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  1. #41
    I guess they ran out of fools to separate their money from.

  2. #42
    Quote Originally Posted by left_hook_lacey View Post
    What the heck is Moviepass? Or, was movie pass?
    Something akin to a firm that sold all-you-can-eat annual passes that were to be accepted at other people's restaurants.

    until they were no longer accepted, that is.

  3. #43
    The most shocking thing in the release is that Moviefone is still around. I thought Google and the smartphone killed it off years ago.

  4. #44
    Quote Originally Posted by Kdogg View Post
    The most shocking thing in the release is that Moviefone is still around.
    Maybe the value of product placement can have a really long tail.


  5. #45
    Join Date
    Feb 2007
    Location
    Hot'Lanta... home of the Falcons!
    In news that I thought had been news a long long time ago, Moviepass and its owner officially filed for bankruptcy today. Absolutely no one on the planet is shocked at this development.

    ultimately, MoviePass’ cash-burning business model proved unsustainable. For full-year 2018, its most recent financial filing, Helios and Matheson reported its net loss more than doubled, to $329.3 million, on revenue of $232.3 million.
    Why are you wasting time here when you could be wasting it by listening to the latest episode of the DBR Podcast?

  6. #46
    Join Date
    Feb 2007
    Location
    Raleigh, NC
    Hit the "New" button on this thread and started reading responses. Read a bunch of posts before I realized they were from 2017!

    My father in law recently closed his movie theater and had to declare bankruptcy. At one point he said he was at Costco and saw a 65" 4k capable TV for something crazy like $300. Between that and streaming services...

    (Note his theater was unique and faced some other challenges over time).

  7. #47
    Join Date
    Feb 2008
    Location
    New Bern, NC unless it's a home football game then I'm grilling on Devil's Alley
    It's Baaaaaaack!

    MoviePass will return on September 5th with plans starting at around $10 per month
    MoviePass 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. Insider, 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.
    https://www.yahoo.com/finance/news/m...144903613.html
    Q "Why do you like Duke, you didn't even go there." A "Because my art school didn't have a basketball team."

  8. #48
    Meanwhile, the parent for Regal Cinemas is teetering on the brink of bankruptcy

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