Slashdot reader nolaguy quotes the New York Post: Movie subscription service Moviepass has pulled the plug on annual subscriptions, telling those subscribers that they will have to adhere to the same terms as monthly subscribers. The service made the announcement Friday in an email to those members and offered them prorated refunds if they want to cancel their annual memberships.... Until Friday's announcement, subscribers to the $89 annual plans had been able to see a movie a day. CNET reports that MoviePass "is now forcing you onto its monthly three-movie-a-month plan -- effective immediately...and you'll receive up to a $5.00 discount on any additional movie tickets purchased." They're plannning to apply the $89 annual fees toward the $9.95 monthly fees, but.... To add insult to injury, MoviePass says you'll only have until Aug. 31 -- a week from today -- if you want to get some of your money back in the form of a prorated refund, which you can only get by canceling your plan. And just to make things more ridiculous, MoviePass is preying on your FOMO by saying that if you do take the refund, you won't be able to sign up for MoviePass again for nine months. CNET's article ends with a link to their list of "the 11 times that MoviePass altered the deal," adding "This is getting sad. And a little shady."
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