AMC takes aim at MoviePass with new $20-a-month subscription plan

Ken Wolter/Shutterstock.comAMC Theatres has launched a new tier to its monthly subscription plan that competes against MoviePass.
  • AMC Theatres has announced the launch of AMC Stubs A-List.
  • For $US19.95 (plus tax) a month, you can see three movies per week.
  • You get perks like free refills of popcorn and online ticket fees waived, while also being allowed to see a movie in any format and see the same movie as many times as you want.
  • AMC, the biggest movie chain in the world, is now in direct competition with MoviePass.
  • AMC Stubs A-List launches on June 26.

AMC Theatres has decided to up its subscription game and go head-to-head with MoviePass.

In an clear move to compete against the subscription upstart, the largest theatre chain in the world announced in a press release on Wednesday that it will add a new tier to its subscription loyalty program, AMC Stubs. On June 26, the company is launching “AMC Stubs A-List.”

For $US19.95 (plus tax) per month, members will get to see three movies a week in theatres. They will also get all the benefits of the AMC Stubs Premiere plan (free refills on popcorn, online ticketing fees waived) plus being able to book tickets in advance, see a movie in any format (IMAX, RealD 3D), and can come back and see the same movies. (However, if you don’t see three movies in a week, they do not carry over to the following week).

Many of these perks – like advance tickets, seeing non-2D movies, and seeing the same movie again – are restricted by MoviePass.

AMC and MoviePass have been at odds since the app launched its $US9.95-per-month model last summer. AMC has been its loudest opponent, even hinting at trying to block the service from its theatres. MoviePass later stoked the fires when it suddenly pulled the app service from 10 AMC locations in January. (It later reactivated them.)

MoviePass responded to the AMC news via Twitter on Wednesday:

AMC’s launch of Stubs A-List doesn’t just make it a major competitor with MoviePass (Cinemark also has a $US8.99 subscription service that lets you go to one 2D ticket per month), but shows that movie theatre subscription plans are not going away.

With MoviePass proving that audiences will go to the movies more often if given an attractive way to do it (MoviePass boasts it represents more than 5% of US box office receipts and has over 3 million subscribers), the chains are clearly taking the model and running with it.

They no doubt, however, hope their subscription programs can be more financially viable than MoviePass. Stock of MoviePass’ parent company, Helios and Matheson, sank to an all-time low of $US0.29 early Wednesday.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.