Netflix co-founder wants you to buy a movie theater subscription

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Netflix Co-Founder Wants You to Buy a Movie Theater Subscription

Love going to the movies, but can't afford it? For $30 a month, MoviePass gives subscribers a debit card to watch as many movies as they want at the theater.

Mitch Lowe just became the CEO of MoviePass. He was an innovator behind Netflix and Redbox.

MoviePass is picking up in bigger cities, but the challenge is getting subscribers as well as convincing more theaters to join and promote.

That won't won't be easy. Subscription services are on the rise, but movie theater attendance has been on a steady decline in the last decade.

Yet, Lowe believes the subscription model will revolutionize the movie-going experience and bring people back to the theater.

Click through the gallery below to see learn the History of Netflix...

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History of Netflix
400303 03: Ready-to-be-shipped DVDs roll down an assembly line January 29, 2002 in San Jose, CA. The online DVD rental site Netflix.com has 500,000 subscribers who can rent, receive and return unlimited discs per month by mail. (Photo By Justin Sullivan/Getty Images)
400303 01: Netflix.com Chief Executive Officer Reed Hastings holds a ready-to-be-shipped DVD January 29, 2002 in San Jose, CA. The online DVD rental site has 500,000 subscribers who can rent, receive and return unlimited discs per month by mail. (Photo By Justin Sullivan/Getty Images)
400303 05: Packages of DVDs await shipment at the Netflix.com headquarters January 29, 2002 in San Jose, CA. The online DVD rental site has 500,000 subscribers who can rent, receive and return unlimited discs per month by mail. (Photo By Justin Sullivan/Getty Images)
Netflix CEO Reed Hastings gives a keynote address, January 6, 2016 at the CES 2016 Consumer Electronics Show in Las Vegas, Nevada. AFP PHOTO / ROBYN BECK / AFP / ROBYN BECK (Photo credit should read ROBYN BECK/AFP/Getty Images)
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