I would pay
I so hope that Cyrus brings this app back to life (i.e., with movie info, as the Netflix functionality still seems to work). It was the best of all the movie apps I tried -- and they are legion -- and it always amazed me that it was free. Now it's not on the App Store anymore.
Cyrus, if you read this blog: I would gladly pay (up to $5) for Now Playing or put up with ads to support it. (I would rather pay for an app without ads, but if the latter is the only way to bring back Now Playing, so be it.)
While waiting for Now Playing to return, I've been using Showtimes. It's okay, but not as good as Now Playing.