Cinemark Launches Movie Club to Compete Against MoviePass
Yesterday Texas-based movie chain Cinemark (NYSE: CNK) has launched Movie Club which it calls the movie-lover’s membership. The monthly membership program gives members one discounted 2D adult movie ticket every month for $8.99 plus 20 percent off on concession purchases, waived online fees and other exclusive benefits. Unused tickets roll over and never expire for active members; members who cancel have up to six months following cancellation to use their credits.
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