MoviePass 2.0 Wants to Be Audible Credits Meets Airbnb Marketplace
Stacy Spikes, the original founder and CEO, fills in some of the missing pieces from Thursday’s launch event in his IndieWire interview.
Stacy Spikes, the original founder and CEO, fills in some of the missing pieces from Thursday’s launch event in his IndieWire interview.
A tiered model, the option to bring a friend, virtual currency, and tradeable credits are among the features of the new MoviePass.
Stacy Spikes, the original MoviePass co-founder and its new owner, has long been vocal about the unsustainability of $10 per month. But he has a lot of ideas that could transform the post-pandemic theatrical landscape.
The upcoming MoviePass series will chronicle the company’s explosive growth and the mismanagement that led to its downfall.
It turns out MovePass’ long downward spiral didn’t actually end when it shut down last month.
Wait, MoviePass still existed? The end of one of the biggest consumer disasters of the decade has finally come.
It’s all because one of the company’s servers was not protected with a password.
Business Insider spent four months investigating the fledgling ticket subscription company, and the results are shocking.
“Due to maintenance related issues, MoviePass services have been put on a temporary hold,” the company is tweeting to disgruntled customers.
While reports say that Sinemia might close, the company is lowering prices on too-good-to-be-true yearly plans as its service grows worse.
Business Insider reports the struggling company is down to just 225,000 subscribers.
“We knew what was sustainable. But the overriding voice was, ‘No, this is awesome, look how fast we’re growing,'” Stacy Spikes said in a rare interview.