6:39pm At first glance, “No Postage Necessary” seems a bit of a throwback: The new indie comedy is shot on 35mm film, an artifact of cinema now used by only a handful of auteurs — think Quentin Tarantino — who can afford it. But that aspect of the film belies its ultramodern status: It’s the first movie to be released using the cryptocurrency technology called blockchain.
This will allow viewers to purchase the film using bitcoin — virtual tokens, not money — and view it via the app Vevue, which runs on the blockchain platform Qtum. The movie will also be released in a small handful of theaters around the country — Los Angeles and Chicago among them, but not New York — where viewers can pay actual money for actual tickets.
Fittingly, the film’s plot revolves around a hacker (George Blagden) whose criminal ways are reformed when he finds love, even as the FBI hopes to have him track down a cache of stolen bitcoin. MoviePass, which allows its subscribers to see one film a day in any major movie theater for a monthly fee of $9.95, is starting to get some competition, though it’s not very strong.
AMC recently started its own service, AMC Stubs A-List, which lets subscribers see three AMC movies per week for a monthly fee of $19.95. Then there’s Sinemia (whose second “i” seems misguided), doling out two movies in any theater per month for $10.99 (among other plans ranging in price from $4.99 to $15.99 monthly), and Cinemark’s Movie Club, for which $8.99 gets subscribers one movie ticket per month at one of its franchise theaters, with additional tickets also priced at $8.99.
On the higher end of the spectrum, virtual-reality technology now allows users to watch movies in their own homes on their headsets — and sometimes, in the case of Oculus Rooms, while hanging out with friends in a virtual space, via the social app in its VR headset. Rift, Vive, Daydream and Gear VR also offer movie-streaming capabilities. Read more from nypost.com…
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