MoviePass

MoviePass shuts down, promises refunds to subscribers

Posted by WRAL TechWire | Sep 16, 2019

MoviePass, once a revolutionary ticketing service, has shut down down and it’s unclear if it will return. Here’s what is happening.

MoviePass goes dark for ‘several weeks’ to update its app

Posted by WRAL News | Jul 5, 2019

The outage began Thursday morning. The company hasn’t when the service will be back up.

MoviePass’ parent company wants to spin it off

Posted by WRAL TechWire | Oct 23, 2018

The parent company of MoviePass wants to spin off the movie subscription business as a separate public company.

MoviePass aims to raise stock price, faces new rival

Posted by WRAL TechWire | Sep 18, 2018

MoviePass is toying with yet another dramatic proposal to boost its cratering stock price even as it faces a new rival.

Losses are mounting, cash is running short at MoviePass.

Posted by CNN | Aug 15, 2018

The company burned through $27 million in cash in the quarter, leaving it with cash reserves of only $15.5 million on its balance sheet. Helios and Matheson once again warned that “without raising additional capital, there is substantial doubt about the company’s ability to continue as a going concern.”

MoviePass will limit customers to 3 movies per month, won’t up prices

Posted by CNN | Aug 6, 2018

MoviePass, the struggling movie subscription service, will limit customers to three movies per month and also won’t raise prices.

MoviePass: ‘Talk of our demise is greatly exaggerated;’ AMC rival surges

Posted by CNN | Aug 3, 2018

“To paraphrase Mark Twain: Talk of our demise is greatly exaggerated,” MoviePass said in a press release Thursday. Meanwhile, AMC’s rival service is surging.

MoviePass reportedly won’t include upcoming big releases; users may face higher costs, limits

Posted by WRAL TechWire | Aug 1, 2018

Sources told Business Insider on Monday that MoviePass CEO Mitch Lowe said in “an all-hands meeting” that the app won’t make upcoming big releases available to subscribers.