MoviePass Charged $9.95 for UNLIMITED Movies — Then Burned $330 MILLION 🎬📉
84 مشاهدة · 2026/11/03
🎬📉 MoviePass sold UNLIMITED cinema for $9.95 a month — less than the price of ONE ticket. 150,000 people signed up in 2 days… then 1 million, 2 million, 3 MILLION subscribers. But MoviePass paid full price for every single ticket, and burned a reported $21.7 MILLION a month. Not even a desperate 1-for-250 reverse stock split could save it. It shut down in September 2019, filed Chapter 7 bankruptcy in January 2020 — then founder Stacy Spikes bought his own company BACK for just $140,000 and relaunched it.
Genius idea… or doomed by math? Tell me in the comments 👇
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