Remember the glory days of 2018 moviegoing? Those with MoviePass can now relive the rise and fall of the company that offered customers a subscription service to watch one movie a day for the price of just $9.95 a month with a new documentary. MoviePass, MovieCrash, which premiered at SXSW, now has its first trailer ahead of an HBO and Max debut at the end of the month.
Company co-founder Stacy Spikes was interviewed by John Fink for The Film Stage on the subject of the company’s relaunch after their business model proved unsustainable, the state of the movie industry today, and his memoir Black Founder. In his review of MoviePass, MovieCrash, Fink recommends Spikes’ book as an alternative to the film, which he calls “a detailed overview that is at times a little too dry to find the irony and injustice at the core of this story.”
Here’s the...
Company co-founder Stacy Spikes was interviewed by John Fink for The Film Stage on the subject of the company’s relaunch after their business model proved unsustainable, the state of the movie industry today, and his memoir Black Founder. In his review of MoviePass, MovieCrash, Fink recommends Spikes’ book as an alternative to the film, which he calls “a detailed overview that is at times a little too dry to find the irony and injustice at the core of this story.”
Here’s the...
- 5/16/2024
- by Justin Martinez
- The Film Stage
HBO has released the trailer for MoviePass, MovieCrash, an upcoming documentary about the rise and fall of the movie ticketing subscription service. Watch it below.
MoviePass, MovieCrash primarily focuses on what went wrong in 2017, when the company introduced a bonkers $10 per month subscription for unlimited movie tickets. At the time, control of MoviePass had been wrested from co-founders Stacy Spikes and Hamet Watt, with former CEOs Mitch Lowe and Ted Farnsworth leading the charge.
In the trailer, one former employee gives a peek into the behind-the-scenes drama, saying, “When they talk about MoviePass, you usually get a picture of Mitch [Lowe] and Ted [Farnsworth]. But that’s definitely not the case.”
Directed by award-winning filmmaker Muta’Ali, MoviePass, MovieCrash features interviews with the company’s co-founders, former CEO Lowe, and former employees, as well as subscribers, investors, journalists, and financial analysts.
“In a span of eight years, MoviePass went from being the...
MoviePass, MovieCrash primarily focuses on what went wrong in 2017, when the company introduced a bonkers $10 per month subscription for unlimited movie tickets. At the time, control of MoviePass had been wrested from co-founders Stacy Spikes and Hamet Watt, with former CEOs Mitch Lowe and Ted Farnsworth leading the charge.
In the trailer, one former employee gives a peek into the behind-the-scenes drama, saying, “When they talk about MoviePass, you usually get a picture of Mitch [Lowe] and Ted [Farnsworth]. But that’s definitely not the case.”
Directed by award-winning filmmaker Muta’Ali, MoviePass, MovieCrash features interviews with the company’s co-founders, former CEO Lowe, and former employees, as well as subscribers, investors, journalists, and financial analysts.
“In a span of eight years, MoviePass went from being the...
- 5/16/2024
- by Eddie Fu
- Consequence - Film News
The rise and fall of theater subscription service MoviePass is captured in new HBO documentary “MoviePass, MovieCrash.”
Dubbed “the Netflix of the movie theater” in the trailer, MoviePass was founded by Stacy Spikes and Hamet Watt in 2011 before former CEOs Mitch Lowe and Ted Farnsworth allegedly utilized fraudulent business tactics; the duo were charged by the Securities and Exchange Commission (SEC) in a 2022 lawsuit. The lawsuit additionally named ex-MoviePass Vice President Khalid Itum as a defendant, with Itum being accused of submitting false invoices for the company.
MoviePass filed for bankruptcy in 2020 after launching a $9.99 per month subscription in 2017 allowing people to see a movie a day. Upon moving to the $9.99 one movie per day model, subscriptions went from 20,000 to 100,000 users within two days, ultimately capping at more than 3 million subscribers in 2018. Yet the company still lost more than $150 million in 2017 alone. MoviePass filed for bankruptcy in 2019.
The company later...
Dubbed “the Netflix of the movie theater” in the trailer, MoviePass was founded by Stacy Spikes and Hamet Watt in 2011 before former CEOs Mitch Lowe and Ted Farnsworth allegedly utilized fraudulent business tactics; the duo were charged by the Securities and Exchange Commission (SEC) in a 2022 lawsuit. The lawsuit additionally named ex-MoviePass Vice President Khalid Itum as a defendant, with Itum being accused of submitting false invoices for the company.
MoviePass filed for bankruptcy in 2020 after launching a $9.99 per month subscription in 2017 allowing people to see a movie a day. Upon moving to the $9.99 one movie per day model, subscriptions went from 20,000 to 100,000 users within two days, ultimately capping at more than 3 million subscribers in 2018. Yet the company still lost more than $150 million in 2017 alone. MoviePass filed for bankruptcy in 2019.
The company later...
- 5/16/2024
- by Samantha Bergeson
- Indiewire
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