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(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.
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.

The cofounder of MoviePass recounts what led to his firing from the company he’d built from the ground up

MoviePass cofounder Stacy Spikes tells for the first time how he left the company he built.
Bob Ellis.

MoviePass got rid of a consultant accused of inappropriate behavior toward women after executives threatened to quit. His quiet return has shaken the ...

The former music manager Bob Ellis was let go as a consultant at MoviePass over allegations of bad behavior but has still attended executive outings.
Ted Farnsworth, right, the CEO of MoviePass parent company Helios and Matheson, with Rod Vanderbilt, and Mitch Lowe, MoviePass' CEO.

After losing 99% of its value, MoviePass’ parent company is getting ready to ask shareholders to support its CEO and approve his pay

However, Helios and Matheson — which bought MoviePass in mid-2017 — declined to try again to get investors to approve a reverse stock-split proposal.
Things are starting to look dire at MoviePass.

MoviePass’ parent company says the $65 million in new funding it just raised isn’t exactly ‘new’

Ted Farnsworth, CEO of MoviePass owner Helios and Matheson, said Tuesday it had raised $65 million in new funds. But the company now says some of that money came from debt agreements it struck months ago.
(L-R) MoviePass CEO Mitch Lowe and Helios and Matheson CEO Ted Farnsworth.

MoviePass’ owner is suddenly trading around $14, but one expert warns the service still has a major challenge ahead

MoviePass' owner, Helios and Matheson Analytics, is now trading up because of a reverse stock split. But what the company really needs is new money, one expert says.