Cheap movies, private equity failures. It doesn’t get any better than this
The year was 2018, and we were knee-deep in the greatest summer of our lives. After all, the air conditioning is cheap when the movies are free because Moviepass, the frankly ludicrous subscription service, had convinced itself that giving movie tickets away was the fastest way to make a buck. For $9.95 a month, MoviePass would send subscribers a pre-filled debit card to use on movie tickets and spend they did. Movie after movie for just $10 a month, and billionaire investors footing the bill.
The difference is, unlike Theranos or the Fyre Festival, the worst parts of MoviePass were customer service-related. No one’s blood was drawn, and no one was trapped on an island with nothing to eat by cheese sandwiches. It was just impossible to get someone to respond to a complaint because there was no money to staff the company.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why MoviePass really failedMoviePass officially shut down on Saturday, September 14th, ending the platform’s controversial two-year run as a would-be disruptor of the moviegoing business. It’s easy to write the company off as a foolish endeavor doomed to fail. But MoviePass’ ambitions were far more complex than just refashioning the gym membership for the movie theater.
Read more »
Witness the Rise and Fall of MoviePass in New HBO Documentary TrailerRob London is a writer at Collider who focuses on horror, science fiction, and obscure and classic movies. He has written for Marvel Comics.
Read more »
Shares of Wynn Resorts rise after another great quarter but are still cheapAnother quarter of great results from the casino operator, including beats for every property and upbeat guidance.
Read more »
BYD Yuan UP Is Good And Cheap: VideoChina-based YouTube channel Wheelsboy is super impressed with the $14,000 EV crossover.
Read more »
China uses cheap AI chips to control hypersonic weapons, boosting rangeA team of Chinese researchers has released a step-by-step guide to using cheap and widely available NVIDIA AI chips to improve hypersonic vehicles.
Read more »
You Can Lease A Toyota bZ4x For Astoundingly Cheap Right NowIn some regions, leasing a bZ4X can be less than $185 per month, even factoring in the downpayment.
Read more »