Cinemark announces $8.99-a-month subscription service to take on MoviePass

Cinemark, the nation’s third-largest theater chain, began a subscription program that gives customers discounts on tickets and concessions, in the latest effort to boost attendance. The Plano, Texas-based company said Tuesday that customers who pay a monthly fee of $8.99 will receive a credit for one movie ticket a month. Subscribers can also buy additional tickets…