by: dinesh !

MoviePass to relaunch on Labor Day in beta form with pricing ranging from $10-$30 a month

MoviePass, the dramatic rise and fall of the movie theatre ticket subscription business, will reemerge in test form on Labor Day.

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MoviePass creator Stacy Spikes purchased the firm back in November when its parent company,

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Helios and Matheson Analytics (HMNY) both declared bankruptcy.

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Spikes and his crew have been hard at work since then on relaunching the popular service.

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The waitlist will be open for five days on a first come, first served basis. It will be free to sign up with MoviePass

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All you need is an email address and a zip code. When the waitlist is exhausted,

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On Labor Day (September 5), the first round of beta users will be alerted and given three price tiers to choose from.

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Prices will vary depending on the user's location, however the average monthly fee will be $10, $20, or $30.

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Each membership choice will provide the customer with a certain number of credits to utilise each month to watch movies.

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There won't be an unlimited option during the beta version.

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