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The new interim CEO of MoviePass’ owner had deep ties to an Indian company accused of massive fraud

The CEO had ties to Helios and Matheson Information Technology (HMIT), which used to own the company.
(L-R) MoviePass CEO Mitch Lowe and CEO of Helios and Matheson Analytics Ted Farnsworth at the "Gotti" premiere.

The CEO of MoviePass’ parent company has stepped down and is trying to buy the movie-ticket subscription service, which shut down Saturday

Former Helios and Matheson Analytics CEO Ted Farnsworth has submitted an offer to purchase MoviePass, MoviePass Films, and Moviefone.

If you’re laughing at the death of MoviePass, you probably aren’t paying close enough attention

Contrary to a popular media narrative, venture capitalists were not the ones who lost money on MoviePass' downfall. Retail investors were.

MoviePass is shutting down and looking for a buyer

The parent company of the movie-ticket-subscription service is looking for a sale of MoviePass, Moviefone, and MoviePass Films.

MoviePass customers’ credit card information was reportedly left exposed in an online database without a password

The server contained full credit card numbers and billing information that could have led to fraud if the database wasn't taken offline.

How MoviePass burned through millions, JPMorgan’s power players, and Instagram’s privacy practices

Here are the business stories you need to read this week, including deep dives on MoviePass, JPMorgan, and Instagram
MoviePass.

LISTEN: How MoviePass went from a Hollywood disrupter to flat broke in 18 months

The movie-ticket-subscription service blew through hundreds of millions of dollars to become relevant and used to questionable business tactics.

MoviePass has temporarily halted its service to resolve ‘technical problems’ in another sign that it’s in danger

The troubled movie-ticket subscription service said it could take several weeks before the service is running again.

4 alternatives to MoviePass to consider if you’re looking for a new movie-theater subscription service

As the future of MoviePass remains in doubt, here are several alternatives for moviegoers to consider.
Regal Cinemas is launching an unlimited movie-ticket subscription plan.

Regal Cinemas is reportedly launching an unlimited movie-ticket subscription plan this month

Regal Cinemas, the second-largest movie chain in the country, will reportedly be launching an unlimited movie-ticket subscription plan by end of July.