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MoviePass was founded in 2011 by technology and entertainment entrepreneurs Stacy Spikes and Hamet Watt. [8] [9] It was backed by major investors including True Ventures, AOL Ventures, Lambert Media, Moxie Pictures and other investors.
MoviePass, a movie-theater subscription service that emerged from bankruptcy with its original founders at the helm, has received an equity investment from Forecast Labs, a consumer venture group ...
MoviePass, the famously cheap cinema subscription service that crashed and burned, has a new investor: Comcast's Forecast Labs.
Sui Foundation is also taking an equity stake in MoviePass as part of the agreement. MoviePass is the leading movie subscription platform focused currently on the US market, and recently featured in the HBO documentary MoviePass, MovieCrash. MoviePass relaunched in 2023 and achieved profitability that same year.
Ted Farnsworth pleaded guilty to defrauding investors in MoviePass and Vinco. Farnsworth has been in prison since August 2023. MoviePass's $10 plan led to its popularity but was unsustainable ...
Farnsworth and J. Mitchell Lowe, the former CEO of MoviePass, once told investors that MoviePass’ business model of letting customers see unlimited movies in theaters for $9.95 per month was a ...
MoviePass launched nationwide in 2012 as a subscription-based movie ticket service. Basically, customers paid a flat fee each month in exchange for being able to see up to one movie per day in a ...
MoviePass, after emerging from bankruptcy under new ownership, is launching its movie-theater subscription service nationwide ahead of the Memorial Day weekend. The service lets MoviePass members ...