MoviePass is the new service allowing people to watch unlimited movies for a flat fee of $50 per month. Sound too good to be true? Well, there is a catch…a few actually:

• You can only see a movie one time. If you want to watch the last installment of Harry Potter again, you need to either pay for another ticket or “apparate” into the theater.
• You can only see one movie per day, so no movie marathons. If you are generally busy during the week, you can watch about 2-3 movies per weekend, which is 8-12 movies per month if you are so inclined.
• Tickets are non-transferable which means you cannot (or should not) give the ticket to someone else. Unlike kindergarten, sharing is not caring in this case.
• Tickets must be purchased the day of the show. If you want to guarantee your ticket for the next much anticipated blockbuster, you probably have to buy it on Fandango instead…or wait a few weeks.
• 3D and IMAX films will still cost you an extra but you will only have to pay the  $3 surcharge.

Also, people generally like to go the movies with other people. At the present moment, there does not seem to be a “partner discount” like guest passes at the gym or a “family plan” ($200 per month for a family of four, yikes!).

Considering the average ticket is about $10 (there can be a huge variance depending on what time you watch and where you are located, so for the sake of simple math, just bear with me) you would have to watch at least FIVE movies per month to make it worth your while. For movie buffs and film connoisseurs, this is a good deal and you don’t have to wait months for it to get on Netflix.

For others, they may just have to pass on MoviePass.

*MoviePass is currently beta testing in San Francisco, but you can sign up on their website to receive an email notification when it is available.

Would you use MoviePass? If not, what changes have to be made for it to be worth your while?

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