MoviePass is going to start charging more for popular movies next month
Found on Quartz on Monday, 25 June 2018
The movie-ticket subscription service, which charges $9.95 per month to see a movie a day in the US, will start surge pricing on popular movies next month, Business Insider reported.
The news comes as MoviePass’s parent company, Helios and Matheson Analystics, revealed in a filing on today, June 21, that it was spending cash quickly and may need more than $1.2 billion in additional capital to keep MoviePass, and its various ventures, afloat.
Someone came up with a really bad business plan. Nobody sane would invest a single cent into such a money grave.