Is MoviePass too good to be true? Company needs funding
(CNN Money) — Will the meteoric, feelgood rise of movie subscription service MoviePass end like a cliché Hollywood melodramatic tearjerker? MoviePass, which buys tickets from theaters and offers them to subscribers, is losing money. That’s not a shocker, considering members pay just $7.95 a month to see a movie a day. The company’s majority owner, Helios and Matheson Analytics, issued a dire warning about the company’s ability to stay in business in a regulatory filing earlier this week. “MoviePass has […]...
Published By: Fox 17 - Friday, 20 April, 2018
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