MoviePass CEO Stacey Spikes said the service may give users buying tickets on the app the option of watching a bucket of commercials in exchange for credits they can cash in for movie tickets. Spikes – who relaunched the company out of bankruptcy in 2022 – wants to start a beta trial this coming summer.
MoviePass
“It was a contributor to the specialty box office, and I hope it will be again,” says Laemmle CEO Greg Laemmle of MoviePass, the subscription service that unsurprisingly went bankrupt in early 2020 after offering a movie a day for ten bucks a month. A co-founder Stacy Spikes, who was pushed out amid strategic differences
A little over a month after the U.S. Securities and Exchange Commission sued two former top execs at MoviePass and its parent company, Helios + Matheson, for fraud, the Justice Department today unsealed an indictment charging those same executives, Theodore Farnsworth and J. Mitchell Lowe, each with one count of securities fraud and three counts of wire