MoviePass was not a bad idea in the age of streaming subscriptions. By the 2010s, audiences were already paying subscriptions for Netflix, Prime Video, and other streaming apps. So why not at the theater? As later proven by AMC’s services, it can work. The problem was that MoviePass as a company was a primordial idea corrupted by a lack of oversight and poor management.
Co-founder Stacy Spikes had a good idea that attracted investors in the early-2010s. The first few years were rough, but th...
Published on June 21, 2024 11:23