MoviePass

Sopa Images | Lightrocket | Getty ImagesFormer executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was unsealed Friday.Theodore Farnsworth, 60, former CEO of Helios & Matheson, and Mitchell Lowe, 70, former CEO of MoviePass, are charged with misleading investors and making false statements about the movie subscription service to boost the stock price of its parent company, Helios & Matheson Analytics. The indictment alleges that Farnsworth and Lowe in…

Mitch Lowe, left, and Ted Farnsworth, right, were execs for MoviePass and parent company HMNY, respectively. They were at the head of decision making when MoviePass started using abusive tactics to limit their app’s use among its most fervent users.Photo: Dave Kotinsky/Getty Images (Getty Images)The story of MoviePass’ downfall is a rerun that everybody seems keen to revisit, even though it’s a story we’ve heard time and time again. Though seeing how new incarnations of the once-dead service are already picking up steam,…

The US Securities and Exchange Commission has filed a lawsuit against two former MoviePass executives. In a federal complaint seen by , the agency accused Theodore Farnsworth and Mitch Lowe on Monday of misleading investors about the viability of the company’s $9.95 per month business model. Farnsworth was the chief executive officer of , the parent company of MoviePass between 2017 and 2020. Lowe led MoviePass between 2016 and its . The SEC alleges Farnsworth and Lowe “intentionally” and “repeatedly” shared false…

Is shoving your head directly into your computer what they mean when they say “the metaverse”?Photo: Kaspars Grinvalds (Shutterstock)Those of us who’ve been paying attention to new blockchain projects over this past year have noticed a strange trend. Failed or failing individuals or businesses are trying to reform their images, and it has everything to do with the still-nebulous idea of Web3.You don’t have to look hard to find news of a “hey, yeah, I forgot that person/company/project existed” suddenly busting through the…

The cinema ticket subscription service MoviePass is making a return after being absent for the last few years due to profitability and legal issues, and the waitlist is live for those who want to be first in line. All you need is your email and zip code.   As first reported by Business Insider, the newly revamped beta version of MoviePass will launch around Labor Day – which is on 5 September 2022. Those signed up to the waitlist will be notified. As before, the service will be exclusive to the US.   The…

MoviePass is back, kind of. Starting today, you can sign up to be on a waitlist to become a MoviePass subscriber, and if you want to, you should move quickly since the waitlist will only be open for five days. The new MoviePass is scheduled to launch around Labor Day, and its first users will be those at the top of the waitlist. If you’re wondering what, exactly, this new MoviePass is going to be... join the club. This is the company that once promised all the in-theater movies you could watch for $10 a month, only to…

It's the Hollywood sequel nobody saw coming.MoviePass, the movie subscription service which took the world by storm in 2017 before quickly racking up massive amounts of debt and eventually shuttering in September 2019, has announced that is returning next month.The company announced in an email that it will return on Labor Day, and will be opening up its waitlist to early sign-ups on August 25. Here's what we know so far about MoviePass' return.What is MoviePass?In its previous incarnation, MoviePass was a subscription…

Back when MoviePass first announced its $9.95 pass for unlimited movie tickets, it quickly amassed over 3 million subscribers, and quickly realized it didn’t have the money to keep that price going.Photo: Craig Barritt (Getty Images)MoviePass is the ex who routinely texts you long after you think that you were finally done with them. The film ticket subscription platform that once promised users unlimited movies for less than $10 a month is now trying to slither its way into your DMs, promising, pinky swearing, and…

is about to write the next chapter in its turbulent history. A beta of the revived service will launch on or around September 5th (Labor Day). Pricing will vary depending on each market, but it will be a tiered system costing around $10, $20 or $30 per month. , which first reported the relaunch details, notes that users will get a number of credits each month to see movies in theaters. There won't be an unlimited plan at the outset. MoviePass cofounder Stacy Spikes earlier this year that users will be able to transfer…