- Subscription movie service MoviePass made a name for itself by practically handing out money.
The popular service, owned by parent company Helios and Matheson, charges $9.95 a month to see up to one regular 2D movie in theaters a day—including in markets like New York, where a…
- Alison Griswold
MoviePass pays the theaters full price for each ticket.
In May, MoviePass reported spending $40 million more in cash than it brought in.
For June, it expected that gap to increase to $45 million.
In July, the…