and doesn’t take television shows into account. It’s really all about what you’re interested in watching. Not everyone wants to watch the best movies all the time. Sometimes you just want to watch King of the Hill, and you can only get that on Hulu.”

Read more: https://mashable.com/article/netflix-best-movies/

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New Movie Tech

Hulu drops price after Netflix raises rates

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Hulu isn’t done taunting Netflix just yet.

Image: Chesnot/Getty Images

Just as Netflix’s prices go up, Hulu’s are going down.

“Hulu has announced today that its reducing the price of its ad-supported subscription plan to $5.99 per month. The current price for Hulu’s lowest-tiered plan is $7.99 per month.. The company’s “no ads” plan will remain priced at $11.99 per month.

This move comes just a week after the streaming service’s biggest competitor, Netflix, unveiled its largest price increase ever. The price of Netflix’s most popular plan is now $13 per month.

However, the move to undercut Netflix’s prices isn’t the first time Hulu’s taken a swipe at its competitor this month. Last week, amid Netflix’s big promotion for the upcoming release of its anticipated Fyre Festival documentary, Fyre: The Greatest Party That Never Happened, Hulu dropped a surprise. It released its own Fyre Festival documentary, Fyre Fraud, before Netflix’s film.

In its pricing announcement, Hulu also unveiled a price increase for its Hulu + Live TV plan. That plan will be going from $39.99 to $44.99 per month.

Hulu Live TV brings channels like……………………………………………………………………”

Read more: https://mashable.com/article/hulu-price-drop-599/

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