But more than 100 users contacted Business Insider saying their accounts were terminated unfairly.

"However, we didn't see a path to sustainability as an independent movie ticket subscription service in the face of competition from movie theaters as they build their own subscriptions.

After burning hundreds of millions of dollars, the company was forced to alter its features to stay in business, prompting its subscriber count to Today, with a heavy heart, we're announcing that Sinemia is closing its doors and ending operations in the US effective immediately. Thanks to the cost advantage and cross-sell opportunities, movie theaters will be prominent in the movie ticket subscription economy. "The movie-ticket subscription service faced a class-action lawsuit from customers and had promised to give users it had recently terminated partial refunds.Embattled MoviePass competitor Sinemia has shut down its US operations, the company said in a statement posted to its website on Thursday.

I have used the membership only twice since then and paid around $143.

3. At Sinemia…

While moviegoers bask in the glory of a record-breaking Avengers: Endgame opening weekend, film subscription service Sinemia announced it too was in the endgame …

“[W]e didn’t see a path to sustainability as an independent movie ticket subscription service in the face of competition from movie theaters as they build their own subscriptions.

Marvel Studios A statement on the Sinemia website says: “Today, with a heavy heart, we’re announcing that Sinemia is closing its doors and ending operations in the U.S. effective immediately.

“[Sinemia] lures consumers in by convincing them to purchase a purportedly cheaper movie subscription, and then adds undisclosed fees that make such purchases no bargain at all,” according to the lawsuit.

MoviePass had also filed a including Canada, Australia, and the UK.


As Sinemia, we set out our journey with the vision to help as many moviegoers as possible to enjoy an affordable and better experience at the movies by a creating a movie ticket subscription service that adds value for both the moviegoers and the movie industry. Get our daily newsletter today.

We are so grateful to have had the opportunity to share our dream with you.

"Sinemia said in March that it had terminated "approximately 3 percent of its accounts due to misuse or fraudulent activity." Despite the best efforts of our team, it has been difficult for us as a start-up to continue providing our services to the moviegoers in the US without resources and enough capital to meet increased operations and legal costs.

The movie ticket service Sinemia never acquired the cultural cachet — or infamy — of MoviePass. The abrupt closure came right before "Avengers: Endgame," Some customers filed a class-action lawsuit in November, , alleging Sinemia ripped them off by introducing a new "processing fee." "The company's announcement did not address whether customers who paid for yearly plans up front would get partial refunds.Sinemia said that its "efforts to cover the cost of unexpected legal proceedings and raise the funds required to continue operations have not been sufficient. Sinemia, a would-be rival to MoviePass, is closing down its U.S. operations — telling customers it could not find “a path to sustainability” amid legal headaches, competitive pressures and … The abrupt closure came right before "Avengers…
Copyright © 2020 Penske Business Media, LLC.

It had been the subject of complaints from users who said that the service didn’t work and, in some cases, their accounts were terminated without warning.Last November, a class-action lawsuit was filed against the company that alleged a “bait and switch” scheme against customers.

Sinemia has launched a range of ticket plans that it previously said would be sustainable, with … We are all witnessing that the future of moviegoing is evolving through movie ticket subscriptions.

It was widely believed MoviePass would be the first major movie ticket subscription service to officially die, but the infamous company is still hanging in there. Just days after it was reported movie ticket subscription service Sinemia was considering closing its doors, they’ve gone ahead and done just that.After reports of financial troubles over the last week, and changing pricing in the last few days, the company has now had to terminate all its U.S. operations today.

It's unclear how operations in those countries will be affected. I paid using my Citi bank credit card.

Sinemia is sticking to its explanation that accounts were closed due to fraudulent activity or misuse.

Sinemia said that its "efforts to cover the cost of unexpected legal proceedings and raise the funds required to continue operations have not been sufficient.




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