There are two other changes on the way that will probably be more palatable to MoviePass' customers. In August, the company will launch a bring-a-friend option, where subscribers can add a ticket for another person for "somewhere near the retail price of the ticket." And for an additional $2 to $6, subscribers can see an Imax or 3D film, neither of which are currently included in MoviePass' plans. At launch, users will be able to add one of these new options to their ticket purchase, but adding both options for the same showing won't be available immediately.
MoviePass has had plenty of money issues. An SEC filing notes that the company's monthly losses rose to $40 million last month as subscription tallies surpassed three million. Variety also reported today that MoviePass launched a $164 million bond sale, basically taking out a loan in order to keep operating. Lowe told Business Insider that the new surge pricing was partly put in place to ensure "we can continue to offer a valuable service and support the whole enterprise."
Meanwhile, AMC launched its own subscription plan yesterday after spending months disparaging MoviePass and its model, and Sinemia continues to offer a variety of plans as it competes with MoviePass.