MoviePass Out: Exhibs Miffed, MoviePass Beta Suspended
That old (inaccurate) axiom that all publicity is good publicity wasn’t true yesterday for MoviePass. The new venture that offered moviegoers unlimited movie tickets for $50 a month has placed their beta launch in San Francisco on hold after AMC and other circuits expressed deep concern and refused to participate.
According to The Hollywood Reporter, “MoviePass insisted late Thursday that the company is not going out of business. A spokeswoman said the New York-based venture has funding and still plans to move forward, but first will reach out again to theater owners including AMC.”
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